nep-ict New Economics Papers
on Information and Communication Technologies
Issue of 2013‒08‒31
four papers chosen by
Walter Frisch
University Vienna

  1. Information technologies and subjective well-being: Does the internet raise material aspirations? By Lohmann, Steffen
  2. Is the information technology revolution over? By Stephen D. Oliner; Daniel E. Sichel; David M. Byrne
  3. Estimating the Value Obtained from Using a Software Service Platform By Netsanet Haile; Jorn Altmann
  4. Organizational Forms in the Knowledge Economy: A Comparative Institutional Analysis By Erkan Gürpinar

  1. By: Lohmann, Steffen
    Abstract: This paper examines whether access to modern information technologies, in particular the internet, has an impact on invididual positionality - meaning the degree to which subjective well-being is affected by income relative to others rather than absolute income. We provide empirical evidence that positionality and internet access are intertwined. Exploiting variation over time in a panel of European households, we find stated material aspirations to be significantly positively related to computer access in areas with advanced internet infrastructure. Furthermore, we report cross-sectional evidence from the World Values Survey suggesting an indirect negative effect of internet access on subjective well-being since people who regularly use the internet as a source of information derive less satisfaction from income. Together, the empirical findings highlight the importance of information sets for how individuals evaluate own living conditions relative to others and suggests a vital role for informational globalisation to affect positionality. --
    Keywords: subjective well-being,positionality,relative income,informational globalisation
    JEL: D03 I31
    Date: 2013
  2. By: Stephen D. Oliner (American Enterprise Institute); Daniel E. Sichel; David M. Byrne
    Abstract: Given the slow growth of labor productivity in recent years, some have argued that the boost from information technology may have run its course.  Our analysis points to a less pessimistic conclusion.  While projections of economic developments are always difficult, our judgment is that "No, the IT revolution is not over."
    Keywords: productivity growth,Information technology,AEI Economic Policy Working Paper Series
    JEL: A
    Date: 2013–03
  3. By: Netsanet Haile (College of Engineering, Seoul National University); Jorn Altmann (College of Engineering, Seoul National University)
    Abstract: Service markets allow users to discover, purchase, and utilize services offered on a specific platform. As service platforms grow in number of users and variety of offerings, it raises the question of whether this phenomenon continues to benefit users. Based on a literature review, the paper identifies usability, service variety, and the number of personal connections accessible over the service platform as major determinants that contribute to the value to users. Based on survey data on the behavior of mobile service users, the relationship between user value and the determinants is analyzed and estimated. The results show positive correlations between all three determinants and the value. Using regressions, we estimate how much these determinates contribute to the user value. Mobile service users are satisfied with the usability of services of their chosen platforms, although the impact on the user value is the lowest. Users benefit the most from an increase in the number of their personal connections and the number of services they use.
    Keywords: Network Effect Theory, UTAUT, Value Creation, Service Platforms, Survey, Multiple Regression.
    JEL: C13 C42 C51 C88 D46 L86 M15 M21 O32
    Date: 2013–08
  4. By: Erkan Gürpinar
    Abstract: This paper attempts to provide an analytical framework to analyze organizational forms in the knowledge economy. We first outline some historical trends that have transformed the organization of production over the last few decades. We show that this transformation has taken place not only in the realm of intellectual property rights (IPRs) regime, but also in technology. Finally, by recourse to a formal model, we study the determinants of the distribution of alternative institutional arrangements in this new environment. We argue that organizational ecology is mainly determined by knowledge network effects, and complementarities between IPRs and technology.
    Keywords: Institutional complementarities, Organizational forms, Technology, Intellectual property rights
    JEL: K11 L23 O34
    Date: 2013–07

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