Purpose The study aims to elaborate the author's basic viewpoints on how economics should view the Internet from four aspects. Design/methodology/approach This paper reviews the existing literature on this topic, and summarizes key findings and conclusions of these researches. Findings The...

A succinct exploration of business sustainability via an e-commerce platform was examined in the study. Its myth and reality permeate its adoption, use, and acceptability within the context of our economic, social, and environmental assumptions were also validated. To achieve its aim,...

Adverse selection induces economic limits to market substitution. If quality uncertainty persists in both internet and traditional marketplaces, a second-best equilibrium with parallel market segments may arise. Positive trade in parallel segments implies that the information cost advantage of...

The importance of digital platforms and related data-driven business models is ever increasing and poses challenges for the workability of competition in the respective markets (tendencies towards dominant platforms, paying-with-data instead of traditional money, privacy concerns, etc.). Due to...

This paper investigates the link between unemployment and external trade in Germany, using data on unemployment, international trade and economic activity for the 16 German federal states (Länder). With panel data econometrics we show that international trade as measured by state-wise trade...

Information and Communication Technologies (ICT) play a vital role in gaining and maintaining competitive advantage. In this study, we analyze twenty-two papers presented at the First International Conference on ICT Management for Global Competitiveness and Economic Growth in Emerging Economies...

ICT capital is an important driver of productivity growth. Using data from the EUKLEMS growth accounts, we show that ICT has made smaller contributions to labour productivity growth in the EU-15 than in the US, both at the macro level and at the level of individual sectors. At the same time,...

The process of technology diffusion is complex, and one should bear in mind that multiple both qualitative and quantitative elements may be claimed as its essential determinants. Insofar, voluminous theoretical and empirical literature has been issued where attempts of identification of the...

Surprisingly, little is known about the cross-country effect of information and communication technology (ICT) on wealth inequality. At the same time, there is some tentative evidence suggesting that information and communication technology is positively correlated with income inequality....