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Literature survey on the economic impact of digital platforms

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  • Soichiro Takagi

    (The University of Tokyo)

Abstract

The rapid diffusion of digital platforms is generating a deep impact on a wide range of economic aspects such as consumption, communication, and workstyle. On the other hand, there is a growing concern over the consequences of the rapid diffusion of digital platforms such as those on monopoly, destruction of traditional industry, and the effect on workstyle and jobs. As a result, government authorities are rapidly considering political measures to regulate digital platforms. However, it is still not clear how the diffusion of digital platforms impacts the economy from a scientific perspective. This study conducts a literature survey aimed at answering the question, “How much do we know about the economic impact of digital platforms?”. This research provides the definition of digital platforms and analyzes previous studies on the economic impact of digital platforms based on five pillars: labor, incubation, consumption, destruction, and wealth distribution. The results suggest that there is a relatively rich accumulation of studies on labor issues, mostly on the European market, while scientific research on the economic impact of digital platforms is significantly scarce. This study also discusses future research opportunities on the economic impact of digital platforms.

Suggested Citation

  • Soichiro Takagi, 2020. "Literature survey on the economic impact of digital platforms," International Journal of Economic Policy Studies, Springer, vol. 14(2), pages 449-464, August.
    • Handle: RePEc:spr:ijoeps:v:14:y:2020:i:2:d:10.1007_s42495-020-00043-0
    DOI: 10.1007/s42495-020-00043-0
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    References listed on IDEAS

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