Capturing the Digital Economy: A Proposed Measurement Framework and Its Applications--A Special Supplement to Key Indicators for Asia and the Pacific
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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 inputoutput 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.
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 inputoutput 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.
Format:Paperback
Language:English
ISBN:929269006X
ISBN13:9789292690069
Release Date:November 2021
Publisher:Asian Development Bank
Length:158 Pages
Weight:1.12 lbs.
Dimensions:0.4" x 8.5" x 11.0"
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