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Digitalization: Definition and Measurement

Author

Listed:
  • Guyllaume Faucher
  • Stephanie Houle

Abstract

This paper provides an overview of digitalization and its economic implications. We assess the scope of digitalization in Canada as well as the challenges related to its measurement.

Suggested Citation

  • Guyllaume Faucher & Stephanie Houle, 2023. "Digitalization: Definition and Measurement," Discussion Papers 2023-20, Bank of Canada.
    • Handle: RePEc:bca:bocadp:23-20
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    File URL: https://www.bankofcanada.ca/2023/09/staff-discussion-paper-2023-20/
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    References listed on IDEAS

    as
    1. Alejandra Bellatin & Stephanie Houle, 2021. "Overlooking the online world: Does mismeasurement of the digital economy explain the productivity slowdown?," Staff Analytical Notes 2021-10, Bank of Canada.
    2. Bellatin, Alejandra & Galassi, Gabriela, 2022. "What COVID-19 May Leave Behind: Technology-Related Job Postings in Canada," IZA Discussion Papers 15209, Institute of Labor Economics (IZA).
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Mironov, V. & Kuznetsov, A. & Konovalova, L., 2024. "On the sectoral effects of digitalization based on new indicators by type of economic activity," Journal of the New Economic Association, New Economic Association, vol. 62(1), pages 143-179.
    2. Vivian Chu & Tatjana Dahlhaus & Christopher Hajzler, 2023. "Digitalization: Prices of Goods and Services," Discussion Papers 2023-27, Bank of Canada.

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    More about this item

    Keywords

    Digitalization; Potential output;

    JEL classification:

    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O51 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - U.S.; Canada

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