In this article, we present a new perspective on forecasting technology adoption, focused on the extensive margin of adoption of multiple digital technologies in multiple countries. We do this by applying a Bayesian hierarchical structure to the seminal model of technology diffusion. After...

Based on a novel dataset constructed with the supplier-consumer paired sample, this paper uses a difference-in-differences approach to evaluate the impact of national high-tech zones on firm performance. We find that the supplier's sales growth rate increased by about 61.35% after the approval...

Since 2021, vaccinations for Coronavirus Disease 2019 (COVID-19) are more and more a health policy to cope with on-going pandemic crisis. Is this policy response enough to stop the diffusion of novel coronavirus and reduce the negative impact in society? The goal of this study here is to...

This research shows that linguistic differences can obstruct the diffusion of technology and contribute to disparities in living standards between countries. I use a new measure of lexical similarity known as the normalized Levenshtein distance to show that lexical distances closely track...

This paper presents an inferential approach for the influential-imitator dynamics, a broadly accepted extension of the traditional Bass model, for cases in which the population has two segments: influentials (who influence each other) and imitators (whose choices are affected by the ones of...

There are many public blockchains with various levels of success when it comes to sustained user adoption. This paper investigates whether some blockchains are more likely to dominate others in the long-run, i.e., whether there are "winner-takes-it-all" dynamics or whether a blockchain's...

The importance of new technologies derives from the fact that they spread across many different users and uses, as well as different geographic regions. The diffusion of technological improvements, across producers within a country and across international borders, is critical for long run...

This paper proposed a framework of blockchain peer to peer (P2P) energy sharing and several business models based on smart contracts to accelerate the market diffusion of distributed photovoltaics (DPV). To analyze the effects of business models, an evolutionary game theory based multi-agent...

I study how trade liberalization, or more specifically, WTO accession by China in 2001, affects industry dynamics: entry, exit, and innovation in China. Using various identification strategies (DDD, IV, DD), I find that the trade liberalization has the following causal impacts: (1) in the short...