This publication sets out a framework for measuring the importance of the digital economy in national and global production processes. Amid the growing interest in the digitalization of socioeconomic activities, there is a lack of consensus on an established framework to estimate the digital economy. This report proposes a definition of the core digital economy and an input-output analytical framework to measure it. Applying this framework to selected economies and years, it finds that the digital economy and digitally dependent industries contribute a significant portion of gross domestic product. It examines key digital economy phenomena and trends in relation to sectoral links, temporal price changes, jobs, global value chains, the COVID-19 pandemic, and Industry 4.0.
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Capturing the Digital Economy-A Proposed Measurement Framework and Its Applications: A Special Supplement to Key Indicators for Asia and the Pacific 2021
This publication sets out a framework for measuring the importance of the digital economy in national and global production processes. Amid the growing interest in the digitalization of socioeconomic activities, there is a lack of consensus on an established framework to estimate the digital economy. This report proposes a definition of the core digital economy and an input-output analytical framework to measure it. Applying this framework to selected economies and years, it finds that the digital economy and digitally dependent industries contribute a significant portion of gross domestic product. It examines key digital economy phenomena and trends in relation to sectoral links, temporal price changes, jobs, global value chains, the COVID-19 pandemic, and Industry 4.0.
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Capturing the Digital Economy-A Proposed Measurement Framework and Its Applications: A Special Supplement to Key Indicators for Asia and the Pacific 2021
158Capturing the Digital Economy-A Proposed Measurement Framework and Its Applications: A Special Supplement to Key Indicators for Asia and the Pacific 2021
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Product Details
ISBN-13: | 9789292690076 |
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Publisher: | Asian Development Bank |
Publication date: | 08/01/2021 |
Sold by: | Barnes & Noble |
Format: | eBook |
Pages: | 158 |
File size: | 8 MB |
Age Range: | 18 Years |
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