Resource “Data”: Economic Benefits of Data Provision
Oliver Falck () and
Johannes Koenen ()
CESifo Forum, 2020, vol. 21, issue 03, 31-41
The importance of data for economic growth and development in Germany and Europe is undisputed. This study identifies various factors that may cause market failures for the good “data”. As a consequence, markets alone may not lead to efficient allocation of, optimal access to and sufficient participation in data that is collected and stored. At present, different market-based, political and regulatory efforts are being undertaken in this context: State intervention such as a right to data access is pursued in parallel with private sector solutions such as data trusts or platforms. Given the complex issues underlying potential market failures, competition between different solutions is welcome.
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
https://www.cesifo.org/DocDL/CESifo-Forum-2020-3-f ... source-september.pdf (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ces:ifofor:v:21:y:2020:i:03:p:31-41
Access Statistics for this article
CESifo Forum is currently edited by Chang Woon Nam
More articles in CESifo Forum from ifo Institute - Leibniz Institute for Economic Research at the University of Munich Contact information at EDIRC.
Bibliographic data for series maintained by Klaus Wohlrabe ().