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

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  • Watanabe, Chihiro
  • Tou, Yuji
  • Neittaanmäki, Pekka

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.

Suggested Citation

  • Watanabe, Chihiro & Tou, Yuji & Neittaanmäki, Pekka, 2018. "A new paradox of the digital economy - Structural sources of the limitation of GDP statistics," Technology in Society, Elsevier, vol. 55(C), pages 9-23.
    • Handle: RePEc:eee:teinso:v:55:y:2018:i:c:p:9-23
    DOI: 10.1016/j.techsoc.2018.05.004
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    References listed on IDEAS

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    7. Watanabe, Chihiro & Naveed, Kashif & Neittaanmäki, Pekka, 2017. "ICT-driven disruptive innovation nurtures un-captured GDP – Harnessing women's potential as untapped resources," Technology in Society, Elsevier, vol. 51(C), pages 81-101.
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    9. Watanabe, Chihiro & Naveed, Kashif & Neittaanmäki, Pekka & Fox, Brenda, 2017. "Consolidated challenge to social demand for resilient platforms - Lessons from Uber's global expansion," Technology in Society, Elsevier, vol. 48(C), pages 33-53.
    10. Naveed, Kashif & Watanabe, Chihiro & Neittaanmäki, Pekka, 2018. "The transformative direction of innovation toward an IoT-based society - Increasing dependency on uncaptured GDP in global ICT firms," Technology in Society, Elsevier, vol. 53(C), pages 23-46.
    11. Naveed, Kashif & Watanabe, Chihiro & Neittaanmäki, Pekka, 2017. "Co-evolution between streaming and live music leads a way to the sustainable growth of music industry – Lessons from the US experiences," Technology in Society, Elsevier, vol. 50(C), pages 1-19.
    12. Watanabe, Chihiro & Naveed, Kashif & Zhao, Weilin, 2015. "New paradigm of ICT productivity – Increasing role of un-captured GDP and growing anger of consumers," Technology in Society, Elsevier, vol. 41(C), pages 21-44.
    13. Watanabe, Chihiro & Naveed, Kashif & Neittaanmäki, Pekka, 2017. "Co-evolution between trust in teachers and higher education toward digitally-rich learning environments," Technology in Society, Elsevier, vol. 48(C), pages 70-96.
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    2. M.A. Afonasova & E.E. Panfilova & M.A. Galichkina, 2018. "Social and Economic Background of Digital Economy: Conditions for Transition," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 292-302.
    3. Vujica Lazović & Milorad Jovović & Tamara Backović & Tamara Djuričković & Biljana Rondović, 2022. "Is Digital Economy a Good Samaritan to Developing Countries?," Sustainability, MDPI, vol. 14(14), pages 1-22, July.
    4. Watanabe, Chihiro & Tou, Yuji & Neittaanmäki, Pekka, 2020. "Institutional systems inducing R&D in Amazon- the role of an investor surplus toward stakeholder capitalization," Technology in Society, Elsevier, vol. 63(C).
    5. Tou, Yuji & Watanabe, Chihiro & Neittaanmäki, Pekka, 2020. "Fusion of technology management and financing management - Amazon's transformative endeavor by orchestrating techno-financing systems," Technology in Society, Elsevier, vol. 60(C).
    6. Matveev Vladimir (Матвеев, В. В.) & Soboleva Yuliya (Соболева, Ю. П.) & Tarasov Vadim (Тарасов, В. А.), 2019. "Digital Economy: Terms And Instruments Introduction Of Internet Technologies In The Activities Of Universities [Цифровая Экономика: Условия И Инструменты Внедрения Интернет-Технологий В Деятельност," State and Municipal Management Scholar Notes, Russian Presidential Academy of National Economy and Public Administration, vol. 3, pages 113-121.
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    9. Ghimire, Amogh & Ali, Sajjad & Long, Xingle & Chen, Lili & Sun, Jiayi, 2024. "Effect of Digital Silk Road and innovation heterogeneity on digital economy growth across 29 countries: New evidence from PSM-DID," Technological Forecasting and Social Change, Elsevier, vol. 198(C).
    10. Wen, Ting & Qi, Sinan & Qian, Yue, 2024. "Index measurement and analysis on spatial-temporal evolution of China's new economy based on the DPSIR model," International Review of Economics & Finance, Elsevier, vol. 90(C), pages 252-264.
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    12. Watanabe, Chihiro & Akhtar, Waleed & Tou, Yuji & Neittaanmäki, Pekka, 2021. "Amazon's initiative transforming a non-contact society - Digital disruptionleads the way to stakeholder capitalization," Technology in Society, Elsevier, vol. 65(C).
    13. Watanabe, Chihiro & Naveed, Nasir & Neittaanmäki, Pekka, 2019. "Digitalized bioeconomy: Planned obsolescence-driven circular economy enabled by Co-Evolutionary coupling," Technology in Society, Elsevier, vol. 56(C), pages 8-30.
    14. Tou, Yuji & Watanabe, Chihiro & Moriya, Kuniko & Naveed, Nasir & Vurpillat, Victor & Neittaanmäki, Pekka, 2019. "The transformation of R&D into neo open innovation- a new concept in R&D endeavor triggered by amazon," Technology in Society, Elsevier, vol. 58(C).
    15. Tou, Yuji & Watanabe, Chihiro & Moriya, Kuniko & Neittaanmäki, Pekka, 2019. "Harnessing soft innovation resources leads to neo open innovation," Technology in Society, Elsevier, vol. 58(C).
    16. Vujica Lazovic & Biljana Rondovic & Danijela Lazovic & Tamara Djurickovic, 2021. "Is Economic Theory, Presented in Basic Academic Textbooks, Applicable to the Digital Economy?," Sustainability, MDPI, vol. 13(22), pages 1-23, November.
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