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changes in the patterns of evolution of the market structure caused by Information and Communication Technologies (ICT) in the … E-conomy in comparison to the Old Economy (without ICT). The relationship between the two economy concepts can be summed …
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This paper models strategic interactions between a product supplier, a provider of information about product quality, and end users, in the context of road transportation. Using a game-theoretical analysis of suppliers' pricing strategies, we assess the social welfare effects of traffic...
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This paper is concerned with measuring and influencing the direction of technological change. First, it provides a comprehensive assessment of the factor bias of technological change using panel data from the World Input-Output Database (WIOD) for 25 EU countries from 1995 to 2009. We measure...
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member states from 1998 to 2007. We find that (a) the marginal impact of ICT capital is higher when it is complemented with …-calculated factor share. These findings suggest investments in knowledge-based capital, i.e., intangible capital, produce productivity …
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