Network effects on the iPhone platform_ An empirical examination-学术期刊.pdf

Telecommunications Policy 39 (2015) 877–895 Contents lists available at ScienceDirect Telecommunications Policy URL: /locate/telpol Network effects on the iPhone platform: An empirical examination Daniel D. Garcia-Swartz a,n, Florencia Garcia-Vicente b a Charles River Associates, 1 South Wacker Drive, # 3400, Chicago, IL 60606, USA b Belly Chicago, 600 West Chicago Avenue, Chicago, IL 60654, USA a r t i c l e i n f o a b s t r a c t Available online 21 August 2015 Smartphones are “systems,” that is, collections of (hardware and software) components Keywords: that work well with one another. They can also be viewed as multi-sided platforms that iPhone connect two or more distinct types of customers (users, application developers, handset Multisided platforms manufacturers, network operators, and advertisers) and are characterized by the existence Indirect network effects of indirect network effects—an extra customer on one side generates benefits for Cointegration customers on the other side. In this study we focus on one specific aspect of the growth Dynamic OLS dynamics of Apples iPhone: the feedback effects between users and applications (or Vector error correction models application developers). After briefly tracing the history of the iPhone, we construct time series of users and apps. We then carry out cointegration analysis and estimate dynam