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Measuring digitization: A growth and welfare multiplier

Digitization encapsulates the social transformation triggered by the mass adoption of digital technologies that generate, process and transfer information. The digitization index introduces a global measure of national performance reflecting ubiquity, affordability, reliability, speed, usability and...

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Bibliographic Details
Published in:Technovation 2013-10, Vol.33 (10-11), p.314-319
Main Authors: Katz, R.L., Koutroumpis, P.
Format: Article
Language:English
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Summary:Digitization encapsulates the social transformation triggered by the mass adoption of digital technologies that generate, process and transfer information. The digitization index introduces a global measure of national performance reflecting ubiquity, affordability, reliability, speed, usability and skills. Output and welfare rise with the index while manifesting increasing returns to scale some implications for ICT public policy are drawn from these findings.
ISSN:0166-4972
1879-2383
DOI:10.1016/j.technovation.2013.06.004