Data and Code for: Information Technology and Returns to Scale
Principal Investigator(s): View help for Principal Investigator(s) Danial Lashkari, FRBNY; Jocelyn Boussard, CREST-ENSAE; Arthur Bauer, CREST-ENSAE
Version: View help for Version V1
| Name | File Type | Size | Last Modified |
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| alternative | 03/18/2024 12:10:PM | ||
| code | 03/18/2024 11:51:AM | ||
| data | 01/16/2024 09:39:AM | ||
| results | 03/18/2024 12:05:PM | ||
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text/plain | 25.9 KB | 01/16/2024 04:38:AM |
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application/pdf | 310.6 KB | 03/18/2024 05:51:AM |
Project Citation:
Lashkari, Danial, Boussard, Jocelyn , and Bauer, Arthur. Data and Code for: Information Technology and Returns to Scale. Nashville, TN: American Economic Association [publisher], 2024. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2024-05-29. https://doi.org/10.3886/E197481V1
Project Description
Summary:
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What are the implications of the dramatic fall in IT prices for aggregate technology? When firm-level technologies are continuously differentiable, a factor price shock leads to 1) a substitution between factors and/or 2) an endogenous response of returns to scale. The second channel is governed by the output elasticity of relative factor demand. In this project, we use detailed firm-level data from France, we estimate this elasticity to be positive for IT factor demand. A quantitative exercise accounting for both technological channels shows that falling IT prices can explain much of the changes in concentration and the composition of aggregate labor share in France. The code for the entire analysis and the publicly accessible relevant data are included here.
Scope of Project
Subject Terms:
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Firm production function;
Production Function Estimation;
Heterogeneous Firm Models
JEL Classification:
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D20 Production and Organizations: General
E10 General Aggregative Models: General
E23 Macroeconomics: Production
E25 Aggregate Factor Income Distribution
D20 Production and Organizations: General
E10 General Aggregative Models: General
E23 Macroeconomics: Production
E25 Aggregate Factor Income Distribution
Geographic Coverage:
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France
Time Period(s):
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1/1966 – 12/2017
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