We examine how one industry's productivity is affected by the IT capital of its customers and how this effect depends on industries' relative concentration. These customer-driven IT spillovers result from customers' IT investments in various information systems that reduce transaction costs...

In this research we model and estimate the effects on productivity downstream from information technology (IT) investments made upstream. Specifically, we examine how one industry's productivity is affected by the IT capital stock of its suppliers. These supplier-driven IT spillovers occur...

In this research we study how existing market coverage affects the outcome of the Internet channel entry game between an existing retailer and a new entrant. A market is not covered when some consumers with low reservation prices are priced out by existing retailers and do not purchase. In a...

Capacity is the maximum short run output with capital in place under normal operations, and capital investment increases capacity. Excess capacity can be used as an economic strategy for entry deterrence by lowering average costs over a greater range of output, and as an operations strategy...

The advent of digitalisation has radically transfigured the ASEAN Economic Community. While digitalisation affords a multitude of benefits, competition authorities and commentators have raised concerns regarding the risks that it poses for competition enforcement. In particular, it is widely...

We find that correlations between returns on stocks are small for firms with poor accounting information quality. Only undiversifiable risk is rewarded with a premium and the undiversifiable risk of a diversified portfolio increases with correlations between returns on its component stocks....