全球智库信息集成服务系统(G2TT): Does Occupational Licensing Reduce Value Creation on Digital Platforms?

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w30388
来源ID	Working Paper 30388
	Does Occupational Licensing Reduce Value Creation on Digital Platforms?
	Peter Q. Blair; Mischa Fisher
发表日期	2022-08-22
出版年	2022
语种	英语
摘要	We test whether occupational licensing undercuts a key goal of digital marketplaces— to increase social surplus by increasing the effectiveness of customer search. Our setting is a large online marketplace in the $500B home services industry where a platform converts customer search into sales leads that are accepted for purchase by service providers on the platform. For each of the 21 million observations in our data set, we observe task-level variation in the state licensing requirements that service providers must meet to operate on the platform. Exploiting two natural experiments, we find that licensing reduces the accept rate of sales leads by an average of 25 percent. The accept rate drops because licensing reduces the aggregate labor supply of workers on the platform and not because licensing increases the volume of customer search. We develop a model and derive analytic expressions for the impact of licensing on the welfare of consumers, service providers and the platform as a function of seven sufficient statistics which we estimate from the data. We find that licensing a task reduces service provider surplus and platform surplus without increasing consumer surplus.
主题	Microeconomics ; Welfare and Collective Choice ; Labor Economics ; Labor Market Structures ; Industrial Organization ; Regulatory Economics ; Industry Studies
URL	https://www.nber.org/papers/w30388
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/588059
推荐引用方式 GB/T 7714	Peter Q. Blair,Mischa Fisher. Does Occupational Licensing Reduce Value Creation on Digital Platforms?. 2022.

条目包含的文件
文件名称/大小	资源类型	版本类型	开放类型	使用许可
w30388.pdf（2329KB）	智库出版物		限制开放	CC BY-NC-SA	浏览