nep-ict New Economics Papers
on Information and Communication Technologies
Issue of 2023‒01‒09
eleven papers chosen by
Marek Giebel
Universität Dortmund

  1. Epidemic exposure, financial technology, and the digital divide By Saka, Orkun; Eichengreen, Barry; Aksoy, Cevat Giray
  2. What drives the relationship between digitalization and industrial energy demand? Exploring firm-level heterogeneity By Axenbeck, Janna; Berner, Anne; Kneib, Thomas
  3. The Impact of ICT and Robots on Labour Market Outcomes of Demographic Groups in Europe By Albinowski, Maciej; Lewandowski, Piotr
  4. Breathe Easy, There's an App for That: Using Information and Communication Technology to Avoid Air Pollution in Bogotá By Blackman, Allen; Hoffmann, Bridget
  5. The Economic Consequences of IT By Bayoumi, Tamim; Barkema, Jelle
  6. Social Media Influence Mainstream Media: Evidence from Two Billion Tweets By Julia Cagé; Nicolas Hervé; Béatrice Mazoyer
  7. LIVE AND DIGITAL ENGAGEMENT WITH THE VISUAL ARTS By Victoria Ateca-Amestoy; Concetta Castiglione
  10. An Action Research on a French Law Firm: Solutions for a Law Firm With IT Post-Adoption By Min Feng; Driss Bourazzouq
  11. Deployment Paths of ATIS: Impact on Commercial Vehicle Operations, Private Sector Providers and the Public Sector By Regan, Amelia C.; Golob, Thomas F.

  1. By: Saka, Orkun; Eichengreen, Barry; Aksoy, Cevat Giray
    Abstract: We ask whether epidemic exposure leads to a shift in financial technology usage and who participates in this shift. We exploit a dataset combining Gallup World Polls and Global Findex surveys for some 250,000 individuals in 140 countries, merging them with information on the incidence of epidemics and local 3G internet infrastructure. Epidemic exposure is associated with an increase in remote-access (online/mobile) banking and substitution from bank branch-based to ATM activity. Heterogeneity in response centers on the age, income and employment of respondents. Young, high-income earners in full-time employment have the greatest tendency to shift to online/mobile transactions in response to epidemics. These effects are larger for individuals with better ex ante 3G signal coverage, highlighting the role of the digital divide in adaption to new technologies necessitated by adverse external shocks.
    Keywords: epidemics,fintech,banking
    JEL: G20 G59 I10
    Date: 2021
  2. By: Axenbeck, Janna; Berner, Anne; Kneib, Thomas
    Abstract: The ongoing digital transformation has raised hopes for ICT-based climate protection within manufacturing industries, such as dematerialized products and energy efficiency gains. However, ICT also consume energy as well as resources, and detrimental effects on the environment are increasingly gaining attention. Accordingly, it is unclear whether trade-offs or synergies between the use of digital technologies and energy savings exist. Our analysis sheds light on the most important drivers of the relationship between ICT and energy use in manufacturing. We apply flexible tree-based machine learning to a German administrative panel data set including more than 25,000 firms. The results indicate firm-level heterogeneity, but suggest that digital technologies relate more frequently to an increase in energy use. Multiple characteristics, such as energy prices and firms' energy mix, explain differences in the effect.
    Keywords: digital technologies,energy use,manufacturing,machine learning
    JEL: C14 D22 L60 O33 Q40
    Date: 2022
  3. By: Albinowski, Maciej (Institute for Structural Research (IBS)); Lewandowski, Piotr (Institute for Structural Research (IBS))
    Abstract: We study the age- and gender-specific labour market effects of two key modern technologies, Information and Communication Technologies (ICT) and robots, in 14 European countries between 2010 and 2018. To identify the causal effects of technology adoption, we utilise the variation in technology adoption between industries and apply the instrumental variables strategy proposed by Acemoglu and Restrepo (2020). We find that the exposure to ICT and robots increased the shares of young and prime-aged women in employment and the wage bills of particular sectors, but reduced the shares of older women and prime-aged men. The adverse effects were particularly pronounced for older women in cognitive occupations, who had relatively low ICT-related skills; and for young men in routine manual occupations, who experienced substitutions by robots. Between 2010 and 2018, the growth in ICT capital played a much larger role than robot adoption in the changes in the labour market outcomes of demographic groups.
    Keywords: technological change, automation, ICT, robots, employment, wages, Europe
    JEL: J24 O33 J23
    Date: 2022–11
  4. By: Blackman, Allen; Hoffmann, Bridget
    Abstract: Ambient air pollution is a leading cause of death in developing countries. In theory, using smartphone apps, text messages, and other personal information and communication technologies to disseminate real-time information about such pollution can boost avoidance behavior like wearing face masks and closing windows. Yet evidence on their effectiveness is limited. We conduct a randomized controlled trial to evaluate the impact of training university students in Bogotá, Colombia to use a newly available municipal government smartphone app that displays real-time information on air quality. The training increased participants acquisition of information about air quality, their knowledge about avoidance behavior, and their actual avoidance behavior. It also enhanced their concern about other environmental issues. These effects were moderated by participants characteristics. For example, the training was generally less effective among job holders.
    Keywords: air pollution; Colombia; information; randomized controlled trial; experiment; smartphone application
    JEL: Q53 Q56 Q58 I15
    Date: 2021–11
  5. By: Bayoumi, Tamim; Barkema, Jelle
    Abstract: The IT revolution, underway since around 1980, has featured mediocre growth and rising geographic, educational, and generational inequality. This stands in stark contrast to the broad prosperity and convergence experienced in the 1950s and 1960s. We attribute this change to a swivel in the leading edge of productivity growth away from manufacturing largely present in towns to information technology mainly housed in “superstar” cities. Using a spatial model, we show how this can explain: rising prosperity and rapid housing inflation in “superstar” cities; falling relative wages in towns and the countryside; mediocre aggregate productivity due to increasing misallocation of labor; the loss of manufacturing jobs, especially in cities; and falling migration.
    Date: 2022–12–09
  6. By: Julia Cagé (ECON - Département d'économie (Sciences Po) - Sciences Po - Sciences Po - CNRS - Centre National de la Recherche Scientifique, CEPR - Center for Economic Policy Research - CEPR); Nicolas Hervé (INA - Institut National de l'Audiovisuel); Béatrice Mazoyer (INA - Institut National de l'Audiovisuel, médialab - médialab (Sciences Po) - Sciences Po - Sciences Po)
    Abstract: Social media are increasingly influencing society and politics, despite the fact that legacy media remain the most consumed source of news. In this paper, we study the propagation of information from social media to mainstream media, and investigate whether news editors' editorial decisions are influenced by the popularity of news stories on social media. To do so, we build a novel dataset including around 70% of all the tweets produced in French between August 2018 and July 2019 and the content published online by 200 mainstream media outlets. We then develop novel algorithms to identify and link events on social and mainstream media. To isolate the causal impact of popularity, we rely on the structure of the Twitter network and propose a new instrument based on the interaction between measures of user centrality and "social media news pressure" at the time of the event. We show that the social media popularity of a story increases the coverage of the same story by mainstream media. This effect varies depending on the media outlets' characteristics, in particular on whether they use a paywall. Finally, we investigate consumers' reaction to a surge in social media popularity. Our findings shed new light on news production decisions in the digital age and the welfare effects of social media.
    Keywords: Internet, Information spreading, News editors, Network analysis, Social media, Twitter, Text analysis
    Date: 2022–07–30
  7. By: Victoria Ateca-Amestoy (Department of Fundamentos del Análisis Económico II, University of the Basque Country, Bilbao (Spain)); Concetta Castiglione (Department of Economics, Statistics and Finance 'Giovanni Anania', University of Calabria, Rende (Italy))
    Abstract: This work, using data from the USA 2012 Survey of Public Participation in the Arts, explores visual arts consumptions through both onsite attendance at museums and electronic and digital media. By estimating both multinomial logit and recursive bivariate probit models, direct and indirect effects for the alternative forms of digital participation are obtained. Results show that there is a trade-off between internet consumption and onsite visits. Visiting museums and art galleries has a positive impact on the digital access to visual arts, both through handheld and mobile devices and via the internet, whilst the same impact is not found for internet access on museum attendance.
    Keywords: Cultural participation, digital engagement, live and online museum visits, handheld or mobile devices, internet
    JEL: C55 D12 Z11
    Date: 2022–12
  8. By: Hua, Tan Kian
    Abstract: Before starting an introduction to our book’s subject, talking about how business leaders and ordinary users of modern ICT should respond to experienced and novice hackers’ devastating attacks, we would like to remind the history and evolution of communications development. It is well known that communication between people began when two persons, Adam and Eve, appeared. However, information transfer technologies appeared much later when the need arose for human communities to communicate and transfer information at a distance.
    Date: 2021–01–01
  9. By: Priscilla Oyebola Bello
    Abstract: It is a crystal clear fact that Nigeria is plagued with so many investment challenges and has a long way to go in the application of Information Technology in the real estate sector. Some of these challenges include and are not limited to inadequate land titling and cadastral survey, ineffective real estate financing, insurgency, widespread corruption and a collapsing economy. Nevertheless, there has been an increased investment appetite in the Nigerian Real Estate Market in recent years. Also, it is a well-known fact that technology is an integral part of life that has changed various traditional business models and industries. Hence, the Real estate industry is no exception, as Information Technology is changing the way the industry and the market operate. In this regard, one of the aspects of technology that one cannot overlook is the Metaverse. The concept of the Metaverse is gaining acceptance in the developed world, and every real estate investor should be introduced to what this is all about, why it is gaining popularity, and how it operates. Hence, this paper aims to provide an introduction to property investment and the Metaverse with the objective of evaluating the readiness of the Nigerian Real estate investment market to operate in the Metaverse.
    JEL: R3
    Date: 2022–01–01
  10. By: Min Feng (Laboratoire de Recherche Magellan - UJML - Université Jean Moulin - Lyon 3 - Université de Lyon - Institut d'Administration des Entreprises (IAE) - Lyon, UJML - Université Jean Moulin - Lyon 3 - Université de Lyon); Driss Bourazzouq (Université Paris-Saclay, UVSQ, Université Paris-Saclay, LAREQUOI - Laboratoire de recherche en Management - UVSQ - Université de Versailles Saint-Quentin-en-Yvelines)
    Abstract: This study qualitatively analyzes interactional coping strategies used to manage technostress in the post-adoption stage of information technology implementation at a French legal firm. The nine strategies are participatory, collaborative, conflict resolution, bureaucratic coping (adaptation), perceived contribution to exchange, loyalty, affect, professional respect, and mutual trust. A critical perspective was applied to a longitudinal study of the intervention process. First, a problem with task distribution at the individual level affected the efficacy of perceived contribution strategies to exchange and professional enhancement. Second, a lack of creative interaction between group level colleagues undermined strategies of collaboration, mutual aid and assistance, participatory adaptation, and mutual trust. Third, a lack of digitalization commitment at the organizational level negatively affected conflict resolution and bureaucratic adjustment. Finally, an absence of loyalty and affect strategies was evident.
    Keywords: cooping with management challenges in law firms,Expectation-Confirmation Theory,Information Technology in strategical management,strategical management of numerical tools in law firms,Longitudinal Study,digital Post-Adoption Stages,Research Intervention,Technostress,Digitalization strategies
    Date: 2021
  11. By: Regan, Amelia C.; Golob, Thomas F.
    Abstract: Most studies of the economic benefits of Advanced Traveler Information Systems (ATIS) have focused on the passenger transportation market. Few analyses have addressed the applications of ATIS to freight operations even though using ATIS to route or divert commercial vehicles can make a significant improvement in overall traffic flow and system performance. In this study, multivariate demand models were estimated based on large-scale surveys of commercial vehicle operators in California to determine the current use and perceptions of advanced information technologies, especially advanced traveler information systems (ATIS), among these firms. Data were used to identify organizational and operational characteristics that made these technologies more or less attractive, and to predict potential adoption of the technologies by carrier type. Many characteristics proved influential including company size, type and location of operation, length of load moves, provision of intermodal service and private versus for-hire status. A secondary goal was to explore the extent to which new logistics intermediaries, especially "infomediaries" are likely to develop advanced information technologies for the freight industry. Private sector providers of ATIS have not lived up to earlier expectations. While there still may be a significant future role for private sector involvement in providing this type of information, for now the burden appears to fall primarily on state and local transportation agencies.
    Keywords: Engineering, Commercial vehicle operators, Advanced traveler information systems, Advanced driver information systems
    Date: 2022–12–22

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