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
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