This paper addresses a longstanding puzzle involving the unbundling of services that has occurred over more than two … decades in the U.S. advertising agency industry: How can the shift from the bundling to the unbundling of services be … Salinger (2005, 2008), we develop a simple model of an advertising agency's decision to unbundle its services as a tradeoff …

This paper is an attempt to explain diffusion in the production of an innovation. Diffusion in production is defined as … products and, hence, of changes in production processes for "old" products (or services). The empirical results confirm that a … innovation. The principal variable that explains diffusion of entry is the demonstration effect. The principal variable that …

policy, due to their potential to foreclose competition and affect innovation incentives. We exploit major new product …

manufacturing - to study the effects of new IT on product innovation, production process improvements, employee skills and work …

– experience 45% less growth in the year after launch. By isolating exogenous variation in the composition of beta testers …

and structural factors, including trade in business services and foreign direct investment (FDI), using simple descriptive … by offshoring and exports of business services, and a negative association with imports of business services. However … investment, and the relative size of the services sector all have a positive association with the share of potentially …

The relative price of services rises with development. A standard interpretation of this fact is that productivity … differences across countries are larger in manufacturing than in services. The service sector comprises heterogeneous categories … negative income elasticity of relative prices, whereas the relative price of aggregate services is mostly driven by large …

platforms for pet-sitting services. We exploit variation in pre-merger market shares and a difference-in-differences approach to …

Two central topics in recent rounds of international trade negotiations have been environmental concerns, and services … trade. While each is undoubtedly important, they are unrelated. In this paper I show that the services-environment link is … small, for two reasons. First, services account for only a small fraction of overall pollution. For none of five major air …