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This note revisits the conjecture that the use of broadband internet lowers transaction costs and thereby inflation. Using a macroeconomic panel of OECD countries, it roughly confirms previous findings reported by Yi and Choi (2005) by addressing conceptual and econometric issues.
Persistent link: https://www.econbiz.de/10011547933
to innovation and competition using data from the EBRD-WB Business Environment and Enterprise Performance Survey (BEEPS … competition and innovation have a simultaneous positive effect on labour productivity in terms of either sales or value added per …, exports, or population density. Innovation and foreign ownership appear to be the strongest drivers of multifactor …
Persistent link: https://www.econbiz.de/10011495228
Persistent link: https://www.econbiz.de/10003852145