Digital Economics

Avi Goldfarb and Catherine Tucker

Journal of Economic Literature, 2019, vol. 57, issue 1, 3-43

Abstract: Digital technology is the representation of information in bits. This technology has reduced the cost of storage, computation, and transmission of data. Research on digital economics examines whether and how digital technology changes economic activity. In this review, we emphasize the reduction in five distinct economic costs associated with digital economic activity: search costs, replication costs, transportation costs, tracking costs, and verification costs.

JEL-codes: D24 D83 L86 O33 R41 (search for similar items in EconPapers)
Date: 2019
Note: DOI: 10.1257/jel.20171452
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (76)

Downloads: (external link)
https://www.aeaweb.org/doi/10.1257/jel.20171452 (application/pdf)
https://www.aeaweb.org/articles/attachments?retrie ... Epxc9NKigVXfevHdRlwr (application/zip)
Access to full text is restricted to AEA members and institutional subscribers.

Related works:
Working Paper: Digital Economics (2017)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aea:jeclit:v:57:y:2019:i:1:p:3-43

Ordering information: This journal article can be ordered from
https://www.aeaweb.org/journals/subscriptions

Access Statistics for this article

Journal of Economic Literature is currently edited by Steven Durlauf

More articles in Journal of Economic Literature from American Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Michael P. Albert ().