Showing 1 - 10 of 2,231
This paper provides a nonmathematical introduction to the US economy's information processing ratio (R/C). This measure derived by Parker (2016-2019), was utilized to study the emergence of flash crashes, the evolution of the business cycle, and to provide an important new link connecting the...
Persistent link: https://www.econbiz.de/10012896989
How are OECD countries supporting digital innovation and ensuring that benefits spread across the economy? This paper explores the current landscape of strategies and initiatives implemented in OECD countries to support innovation in the digital age. It identifies common trends and differences...
Persistent link: https://www.econbiz.de/10012061233
toward these potential high-impact technologies and compare the state of cutting-edge innovation in Switzerland to other …
Persistent link: https://www.econbiz.de/10014506557
burden falls mainly on domestic consumers, not foreign firms. Third, by broadening the debate to consider the benefits …
Persistent link: https://www.econbiz.de/10012147307
case study of 500,000 firms based in Germany. Among others, we explore three dimensions of relational proximity: (1 …) Cognitive proximity is measured by the similarity between firms' website texts. (2) Organizational proximity is measured by … classifying the nature of the firms' relationships (business vs. non-business) using a text-based machine learning classification …
Persistent link: https://www.econbiz.de/10012842460
The United States championed the creation of new rules for the digital economy in TPP. Analyzing this effort as “digital megaregulation” foregrounds aspects that the conventional “digital trade” framing tends to conceal. On both accounts, TPP’s most consequential rules for the digital...
Persistent link: https://www.econbiz.de/10013242975
Leading jurisdictions around the world are debating whether the nature of data-driven digital markets and the smart technologies that enable these markets require a re-thinking of how antitrust law applies to digital markets. There are many aspects to consider in this discussion, relating both...
Persistent link: https://www.econbiz.de/10013312352
We assess the impact of internet connectivity and digital trade policies on trade and welfare. Using a bilateral measure of internet connectivity, we find a significant positive relationship between the internet and both domestic and international trade for goods and services---at the both the...
Persistent link: https://www.econbiz.de/10013322058
The power of today’s tech giants has prompted calls for changes in antitrust law and policy which, for decades, has been exceedingly permissive in merger enforcement and in constraining dominant firm conduct. Economically, the fear is that the largest digital platforms are so dominant and its...
Persistent link: https://www.econbiz.de/10014106904
Three out of nine of S&P500 digital platform companies stand out as building own artificial intelligence (AI) platforms. There is overwhelming empirical evidence of AI technologies are being central to running a digital platform business. However, the current research agenda is not directing...
Persistent link: https://www.econbiz.de/10012842220