Does Measurement of Digital Activities Explain Productivity Slowdown? The Case for Australia

Derek Burnell and Amani Elnasri

Economie et Statistique / Economics and Statistics, 2020, issue 517-518-519, 123-137

Abstract: [eng] The post 2004 slowdown in productivity growth in developed nations has led to speculation that mismeasurement of digital activities within the national accounts may be responsible. The Australian Bureau of Statistics’ (ABS) modelling of potential missing output confirms the findings of Syverson (2017), Ahmad & Schreyer (2016) and Byrne, Fernald & Reinsdorf (2016) that unrecorded digital activities were of insufficient magnitude to explain the productivity slowdown. While there may be room for improvement in data sources and methods more broadly, conceptually digital activities are captured in the National Accounts framework.

JEL-codes: E23 O3 O4 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:nse:ecosta:ecostat_2020_517t_8

DOI: 10.24187/ecostat.2020.517t.2022

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