Showing 1 - 10 of 3,972
This paper examines the evolution of firm mark-ups across 26 countries for the period 2001-14. It also discusses and investigates empirically how this can be related to the degree of digital transformation in sectors. Four main facts emerge: i) mark-ups are increasing over the period, on average...
Persistent link: https://www.econbiz.de/10011911458
We investigate whether the relationship between competition and risk varies across different types of Japanese banks … Cooperative banks) with a regional focus The relationship between competition and risk also varies across bank types based on … different initial levels of risk. Iincreasing competition appears to reduce the risk of (City) banks with higher initial levels …
Persistent link: https://www.econbiz.de/10013133513
We estimate a structural vector autoregressive model in order to quantify four main explanations for the decline of the US labor income share: (i) rising market power of firms, (ii) falling market power of workers, (iii) higher investmentspecific technology growth, and (iv) the widespread...
Persistent link: https://www.econbiz.de/10012214393
The IBM PC was the first digital computer platform that was open by as a matter of strategy, not necessity. The purpose of this chapter is to understand the IBM PC as a technical system and set of organization choices in light of the theory of how technology shapes organizations. In Chapter 7, I...
Persistent link: https://www.econbiz.de/10012052723
The monopolistic competition model is suitable for markets with a large group of relatively small firms. However, it … large number of products. Such a market structure would require a full-fledged oligopolistic competition model, which is the … utility function. In contrast to other oligopolistic competition models with multiproduct firms, the model in this paper has …
Persistent link: https://www.econbiz.de/10014120694
, competition and efficient reallocation of labour and capital. Finally, we show that there are important complementarities between …
Persistent link: https://www.econbiz.de/10011914205
This paper examines the ongoing debate about whether digital innovations are an opportunity or a risk for employment in advanced economies. The main frameworks of analysis and the stylised fact of the employment effect of technological progress are explained before presenting the most recent...
Persistent link: https://www.econbiz.de/10012982237
Global GDP growth has been propelled by two key factors over the past 50 years: growth of the size of the overall labor force, which doubled in the G20 countries as a result of brisk population growth, and rising productivity. Over the next half century, from 2014-2064, as a result of declining...
Persistent link: https://www.econbiz.de/10012982255
The productivity-enhancing effects of digitalisation have generated increased interest in the promotion of digital technologies. This report provides different estimations for euro area countries of the impact of digital uptake on productivity at firm level, showing that the adoption of digital...
Persistent link: https://www.econbiz.de/10014479720
Is digitalisation a massive gamechanger which will deliver huge gains in productivity, or is it more of a sideshow with only limited impacts? We use a large balance sheet panel dataset comprising more than 19 million European firm-level observations to empirically investigate the impact of...
Persistent link: https://www.econbiz.de/10014230393