L8 - Industry Studies: Services - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T14:06:31+00:00Flagship Entry in Online Marketplaces
https://www.bankofcanada.ca/2023/08/staff-working-paper-2023-41/
In this paper, we empirically study how flagship entry in an online marketplace affects consumers, the platform, and various sellers on the platform. We find flagship entry may benefit consumers by expanding the choice set, by intensifying price competition within the entry brand, and by improving consumer perception for parts of the platform.2023-08-15T11:52:26+00:00enFlagship Entry in Online Marketplaces2023-08-15Economic modelsMarket structure and pricingStaff Working Paper 2023-41https://www.bankofcanada.ca/wp-content/uploads/2023/08/swp2023-41.pdfFlagship Entry in Online MarketplacesGinger Zhe JinZhentong LuXiaolu ZhouLu FangAugust 2023DD4LL1L8Measuring the Effectiveness of Salespeople: Evidence from a Cold-Drink Market
https://www.bankofcanada.ca/2021/08/staff-working-paper-2021-40/
Salespeople are widely employed in many industries. We leverage a unique data set on retail sales from a leading Chinese cold-drink manufacturer and information on the firm’s salespeople assignment rule to measure the causal effect of salespeople on product revenue.2021-08-20T09:49:47+00:00enMeasuring the Effectiveness of Salespeople: Evidence from a Cold-Drink Market2021-08-20Labour marketsService sectorStaff Working Paper 2021-40https://www.bankofcanada.ca/wp-content/uploads/2021/08/swp2021-40.pdfHaofeng JinZhentong LuAugust 2021LL8L81MM3M5The Effects of Government Licensing on E-commerce: Evidence from Alibaba
https://www.bankofcanada.ca/2021/07/staff-working-paper-2021-32/
How does government licensing affect selling on online platforms? We examine the impact of China’s 2015 Food Safety Law on sellers and buyers on Alibaba, the largest e-commerce platform in that country.2021-07-05T08:42:01+00:00enThe Effects of Government Licensing on E-commerce: Evidence from Alibaba2021-07-05Market structure and pricingRecent economic and financial developmentsStaff Working Paper 2021-32https://www.bankofcanada.ca/wp-content/uploads/2021/07/swp2021-32.pdfThe Effects of Government Licensing on E-commerce: Evidence from AlibabaGinger Zhe JinZhentong LuXiaolu ZhouChunxiao LiJuly 2021DD8D82KK2K23LL5L8L81Overlooking the online world: Does mismeasurement of the digital economy explain the productivity slowdown?
https://www.bankofcanada.ca/2021/05/staff-analytical-note-2021-10/
Since the mid-2000s, labour productivity has slowed down in Canada despite enormous technological advances that were expected to improve it. This note investigates whether mismeasurement of the digital economy can explain this paradox.2021-05-25T12:04:35+00:00enOverlooking the online world: Does mismeasurement of the digital economy explain the productivity slowdown?2021-05-25Distributional Effects of Payment Card Pricing and Merchant Cost Pass-through in Canada and the United States
https://www.bankofcanada.ca/2021/02/staff-working-paper-2021-8/
Although credit cards are more expensive for merchants to accept than cash or debit cards, merchants typically pass through their costs evenly to all customers. Along with consumer card rewards and banking fees, this creates cross-subsidies between payment methods. Because higher-income individuals tend to use credit cards more than those with lower incomes, our results indicate that these cross-subsidies might lead to regressive distributional effects.2021-02-05T10:29:38+00:00enDistributional Effects of Payment Card Pricing and Merchant Cost Pass-through in Canada and the United States2021-02-05Bank notesFinancial institutionsFinancial servicesMarket structure and pricingPayment clearing and settlement systemsStaff Working Paper 2021-8https://www.bankofcanada.ca/wp-content/uploads/2021/02/swp2021-8.pdfDistributional Effects of Payment Card Pricing and Merchant Cost Pass-through in Canada and the United StatesMarie-Hélène FeltFumiko HayashiJoanna StavinsAngelika WelteFebruary 2021DD1D12D2D23D3D31EE4E42GG2G21LL8L81Technology Adoption in Input-Output Networks
https://www.bankofcanada.ca/2019/12/staff-working-paper-2019-51/
We study how input-output networks affect the speed of technology adoption. In particular, we model the decision to adopt the programming language Python 3 by software packages. Python 3 provides advanced features but is not backward compatible with Python 2, which implies it comes with adoption costs.2019-12-23T15:39:25+00:00enTechnology Adoption in Input-Output Networks2019-12-23Economic modelsFirm dynamicsProductivityStaff Working Paper 2019-51https://www.bankofcanada.ca/wp-content/uploads/2019/12/swp2019-51.pdfTechnology Adoption in Input-Output NetworksXintong HanLei XuDecember 2019CC6C61LL2L23L8L86OO1O14O3O33Amazon Effects in Canadian Online Retail Firm-Product-Level Data
https://www.bankofcanada.ca/2019/10/staff-working-paper-2019-42/
I use firm-product-level data for Canadian online retailers to study how product scope (the average number of product categories per firm) evolved from 1999 to 2012. During this period, product scope dropped monotonically from 59 to 5 product categories.2019-10-02T14:34:41+00:00enAmazon Effects in Canadian Online Retail Firm-Product-Level Data2019-10-02Firm dynamicsService sectorStaff Working Paper 2019-42https://www.bankofcanada.ca/wp-content/uploads/2019/10/swp2019-42.pdfAmazon Effects in Canadian Online Retail Firm-Product-Level DataAlex ChernoffOctober 2019DD2D22LL1L11L8L81Exchange Rates, Retailers, and Importing: Theory and Firm-Level Evidence
https://www.bankofcanada.ca/2019/09/staff-working-paper-2019-34/
We develop a model with firm heterogeneity in importing and cross-border shopping among consumers. Exchange-rate appreciations lower the cost of imported goods, but also lead to more cross-border shopping; hence, the net impact on aggregate retail prices and sales is ambiguous.2019-09-06T16:57:05+00:00enExchange Rates, Retailers, and Importing: Theory and Firm-Level Evidence2019-09-06Exchange ratesInternational topicsService sectorStaff Working Paper 2019-34https://www.bankofcanada.ca/wp-content/uploads/2019/09/swp2019-34.pdfExchange Rates, Retailers, and Importing: Theory and Firm-Level EvidenceAlex ChernoffPatrick AlexanderSeptember 2019FF1F10F14LL8L81Explaining the Interplay Between Merchant Acceptance and Consumer Adoption in Two-Sided Markets for Payment Methods
https://www.bankofcanada.ca/2019/08/staff-working-paper-2019-32/
Recent consumer and merchant surveys show a decrease in the use of cash at the point of sale. Increasingly, consumers and merchants have access to a growing array of payment innovations as substitutes for cash.2019-08-27T15:45:06+00:00enExplaining the Interplay Between Merchant Acceptance and Consumer Adoption in Two-Sided Markets for Payment Methods2019-08-27Bank notesDigital currencies and fintechEconometric and statistical methodsFinancial servicesStaff Working Paper 2019-32https://www.bankofcanada.ca/wp-content/uploads/2019/08/swp2019-32.pdfExplaining the Interplay Between Merchant Acceptance and Consumer Adoption in Two-Sided Markets for Payment MethodsKim HuynhGradon NichollsOleksandr ShcherbakovAugust 2019CC5C51LL1L13L15L8L81L9L96Inference in Games Without Nash Equilibrium: An Application to Restaurants’ Competition in Opening Hours
https://www.bankofcanada.ca/2018/12/staff-working-paper-2018-60/
This paper relaxes the Bayesian Nash equilibrium (BNE) assumption commonly imposed in empirical discrete choice games with incomplete information. Instead of assuming that players have unbiased/correct expectations, my model treats a player’s belief about the behavior of other players as an unrestricted unknown function. I study the joint identification of belief and payoff functions.2018-12-19T08:12:56+00:00enInference in Games Without Nash Equilibrium: An Application to Restaurants’ Competition in Opening Hours2018-12-19Econometric and statistical methodsMarket structure and pricingStaff Working Paper 2018-60https://www.bankofcanada.ca/wp-content/uploads/2018/12/swp2018-60.pdfInference in Games Without Nash Equilibrium: An Application to Restaurants, Competition in Opening HoursErhao XieDecember 2018CC5C57LL1L13L8L85