G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w25695
来源IDWorking Paper 25695
GDP-B: Accounting for the Value of New and Free Goods in the Digital Economy
Erik Brynjolfsson; Avinash Collis; W. Erwin Diewert; Felix Eggers; Kevin J. Fox
发表日期2019-04-01
出版年2019
语种英语
摘要The welfare contributions of the digital economy, characterized by the proliferation of new and free goods, are not well-measured in our current national accounts. We derive explicit terms for the welfare contributions of these goods and introduce a new metric, GDP-B which quantifies their benefits, rather than costs. We apply this framework to several empirical examples including Facebook and smartphone cameras and estimate their valuations through incentive compatible choice experiments. For example, including the welfare gains from Facebook would have added between 0.05 and 0.11 percentage points to GDP-B growth per year in the US.
主题Microeconomics ; Welfare and Collective Choice ; Macroeconomics ; Consumption and Investment ; Development and Growth ; Development ; Growth and Productivity
URLhttps://www.nber.org/papers/w25695
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/583369
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Erik Brynjolfsson,Avinash Collis,W. Erwin Diewert,et al. GDP-B: Accounting for the Value of New and Free Goods in the Digital Economy. 2019.
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