The impacts of information technology and E-commerce on operational performances: A two-stage dynamic partial adjustment approach

This study proposes an unconventional partial adjustment valuation approach, as a comparison to stochastic production frontier evaluate the business values of information technology and E-commerce. Based on different settings speeds adjustment, two cases, constant case dynamic case, are conducted compared. With more realistic model design, we can investigate compare E-commerce with not only but also time-varying setting empirically. The empirical results indicate that adoptions contribute operational performances positively in most power differs depending industries.