For numerous cities in Mexico, either a share of the fare (depicted in light yellow) or entire trips (depicted in dark yellow) from Uber are paid using cash. The percentage of trips paid for using cash range from 30% to over 80%, depending on the city. The percentage of shares of fare paid for using cash closely correlate to the percentage of trips paid for using cash.
Uber in Mexico: Share of Cash by Cities
Research Brief • Feb 3, 2020
A Global View of Creative Destruction
In their new paper, “A Global View of Creative Destruction,” UChicago professor Chang-Tai Hsieh, Stanford...
Topics: Industrial Organization, Technology & Innovation
Research Brief • Dec 16, 2019
In the early days of Microsoft, Bill Gates and Paul Allen did not need investors’...
Topics: Employment & Wages, Industrial Organization, Technology & Innovation