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Factors Affecting the Online Economy

Author

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  • Schmuck, Roland

Abstract

The online economy takes a huge role in today’s globalized world. Internet as a general purpose technology changes how companies operate, but it also changes the markets. The online economy has a huge effect on people’s everyday life, private and public companies as well. The goal of this paper is to analyse the global online economy by countries of origin answering the question which countries dominate the internet. After deep literature survey on the subject the Alexa Top 500 database is used to analyse it by the most visited websites in the world. The analysis shows the online economy is dominated by the USA and China. Correlation analysis confirms that GDP correlates with websites originating from that country. This means highly developed countries have better online economy with more websites, dominating the online economy.

Suggested Citation

  • Schmuck, Roland, 2013. "Factors Affecting the Online Economy," MPRA Paper 101988, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:101988
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    File URL: https://mpra.ub.uni-muenchen.de/101988/1/MPRA_paper_101988.pdf
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    References listed on IDEAS

    as
    1. Farrell, Joseph & Saloner, Garth, 1992. "Converters, Compatibility, and the Control of Interfaces," Journal of Industrial Economics, Wiley Blackwell, vol. 40(1), pages 9-35, March.
    2. Schmuck, Roland, 2011. "Online Services of Municipal Websites," MPRA Paper 101986, University Library of Munich, Germany.
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    Cited by:

    1. Hartman, Paul & Ogden, Jeff & Jackson, Ross, 2020. "Contract duration: Barrier or bridge to successful public-private partnerships?," Technology in Society, Elsevier, vol. 63(C).

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    More about this item

    Keywords

    globalization; online; economy; website;
    All these keywords.

    JEL classification:

    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations

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