Measuring indirect investments in ICT

Gilbert Cette (), Jimmy Lopez () and Vincenzo Spiezia ()
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Gilbert Cette: NEOMA - Neoma Business School
Jimmy Lopez: LEDi - Laboratoire d'Economie de Dijon [Dijon] - UB - Université de Bourgogne - UBFC - Université Bourgogne Franche-Comté [COMUE]
Vincenzo Spiezia: OCDE / OECD - Organisation de Coopération et de Développement Economiques = Organisation for Economic Co-operation and Development

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Abstract: This report investigates the hypothesis that the real contribution of ICT investment may be masked in official statistics because intermediate ICT expenditures embodied in non-ICT capital assets are not treated as ICT investment. Based on detailed SUTs collected in 12 OECD countries, the report presents estimates of indirect ICT investment, i.e. the value of ICT inputs embodied in non-ICT capital assets. ICT investment appears significantly higher when considering its indirect component, the average increase being about 35%. In addition, the inclusion of indirect ICT investment changes significantly the relative position of countries with respect to the ICT intensity of their investments.

Keywords: Digital Industry; Business and entrepreneurship; Digital transformatio; Industry sector analysis (search for similar items in EconPapers)
Date: 2019-02-19
Note: View the original document on HAL open archive server: https://hal.science/hal-05718448v1
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Published in 276, Organisation for Economic Co-operation and Development (OECD). 2019

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Persistent link: https://EconPapers.repec.org/RePEc:hal:wpaper:hal-05718448

DOI: 10.1787/e115e2ea-en

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