E-Commerce As a Potential New Engine for Growth in Asia /

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Bibliographic Details
Author / Creator:Kinda, Tidiane, author.
Imprint:[Washington, D.C.] : International Monetary Fund, [2019]
©2019
Description:1 online resource (30 pages) : illustrations
Language:English
Series:IMF Working Paper ; WP/19/135
IMF working paper ; WP/19/135.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/13513446
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Other authors / contributors:International Monetary Fund, issuing body.
ISBN:149832536X
9781498325363
Notes:Online resource; title from PDF title page (IMF, viewed September 4, 2020).
Summary:The use of e-commerce around the world has accelerated in recent years, with Asia, led by China, spearheading the rise. Using cross-country enterprise survey data, this paper shows that firms engaged in e-commerce have higher productivity and generate a larger share of their revenues from exports than other firms. This is particularly true in Asia, where firms have 30 percent higher productivity and generate about 50 percent more of their revenues from exports. The results presented in this paper are robust to the use of instrumental variables, which highlight possible larger effects of e-commerce on Asian productivity and exports when essential elements are in place for its effective use, such as reliable electricity, telecommunication, and transport infrastructure. Despite the rapid growth of e-commerce in recent years, gaps persist in digital infrastructure and legislation, preventing many Asian countries from fully reaping the potential benefits of e-commerce.
Other form:Print version: Kinda, Tidiane. E-Commerce As a Potential New Engine for Growth in Asia. Washington, D.C. : International Monetary Fund, ©2019 9781498317467