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We use Adobe Analytics data on online transactions for millions of products in many different categories from 2014 to 2017 to shed light on how online inflation compares to overall inflation, and to gauge the magnitude of new product bias online. The Adobe data contain transaction prices and...
Persistent link: https://www.econbiz.de/10012918079
sold in 29 European, Asian, and North American markets via the Internet by Spain's second largest apparel manufacture … cross-country price variations of identical items purchased via the Internet by consumers who do not take advantage of … features prices across retail locations around the world, suggesting that variable mark-ups play a key role in accounting for …
Persistent link: https://www.econbiz.de/10013139751
bit more than half the world's countries experience declining CHB and rising TFP. The effects are big for the outliers. A …
Persistent link: https://www.econbiz.de/10013069388
Common wisdom dictates that uncertainty impedes trade—we show that uncertainty can fuel more trade in a simple general equilibrium trade model with information frictions. In equilibrium, increases in uncertainty increase both the mean and the variance in returns to exporting implying that...
Persistent link: https://www.econbiz.de/10012891335
We analyze a two-country model of trade in both legitimate and counterfeit products. Domestic firms own trademarks and establish reputations for delivering high-quality products in a steady-state equilibrium. Foreign suppliers export legitimate low-quality merchandise and counterfeits of...
Persistent link: https://www.econbiz.de/10013215713
Recent supply disruptions catapulted the issue of risk in global supply chains (GSCs) to the top of policy agendas and created the impression that shortages would have been less severe if GSCs were either shorter and more domestic, or more diversified. But is this right? We start our answer by...
Persistent link: https://www.econbiz.de/10013322216
This paper estimates the impact of the first nation-wide e-commerce expansion program on rural households. To do so, we combine a randomized control trial with new survey and administrative microdata. In contrast to existing case studies, we find little evidence for income gains to rural...
Persistent link: https://www.econbiz.de/10012925275
Digital labor markets are rapidly expanding and connecting companies and contractors on a global basis. We review the environment in which these markets take root, the micro- and macro-level studies of their operations, their ongoing evolution and recent trends, and perspectives for undertaking...
Persistent link: https://www.econbiz.de/10012956400
be attributed to a small number of widely distributed "hacks" that are available through the Internet, (b) the incidence …
Persistent link: https://www.econbiz.de/10013061688
We study e-commerce across 47 economies and 26 industries during the COVID-19 pandemic using aggregated and anonymized transaction-level data from Mastercard, scaled to represent total consumer spending. The share of online transactions in total consumption increased more in economies with...
Persistent link: https://www.econbiz.de/10013299325