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This paper brings together two strands of the economic literature -- that on the finance-growth nexus and that on capital market integration -- and explores key issues surrounding each strand through both institutional/country histories and formal quantitative analysis. We begin with studies of...
Persistent link: https://www.econbiz.de/10012470401
and to what extent the Internet will affect the location of economic activity. Even after the very substantial … making agglomeration more important. We argue that the Internet will produce more of the same forces for deagglomeration, but …. This is not likely to be affected by the Internet, which allows long distance 'conversations' but not 'handshakes.' …
Persistent link: https://www.econbiz.de/10012470269
. The Internet promises to open new channels for worker-firm communications. What are the consequences of this opening? I …
Persistent link: https://www.econbiz.de/10012470777
There is a great deal of late bidding on internet second price auctions. We show that this need not result from either …
Persistent link: https://www.econbiz.de/10012471021
The rapid rise in sales over the Internet has generated debate over the taxation of such transactions since the buyers … the effects that local sales taxes have on Internet commerce. The results show that, controlling for many observable … characteristics, people who live in locations with high sales taxes are significantly more likely to buy things over the Internet. The …
Persistent link: https://www.econbiz.de/10012471949
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/10012453070
Computer and Internet use, especially in developing countries, has expanded rapidly in recent years. Even in light of … Internet penetration, both currently and over time, we examine panel data for 161 countries over the 1999-2004 period. We … factors associated with computer and Internet penetration do not differ substantially between developed and developing …
Persistent link: https://www.econbiz.de/10012466283
To identify the determinants of cross-country disparities in personal computer and Internet penetration, we examine a … significant in most specifications for computer use. A similar pattern holds true for Internet use, except that telephone density … differentials. For computers, telephone density and regulatory quality are of second and third importance, while for the Internet …
Persistent link: https://www.econbiz.de/10012468005
Much debate exists around the impact that illegal file sharing may have on the creative industries. Similarly, opinions differ regarding whether the producers of artistic works should be forced to accept any weakening of intellectual property rights resulting from illegal file sharing, or if...
Persistent link: https://www.econbiz.de/10012459512
Ad blockers allow Internet users to obtain information without generating ad revenue for site owners; and by 2016 they …
Persistent link: https://www.econbiz.de/10012455622