An Empirical Analysis of the Impacts of the Sharing Economy Platforms on the U.S. Labor Market

Simple item page
dc.contributor.authorLi, Ziru
dc.contributor.authorHong, Yili
dc.contributor.authorZhang, Zhongju
dc.date.accessioned2017-12-28T00:39:19Z
dc.date.available2017-12-28T00:39:19Z
dc.date.issued2018-01-03
dc.description.abstractEach generation of digital innovation has caused a dramatic change in the way people work. Sharing economy is the latest trend of digital innovation, and it has fundamentally changed the traditional business models. In this paper, we empirically examine the impacts of the sharing economy platforms (specifically, Uber) on the labor market in terms of labor force participation, unemployment rate, supply, and wage of low-skilled workers. Combining a data set of Uber entry time and several microdata sets, we utilize a difference-in-differences (DID) method to investigate whether the above measures before and after Uber entry are significantly different across the U.S. metropolitan areas. Our empirical findings show that sharing economy platforms such as Uber significantly decrease the unemployment rate and increase the labor force participation. We also find evidence of a shift in the supply of low skill workers and consequently a higher wage rate for such workers in the traditional industries.
dc.format.extent9 pages
dc.identifier.doi10.24251/HICSS.2018.084
dc.identifier.isbn978-0-9981331-1-9
dc.identifier.urihttp://hdl.handle.net/10125/49971
dc.language.isoeng
dc.relation.ispartofProceedings of the 51st Hawaii International Conference on System Sciences
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 International
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subjectThe Sharing Economy
dc.subjectsharing economy, digital platforms, Uber, labor market, labor participation, unemployment rate
dc.titleAn Empirical Analysis of the Impacts of the Sharing Economy Platforms on the U.S. Labor Market
dc.typeConference Paper
dc.type.dcmiText

Files

Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
paper0084.pdf
Size:
738.88 KB
Format:
Adobe Portable Document Format
Download

Collections

The Sharing Economy