Hostname: page-component-76fb5796d-r6qrq Total loading time: 0 Render date: 2024-04-26T05:26:27.547Z Has data issue: false hasContentIssue false

Precarious and Productive Work in the Digital Economy

Published online by Cambridge University Press:  01 January 2020

Diane Coyle*
Affiliation:
University of Manchester

Abstract

Digital platforms have the potential to create benefits for their suppliers or workers as well as their customers, yet there is a heated debate about the character of this work and whether the platforms should be more heavily regulated. Beyond the high-profile global platforms, the technology is contributing to changing patterns of work. Yet the existing framework of employment legislation and public policy more broadly – from minimum wages to benefits and pensions – is structured around the concept of ‘the firm’ as the agent of policy delivery. To reshape policies in order to protect the interests of people as workers as well as consumers, it is important to understand why digital innovators make the choices they do, and therefore how labour market policies can improve working conditions without constraining the productivity and consumer benefits enabled by digital business models.

Type
Research Articles
Copyright
Copyright © 2017 National Institute of Economic and Social Research

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Adam, S., Miller, H. and Pope, T. (2017), ‘Tax, legal form and the gig economy’, IFS February, https://www.ifs.org.uk/publications/8872.Google Scholar
Arntz, M., Gregory, T. and Zierahn, U. (2016), ‘The risk of automation for jobs in OECD countries’, OECD Working Paper May, http://www.oecd-ilibrary.org/social-issues-migration-health/the-risk-of-automation-for-jobs-in-oecd-countries_5jlz9h56dvq7-en.Google Scholar
Benjaafar, S., Kong, G., Li, X., Courcoubetis, C. (2015), ‘Peer-to-peer product sharing: implications for ownership, usage and social welfare in the sharing economy’, http://dx.doi.org/10.2139/ssrn.2669823.CrossRefGoogle Scholar
Boudreau, K.J. and Hagiu, A. (2009), ‘Platform rules: multisided platforms as regulators’, in Gawer, A. (ed.), Platforms, Markets and Innovation, Cheltenham, UK: Edward Elgar Publishing.Google Scholar
Caillaud, B. and Jullien, B. (2003), ‘Chicken and egg: competition among intermediation service providers,’ RAND Journal of Economics, 34 2, pp. 309–28.CrossRefGoogle Scholar
Chassany, A.-S. (2016), ‘Uber: a route out of the French banlieue’, Financial Times, 3 March.Google Scholar
Coase, R.H. (1937), ‘The nature of the firm’, Economica, New Series, 4, 16, November, pp. 386405.CrossRefGoogle Scholar
Committee on Information Technology, Automation, and the U.S. Workforce (2017), Computer Science and Telecommunications Board; Division on Engineering and Physical Sciences; National Academies of Sciences, Engineering, and Medicine, Information Technology and the U.S. Workforce: Where Are We and Where Do We Go from Here?, March.Google Scholar
Coyle, D. (1997), The Weightless World, Capstone.Google Scholar
Coyle, D. (2016), ‘The sharing economy in the UK: a report for SEUK’, Enlightenment Economics, January.Google Scholar
Dellarocas, C., Dini, F. and Spagnolo, G. (2006), ‘Designing reputation (feedback) mechanisms’, in Dimitri, N., Piga, G. and Spagnolo, G. (eds), Handbook of Procurement, Cambridge: Cambridge University Press.Google Scholar
European Commission (2016), A European Agenda for the Collaborative Economy, COM2016 356 (Final), http://ec.europa.eu/growth/single-market/strategy/collaborative-economy/index_en.htm.Google Scholar
Evans, D.S. (2011), ‘Platform economics: essays on multi-sided markets’, Competition Policy International.Google Scholar
Evans, D.S. and Schmalensee, R. (2014), ‘Antitrust analysis of multi-sided platform businesses’, in Blair, R. and Sokol, D. (eds), Oxford Handbook on International Antitrust Economics, Oxford: Oxford University Press.Google Scholar
Fraiberger, S.P. and Sundararajan, A. (2015), ‘Peer-to-peer rental markets in the sharing economy’, NYU Stern School of Business Research Paper, 6 October.CrossRefGoogle Scholar
Hagiu, A. (2007), ‘Merchant or two-sided platform?’, Review of Network Economics, 6 2, June, pp. 115–33.CrossRefGoogle Scholar
Hagiu, A. and Wright, J. (2015), ‘Multi-sided platforms’, International Journal of Industrial Organization, 43, November, pp. 162–74.CrossRefGoogle Scholar
Hathaway, I. and Muro, M. (2016), ‘Tracking the gig economy’, Brookings Institute, October, https://www.brookings.edu/research/tracking-the-gig-economy-new-numbers/.Google Scholar
Hayek, F.A. (1945), ‘The use of knowledge in society’, American Economic Review, XXXV, 4. pp. 519–30, American Economic Association.Google Scholar
Kenny, M. and Zysman, J. (2015), ‘Choosing a future in the platform economy: the implications and consequences of digital platforms’, Kaufman Foundation Discussion paper, June, http://www.brie.berkeley.edu/wp-content/uploads/2015/02/PlatformEconomy2DistributeJune21.pdf.Google Scholar
Office for National Statistics (2016), ‘The feasibility of measuring the sharing economy’, April, https://www.ons.gov.uk/economy/economicoutputandproductivity/output/articles/thefeasibilityofmeasuringthesharingeconomy/2016-04-05.Google Scholar
Parker, G., van Alstyne, M. and Choudary, S.P. (2016), Platform Revolution, Norton.Google Scholar
Rochet, J.-C. and Tirole, J. (2003), ‘Platform competition in two-sided markets’, Journal of the European Economic Association, 1 (4), pp. 9901029.CrossRefGoogle Scholar
Rochet, J.-C. and Tirole, J. (2006), ‘Two-sided markets: a progress report’, The RAND Journal of Economics, 37 (3), pp. 645667.CrossRefGoogle Scholar
Roth, A. (2015), Who Gets What And Why?, William Collins.Google Scholar
Rysman, M. (2009), ‘The economics of two-sided markets’, Journal of Economic Perspectives, 23 (3), pp. 125–43.CrossRefGoogle Scholar
Stokes, K., Clarence, E., Anderson, L. and Rinne, A. (2014), Making Sense of the UK Collaborative Economy, London: NESTA.Google Scholar
Strowel, A. and Vergote, W. (2016), ‘Digital platforms: to regulate or not to regulate? Message to regulators: fix the economics first, then focus on the right regulation’, July, http://ec.europa.eu/information_society/newsroom/image/document/2016-7/uclouvain_et_universit_saint_louis_14044.pdf.Google Scholar
Sundararajan, A. (2016), The Sharing Economy, MIT Press.Google Scholar