A new paradox of the digital economy - Structural sources of the limitation of GDP statistics

Chihiro Watanabe, Yuji Tou and Pekka Neittaanmäki

Technology in Society, 2018, vol. 55, issue C, 9-23

Abstract: The Internet has dramatically changed the way we conduct business and our daily lives by provided us with unprecedented services and conveniences. However, contrary to such accomplishments, productivity in industrialized countries is now experiences an apparent decline. This has raised the question of a possible productivity paradox in the digital economy. The limitation of GDP statistics in measuring the advancement of the digital economy has thus become an important subject.

Keywords: Digital economy; Productivity decline; Limitation of GDP; Uncaptured GDP; Soft innovation resources (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (21)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:teinso:v:55:y:2018:i:c:p:9-23

DOI: 10.1016/j.techsoc.2018.05.004

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