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E-commerce, R&D, and productivity: Firm-level evidence from Taiwan

Ting-Kun Liu, Jong-Rong Chen (), Cliff C.J. Huang and Chih-Hai Yang

Information Economics and Policy, 2013, vol. 25, issue 4, 272-283

Abstract: This study investigates the impact of e-commerce and R&D on productivity, using a unique panel dataset obtained from Taiwanese manufacturing firms for the period from 1999 to 2002. We specifically consider the network externalities of e-commerce and employ the system generalized method of moment (GMM) technique to deal with the endogenous problem of e-commerce adoption. The empirical results show that both e-commerce and R&D capital have a positive influence on productivity, while R&D exhibits a larger productivity-enhancing effect. We also find a complementary relationship between e-commerce and R&D on enhancing productivity. Crucially, the inter-industry network externality of e-commerce significantly contributes to productivity.

Keywords: Productivity; R&D spillovers; E-commerce; Network externalities (search for similar items in EconPapers)
JEL-codes: L60 O30 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (10)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:iepoli:v:25:y:2013:i:4:p:272-283

DOI: 10.1016/j.infoecopol.2013.07.001

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