Capturing the Digital Economy--A Proposed Measurement Framework and Its Applications: A Special Supplement to Key Indicators for Asia and the Pacific 2021

Abstract

Cover -- Title -- Copyright -- Contents -- Tables, Figures, and Boxes -- Foreword -- Abbreviations -- Highlights -- Introduction -- The Core of the Digital Economy: A Proposed Framework -- Defining the Core of the Digital Economy -- Hardware -- Software Publishing -- Web Publishing -- Telecommunications Services -- Specialized and Support Services -- Evolution of Digital Products and Industries through Time -- Measurement Framework -- Deriving Gross Domestic Product in Terms of Leontief Inverse Coefficients -- Disaggregating Gross Domestic Product across Users and Suppliers of Value-Added -- Quantifying the Digital Economy in a Two-Industry Economy -- Quantifying the Digital Economy in a Simple Three-Industry Economy without Capital Formation -- Integrating Gross Fixed Capital Formation of the Digital Economy in a Three-Industry Economy -- Quantifying the Digital Economy in an n-Industry Economy -- The Core Digital Economy Equation -- Methodological Requirements -- Supply and Use Tables and Input-Output Tables -- Uniformity Across National Tables -- Disaggregating Products and Industries -- Construction of the Multiregional Input-Output Tables with Digital Sectors -- Limitations of the Framework -- Digital Economy Estimates -- Contribution of the Digital Economy to Gross Domestic Product in Developing Economies -- Declining Prices and Increasing Productivity of Core Digital Products -- The Digital Economy as a Supplier and User of Goods and Services -- Varying Concentration of the Digital Economy across Digital Subsectors -- Impact of Sector Linkages of Digital Sectors -- The Digitally Dependent Economy -- Identifying Digitally Enabled Sectors Using Forward Linkages -- Emergence of E-Commerce and E-Government in a Majority of Economies -- Digitally Disrupted Sectors -- Increasing Overall Direct Digital Dependence among Economies.