Information Technology and Returns to Scale

被引：1

作者：

Lashkari, Danial ^{[1
]}

Bauer, Arthur ^{[2
]}

Boussard, Jocelyn ^{[2
]}

机构：

[1] Fed Reserve Bank New York, New York, NY 10045 USA

[2] CREST ENSAE, Paris, France

来源：

AMERICAN ECONOMIC REVIEW | 2024年 / 114卷 / 06期

关键词：

UNITED-STATES; LABOR SHARE; PRODUCTIVITY; ORGANIZATION; ELASTICITY; COMPUTERS; KNOWLEDGE; DECLINE; DEMAND; GROWTH;

D O I：

10.1257/aer.20220522

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

What are the implications of the dramatic fall in IT prices for aggregate technology? When firm-level technologies are continuously differentiable , a factor price shock leads to ( i ) a substitution between factors and / or ( ii ) an endogenous response of returns to scale. The second channel is governed by the output elasticity of relative factor demand. Using detailed firm-level data from France , we estimate this elasticity to be positive for IT factor demand. A quantitative exercise accounting for both technological channels shows that falling IT prices can explain much of the changes in concentration and the composition of aggregate labor share in France. ( JEL D22, D24, D33, E25, L63, L86 )

引用

页码：1769 / 1815

页数：47

共 50 条

[1] Returns to Information Technology Outsourcing
Han, Kunsoo
Kauffman, Robert J.
Nault, Barrie R.
[J]. INFORMATION SYSTEMS RESEARCH, 2011, 22 (04) : 824 - 840
[2] TECHNOLOGY TRANSFER UNDER RETURNS TO SCALE
Sen, Debapriya
Stamatopoulos, Giorgos
[J]. MANCHESTER SCHOOL, 2009, 77 (03): : 337 - 365
[3] Bipartite conflict networks with returns to scale technology
Jiao, Qian
Shen, Bo
Sun, Xiang
[J]. JOURNAL OF ECONOMIC BEHAVIOR & ORGANIZATION, 2019, 163 : 516 - 531
[4] Research report: Increasing returns to information technology
Kudyba, S
Diwan, R
[J]. INFORMATION SYSTEMS RESEARCH, 2002, 13 (01) : 104 - 111
[5] A method to measure the accounting abnormal returns of large-scale information technology investments: the case of enterprise systems
Dorantes, Carlos A.
Clark, Jan G.
[J]. AMCIS 2010 PROCEEDINGS, 2010,
[6] CHARACTERISTICS OF DEFINING HYPERPLANES OF CONSTANT RETURNS TO SCALE TECHNOLOGY IN DEA
Sohraiee, Sevan
[J]. ICINCO 2010: PROCEEDINGS OF THE 7TH INTERNATIONAL CONFERENCE ON INFORMATICS IN CONTROL, AUTOMATION AND ROBOTICS, VOL 1, 2010, : 65 - 73
[7] INFORMATION TECHNOLOGY AND ITS IMPACT ON STOCK RETURNS AND TRADING VOLUME
Benzion, Uri
Tavor, Tchai
Yagil, Joseph
[J]. INTERNATIONAL JOURNAL OF FINANCE & ECONOMICS, 2010, 15 (03) : 247 - 262
[8] Real-time decentralized information processing and returns to scale
Timothy Van Zandt
Roy Radner
[J]. Economic Theory, 2001, 17 : 545 - 575
[9] Real-time decentralized information processing and returns to scale
Van Zandt, T
Radner, R
[J]. ECONOMIC THEORY, 2001, 17 (03) : 545 - 575
[10] How Human Resource and Information Systems Practices Amplify the Returns on Information Technology Investments
Tafti, Ali
Rahmati, Pouya
Mithas, Sunil
Krishnan, M. S.
[J]. JOURNAL OF THE ASSOCIATION FOR INFORMATION SYSTEMS, 2022, 23 (05): : 1150 - 1183

← 1 2 3 4 5 →