Author: Asian Development Bank
Publisher: Asian Development Bank
Published: 2021-08-01
Total Pages: 215
ISBN-13: 9292690078
DOWNLOAD EBOOKThis 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.
Book Synopsis Capturing the Digital Economy—A Proposed Measurement Framework and Its Applications by : Asian Development Bank
Download or read book Capturing the Digital Economy—A Proposed Measurement Framework and Its Applications written by Asian Development Bank and published by Asian Development Bank. This book was released on 2021-08-01 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.