publication . Article . 2004

What impact will E-commerce have on the U.S. economy?

Jonathan L. Willis;
Open Access
  • Published: 01 Jan 2004
Abstract
In recent years, e-commerce has emerged as the fastest growing sector of the U.S. marketplace. Despite the contraction in the high-tech industry during the recent recession, firms have continued to enter and expand their presence in e-commerce, and consumers have increased the number of purchases made online. E-commerce currently represents a very small share of overall commerce, but it is expected to continue to expand rapidly in coming years. As e-commerce grows, so will its impact on the overall economy. ; The primary route by which e-commerce will affect the economy at large is through its impact on productivity and inflation. Businesses and consumers that u...
Subjects
ACM Computing Classification System: ComputingMilieux_COMPUTERSANDSOCIETY
free text keywords: Electronic commerce ; Productivity
25 references, page 1 of 2

Bakos, Yannis. 2001. “The Emerging Landscape for Retail E-Commerce,” Journal of Economic Perspectives, Winter. [OpenAIRE]

Bils, Mark, and Peter Klenow. 2002. “Some Evidence on the Importance of Sticky Prices,” NBER Working Paper 9060.

Brown, Jeffrey, and Austan Goolsbee. 2002. “Does the Internet Make Markets More Competitive? Evidence from the Life Insurance Industry,” Journal of Political Economy, June. [OpenAIRE]

Brynjolfsson, Erik, and Michael Smith. 2000. “Frictionless Commerce? A Comparison of Internet and Conventional Retailers,” Management Science, April.

Department of Commerce. 2004a. “2002 E-commerce Multi-sector Report.”

__________. 2004b. “Retail 4Q, 2003 E-commerce Report.”

__________. 2003. “2001 E-commerce Multi-sector Report.”

__________. 2002. “A Nation Online: How Americans Are Expanding Their Use of the Internet.”

The Economist. 2000. “Internet Economics: A Thinker's Guide,” April 1.

eMarketer. 2003. “North America E-Commerce: B2B and B2C,” at www.marketresearch.com, May.

Fine, Charles, and Daniel Raff. 2001. “Automotive Industry: Internet-Driven Innovation and Economics Performance,” in Robert Litan and Alice Rivlin, eds., The Economic Payoff from the Internet. Washington, D.C.: Brookings Institution Press.

Forrester Research. 2003. “US eCommerce Overview: 2003 to 2008,” at www.forrester.com, July.

Gordon, Robert. 2004. “Five Puzzles in the Behavior of Productivity, Investment, and Innovation,” in Klaus Schwab and Xavier Sala-I-Martin, eds., Global Competitiveness Report, 2003-2004. Oxford: Oxford University Press.

Hall, Robert. 2001. Digital Dealing: How E-Markets Are Transforming the Economy. New York: W. W. Norton & Company.

IDC. 2004. “Worldwide Internet Usage and Commerce 2004-2007 Forecast: Internet Commerce Market Model Version 9.1,” at www.idc.com, January.

25 references, page 1 of 2
Powered by OpenAIRE Open Research Graph
Any information missing or wrong?Report an Issue