How Should We Measure The Digital Economy PDF Download
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Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 160 |
Release | : 2014-12-08 |
Genre | : |
ISBN | : 9264221794 |
Download Measuring the Digital Economy A New Perspective Book in PDF, ePub and Kindle
This report presents indicators traditionally used to monitor the information society and complements them with experimental indicators that provide insight into areas of policy interest.
Author | : Avinash Collis |
Publisher | : |
Total Pages | : 227 |
Release | : 2020 |
Genre | : |
ISBN | : |
Download How Should We Measure the Digital Economy? Book in PDF, ePub and Kindle
Gross domestic product (GDP) measures production and is not meant to measure well-being. While many people nonetheless use GDP as a proxy for well-being, consumer surplus is a better measure of consumer well-being. This is increasingly true in the digital economy where many digital goods have zero price and as a result, the welfare gains from these goods are not reflected in GDP or productivity statistics. Chapter 1 proposes a way of directly measuring consumer’s economic well-being using massive online choice experiments. It finds that digital goods generate a large amount of consumer surplus that is currently not captured in GDP. For example, the median Facebook user needed a compensation of around $48 to give it up for a month. Building up on these results, Chapter 2 extends the GDP framework to include welfare gains from new and free goods and construct a new metric called GDP-B, where B stands for benefits. It finds that including the welfare gains from Facebook would have added between 0.05 and 0.11 percentage points to GDP-B growth per year in the US. Chapter 3 proposes a way of measuring network effects on multi-sided platforms using choice experiments. It also models digital platforms allowing for heterogeneity in demand elasticity and network effects across users of different types. It then calibrates the model using an empirical application to Facebook and simulates six different taxation and regulatory policies. Chapter 4 looks at the impact of social media on subjective well-being and academic performance through a randomized controlled trial of University students. Chapter 5 summarizes the research agenda moving forward and concludes with a framework for measuring different aspects of well-being in the digital economy.
Author | : Avi Goldfarb |
Publisher | : University of Chicago Press |
Total Pages | : 510 |
Release | : 2015-05-08 |
Genre | : Business & Economics |
ISBN | : 022620684X |
Download Economic Analysis of the Digital Economy Book in PDF, ePub and Kindle
There is a small and growing literature that explores the impact of digitization in a variety of contexts, but its economic consequences, surprisingly, remain poorly understood. This volume aims to set the agenda for research in the economics of digitization, with each chapter identifying a promising area of research. "Economics of Digitization "identifies urgent topics with research already underway that warrant further exploration from economists. In addition to the growing importance of digitization itself, digital technologies have some features that suggest that many well-studied economic models may not apply and, indeed, so many aspects of the digital economy throw normal economics in a loop. "Economics of Digitization" will be one of the first to focus on the economic implications of digitization and to bring together leading scholars in the economics of digitization to explore emerging research.
Author | : Erik Brynjolfsson |
Publisher | : W. W. Norton & Company |
Total Pages | : 320 |
Release | : 2014-01-20 |
Genre | : Business & Economics |
ISBN | : 0393239357 |
Download The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies Book in PDF, ePub and Kindle
The big stories -- The skills of the new machines : technology races ahead -- Moore's law and the second half of the chessboard -- The digitization of just about everything -- Innovation : declining or recombining? -- Artificial and human intelligence in the second machine age -- Computing bounty -- Beyond GDP -- The spread -- The biggest winners : stars and superstars -- Implications of the bounty and the spread -- Learning to race with machines : recommendations for individuals -- Policy recommendations -- Long-term recommendations -- Technology and the future (which is very different from "technology is the future").
Author | : International Monetary Fund. Statistics Dept. |
Publisher | : International Monetary Fund |
Total Pages | : 49 |
Release | : 2018-04-05 |
Genre | : Business & Economics |
ISBN | : 1498307361 |
Download Measuring the Digital Economy Book in PDF, ePub and Kindle
"Digitalization encompasses a wide range of new applications of information technology in business models and products that are transforming the economy and social interactions. Digitalization is both an enabler and a disruptor of businesses. The lack of a generally agreed definition of the “digital economy” or “digital sector” and the lack of industry and product classification for Internet platforms and associated services are hurdles to measuring the digital economy. This paper distinguishes between the “digital sector” and the increasingly digitalized modern economy, often called the “digital economy,” and focuses on the measurement of the digital sector. The digital sector covers the core activities of digitalization, ICT goods and services, online platforms, and platform-enabled activities such as the sharing economy."
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 318 |
Release | : 2020-11-27 |
Genre | : |
ISBN | : 9264740449 |
Download OECD Digital Economy Outlook 2020 Book in PDF, ePub and Kindle
The OECD Digital Economy Outlook 2020 examines trends and analyses emerging opportunities and challenges in the digital economy. This third edition of the OECD Digital Economy Outlook provides a holistic overview of converging trends, policy developments and data on both the supply and demand sides of the digital economy. It illustrates how the digital transformation is affecting economies and societies. Finally, it provides a special focus on how the COVID-19 pandemic is amplifying opportunities and challenges from the digital transformation.
Author | : Erik Brynjolfsson |
Publisher | : MIT Press |
Total Pages | : 412 |
Release | : 2002-01-25 |
Genre | : Business & Economics |
ISBN | : 9780262523301 |
Download Understanding the Digital Economy Book in PDF, ePub and Kindle
The rapid growth of electronic commerce, along with changes in information, computing, and communications, is having a profound effect on the United States economy. President Clinton recently directed the National Economic Council, in consultation with executive branch agencies, to analyze the economic implications of the Internet and electronic commerce domestically and internationally, and to consider new types of data collection and research that could be undertaken by public and private organizations. This book contains work presented at a conference held by executive branch agencies in May 1999 at the Department of Commerce. The goals of the conference were to assess current research on the digital economy, to engage the private sector in developing the research that informs investment and policy decisions, and to promote better understanding of the growth and socioeconomic implications of information technology and electronic commerce. Aspects of the digital economy addressed include macroeconomic assessment, organizational change, small business, access, market structure and competition, and employment and the workforce.
Author | : Shane M. Greenstein |
Publisher | : |
Total Pages | : 0 |
Release | : 2013 |
Genre | : Digital communications |
ISBN | : 9781781007204 |
Download The Economics of Digitization Book in PDF, ePub and Kindle
The increasing creation, support, use and consumption of digital representation of information touches a wide breadth of economic activities. This digitization has transformed social interactions, facilitated entirely new industries and undermined others and reshaped the ability of people - consumers, job seekers, managers, government officials and citizens - to access and leverage information. This important book includes seminal papers addressing topics such as the causes and consequences of digitization, factors shaping the structure of products and services and creating an enormous range of new applications and how market participants make their choices over strategic organization, market conduct, and public policies. This authoritative collection, with an original introduction by the editors, will be an invaluable source of reference for students, academics and practitioners with an interest in the economics of digitisation and the digital economy.
Author | : Don Tapscott |
Publisher | : McGraw-Hill Companies |
Total Pages | : 342 |
Release | : 1996 |
Genre | : Computers |
ISBN | : 9780070633421 |
Download The Digital Economy Book in PDF, ePub and Kindle
Looks at how the Internet is affecting businesses, education, and government, touching on the twelve themes of the new economy and privacy issues
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 325 |
Release | : 2017-10-11 |
Genre | : |
ISBN | : 9264276289 |
Download OECD Digital Economy Outlook 2017 Book in PDF, ePub and Kindle
The OECD Digital Economy Outlook examines and documents the evolutions and emerging opportunities and challenges in the digital economy. It highlights how OECD countries and partner economies are taking advantage of ICTs and the Internet to meet their public policy objectives.