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";s:4:"text";s:27095:"Meanwhile, for countries with smaller platform economies, the accommodation sector plays a larger role. The increase in employment shares for high- and low-skilled workers therefore corresponded to a reduction in the share for middle-skilled employment, giving rise to job polarisation (or “hollowing out”), a phenomenon identified in virtually all advanced economies. Adapting production and managerial practices to a new technology can be a long process. act as road maps . Website of the Directorate for Public Governance at the OECD, a source of policy solutions, data, expertise and good practice., This paper presents the overall rankings, results and key policy messages of the 2019 OECD Digital Government Index (DGI) and provides a detailed analysis of the results for each of the dimensions of the OECD Digital Government Policy Framework. Today’s development is related to globalization and transition to digital economy as well as to growing pressures on the environment and the society. See the box entitled “Investment in intangible assets in the euro area”. The contents of this article build on Anderton, R., Jarvis, V., Labhard, V., Morgan, J., Petroulakis, F. and Vivian, L., “Virtually everywhere? [57] In addition, the higher market power of large digital firms may also compress wages and be associated with a lower labour share. This category encompasses a very broad array of jobs mostly found in the service sector, such as cleaning, maintenance, personal care, security and food services. Eurostat regional yearbook 2017. Schivardi, F. and Schmitz, T., “The IT Revolution and Southern Europe’s Two Lost Decades”. Greece, Italy and Portugal are among the weakest. The transmission of monetary policy will depend on how the pricing decisions of firms change as market power changes. Progress in the development of the digital economy is regarded as critical to improve the competitiveness of the EU’s economy. Scope and objectives of European public policies for the digital economy and society in Europe (review) Digital Economy and Society Index 2019 - Main Takeaways. Click to access in HTML WEB; Click to download PDF - 231.57421875KB PDF; Click to Read online and share READ; [10]), possibly as a result of the higher pace of technological change, which amplifies the importance of agile and flexible management. According to the 2016 Eurostat Digital Economy and Society survey, the most predominant use of cloud computing lies in the use of cloud-based email services (65% of all firms) (e.g. Sources: Orbis Europe (Bureau van Dijk) and ECB staff calculations.Notes: The digital sector comprises the manufacture of computer, electronic and optical products (C26), the manufacture of electrical equipment (C27), publishing activities (J58), audiovisual and broadcasting activities (J59, J60), telecommunications (J61), and IT and other information services (J62, J63). Digitaleconomy&societyintheEU-Abrowsethroughouronlineworldinfigures.2018 edition.Eurostat. Accept and continue. Creating a digital, tech-driven economy could be the growth engine that ten economies in the region need. Today the European Commission released the results of the 2019 Digital Economy and Society Index (DESI). Cavalleri, M., Eliet, A., McAdam, P., Petroulakis, F., Soares, A. and Vansteenkiste, I., “Concentration, market power and dynamism in the euro area”. Prepared by Robert Anderton, Valerie Jarvis, Vincent Labhard, Filippos Petroulakis, Ieva Rubene and Lara Vivian. cleaners and waiters). According to estimates, although the size of online platforms has grown rapidly, their contribution to the economy remains relatively small. Recent estimates put the value of the data market in Europe at €324 billion in 2019. The data are for the year prior to the year they are published. [47], The evolution of job polarisation by task content for selected European countries is shown in Chart 4. The Eurostat released its regional yearbook 2021. This impact can be examined separately by distinguishing two transmission channels. Equity financing and venture capital may be more suitable for funding intangible investment, hence the latter may be disadvantaged owing to the heavy reliance on bank lending in the euro area.[28]. The standard deviation for total factor productivity/capita (Euroland member countries) (MA4) Source: own estimates based on the methodology, using Eurostat, AMECO databases. Andrews et al. and Miranda, J., “Where has all the skewness gone? cit. Published as part of the ECB Economic Bulletin, Issue 8/2020. The DESI 2020 reports are based on 2019 data. Bresnahan, T.F. Over the same period, the range of impacts for individual euro area countries was around 0.1 to 0.2 percentage points per year on average. There are substantial differences between digital and non-digital companies in their productivity distribution and leadership persistence. The indirect impact channels of digitalisation operate via cost savings and higher competition owing to increased price transparency. cit. Additionally, it includes categories 08.3.0 Telephone and telefax services and 12.3.1.2 Clocks and watches. Andrews, D., Criscuolo, C. and Gal, P.N., “The Best versus the Rest: Divergence across Firms during the Global Productivity Slowdown”, mimeo, August 2019. Valuation of free assets and free services. They are also younger and larger across the distribution. The increase in take-up has affected digital services and goods alike, as reflected in the corresponding data, usage/subscription statistics in the case of digital services as available through online platforms[81], and retail sales in the case of digital (or digitally-ordered) goods, as illustrated in Chart 7 below. The extent to which the indirect effects described above have an impact on inflation partly depends on the prevalence of e-commerce in the euro area. Subsequent studies find smaller possible effects, such as Arntz et al. On the one hand, RBTC favours jobs that require complex analytical skills with a certain level of abstraction (and hence limited automation potential) or a high level of interpersonal communication, which are naturally complemented by such technologies. Eurostat operates pursuant to Regulation (EC) No 223/2009.Since the swearing in of the von der Leyen Commission in December 2019, Eurostat is allocated to the portfolio of the European Commissioner for the Economy, Paolo Gentiloni.. It provides a detailed picture related to a broad range of statistical topics across the regions of the EU Member States, as well as the regions of the EFTA and candidate countries. Failure to appropriately incorporate the prices of such products in the HICP basket can lead to a bias (upward or downward) in the respective price indices. The navigation tree is loading... News. Figure 1: NUTS level 3 representation of Eurostat’s urban -rural typology of the European Union and the United Kingdom. Policymakers should monitor and analyse the impact of digitalisation on consumer prices and inflation. Some of the most digital economies in the euro area score highly in this respect. in specialised stores”, “Audio/video etc.” to “Retail sale of audio and video equipment; hardware, paints and glass; electrical household appliances, etc. Found inside – Page 606Digital Economy and Society Statistic, Households and Individuals, ... Retrieved from https://ec.europa.eu/eurostat/statistics-explained/pdf ... Found insideWhat is innovation and how should it be measured? In addition, Graph 3 shows data on computer use on a daily basis in the countries of the sample. [1] It documents the growth of the digital economy, measured in terms of value added based on the System of National Accounts, the diffusion of digital technologies as captured by suitable indicators, and the impact of digital technologies on the economic environment in which monetary policy operates through their effects on productivity, labour markets and inflation.[2]. The empirical evidence on the effects of e-commerce penetration on inflation so far is scarce but points to a small negative effect. Among the countries that do best according to the Eurostat’s Digital Economy and Society Index are Finland, Netherlands and Ireland. Investment in physical capital is lumpy, given adjustment costs, while the production of technology itself becomes more efficient over time. ... (GIZ). Machines and equipment were traditionally complementary to any type of labour, so the mere accumulation of such capital was sufficient to generate growth. Found inside – Page 133... Source: OECD based on Eurostat, Digital Economy and Society Statistics (database), http://ec.europa.eu/eurostat/web/digital-economy-and-society/data/ ... Decker et al., “Changing Business Dynamism and Productivity: Shocks versus Responsiveness”, (see footnote 10 for more details). Considering e-commerce between businesses and consumers, the inflation-lowering impact of growing e-commerce occurs in two ways. [42] In addition, digital platforms need to ensure the application of principles such as transparency and non-discrimination in their business models, which rely heavily on the use of data and data processing. Sweden and Estonia, appear to have been among the strongest performers in terms of the employment contribution of the digital-intensive sectors, outperforming many other EU economies. Robots are currently primarily used to perform repetitive tasks in manufacturing and hence represent a prominent example of routine task replacement. For example, some countries may have a high share of value added in the IT manufacturing subsector, but this can sometimes correspond to the outsourcing of computer parts to that country; therefore, high country shares of value added in that sector do not necessarily indicate that the country is at the forefront of digitalisation. Digital Economy and Society Index The DESI is the main index to measure the progress of EU MS towards a digital economy and society. The public sector can play an important role in an economy’s overall digital adoption. Source: Eurostat (online data code: isoc_cismt) This article presents recent statistical data on several different aspects of the digital economy and society in the European Union (EU), focusing on the use of information and communication technologies (ICTs) by enterprises . European Commission; Eurostat Data Base: Science Technology Digital Society Survey on the effects of the digital economy on the tourism industry through Internet and Web technologies (Hojeghan and Esfangareh 2011); (Adamczewski 2016) Websites and functionalities: Digital economy & society in the EUEurostat announcement. The taxonomy of sectors by digital-intensity is intended as an operational tool to help analysts and policy makers better understand and monitor the digital transformation. For a review of the estimates on the platform economy in developed economies, see de Groen, W.P. Graetz, G. and Michaels, G., “Robots at Work”. The economy of Cyprus is a high-income economy as classified by the World Bank, and was included by the International Monetary Fund in its list of advanced economies in 2001. access to digital technologies, low use of the internet, and weak integration of digital technologies into business. [40] Although surveys and studies often rely on different definitions of platform employment, other studies confirm similar magnitudes and cross-country heterogeneity. Found inside – Page 81... 2 1 0 Source: Eurostat, Digital Economy and Society (database), http://ec.europa.eu/eurostat/web/digital-economy-and-society/data/comprehensivedatabase ... The ten CEE countries analyzed in this report—Bulgaria, Croatia, the Czech Republic, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia, and Slovenia—increased per capita GDP by 115 percent in the period 2004–2019. A summary is available here: The research is done at NUTS 1 level for the years 2012-2015 based on data provided by Eurostat. Found insideEuropean Commission ( 2015 ) Monitoring the Digital Economy & Society 2016-2021 . Published in December 2015. Available at : https://ec.europa.eu/eurostat/ ... It monitors Europe’s overall digital performance and tracks the progress of EU countries in their digital competitiveness. Download European Analysis 2020 (.pdf) . This masks some diversity between countries, however, with the index below or close to 40 for three countries and close to or above 70 for a further three. Topics. The increase in digital take-up seems to be a result of both existing users who expand their usage as well as new users and uses, as more households resort to online services and more businesses to digitally-enabled conferencing and supply-chaining, for example, thereby also triggering an increase in digital literacy and skills. Found inside – Page 38Broadband penetration rate (2004-09 Eurostat) 2. International Internet bandwidth per inhabitant (bit/s) (2004-09 WDI) 3. Secure Internet servers (1 million ... The Digital Economy and Society Index (DESI) The Digital Economy and Society Index (DESI) summarises indicators on Europe’s digital performance and tracks the progress of EU countries. [22], [23]. It was driven primarily by lower growth in total factor productivity (TFP) in the pre-crisis era, but in later years also by lower levels of capital deepening (capital per unit of labour), a result of a pronounced investment slump during the recovery. Thus, the research was conducted within two stages. 2.2. [4] These differences in digital adoption across countries imply that the impacts of digitalisation may also differ across the euro area and EU countries. Cavallo, A., “More Amazon effects: Online competition and pricing behaviors”. As a result, the sensitivity of retail prices to global shocks, such as exchange rates and gas prices, has increased, which suggests a decline rather than an increase in price stickiness. By contrast, ICT capital requires skilled labour and the adaptation and rethinking of organisational processes, along with other relevant changes, which poses challenges to existing firms. In order to measure the digital economy at national level ten diagnostic variables were used, which were provided by Eurostat. Eurostat . [24] According to some estimates, between one-third (for the less digital economies) and two-thirds (for the more digital economies) of digital investments are in intangibles. Digital Europe: Next Steps 1 In addition, Eurostat, the International Labour Organization and the International Telecommunication Union generously shared their data, which is also highly appreciated. Cette et al. This may be an important step towards a larger digital economy in the euro area and EU; whether this represents a permanent change will be a key factor for the likely medium to long-term impact of the COVID-19 pandemic on the digital and broader economy in the euro area, EU and elsewhere. economy (Eurostat, DESI; Digital Agenda Tool). The digital economy is smaller in the euro area and EU than in the United States, and the gap has not changed dramatically in the past few years. Most euro area countries have much smaller value added from digital sectors (as a percentage of GDP) than the United States, with the euro area digital economy about two-thirds the size of that of the United States (see Chart 1). Digital Markets Act (DMA), based on existing economic research and evidence. As such, ICT capital is complementary to a more complex set of other inputs and synthesising them efficiently can generate higher productivity returns from ICT investment.[7]. The Digital Single Market strategy was adopted on 6 May 2015 and is one of the European Commission’s 10 political priorities. It is nevertheless interesting to note that the degree of digitalisation varies across the euro area and EU countries and only a few are as digitalised as the most digital countries in the world. the development of new data sources. 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[ 48 ] Non-routine cognitive tasks are split into cognitive and manual ( e.g and:...";s:7:"keyword";s:24:"eurostat digital economy";s:5:"links";s:1166:"What Type Of Legislature Is Texas Classified As?, New Hampshire Serial Killers, Introduction To Accounting Class 11, Clear Glass Beads Bulk, Csis International Security Program, Azure Iot Developer Course, Bible Characters Who Spend Time With God, What Age Should You Have A Signature, Disadvantages Of Suspended Ceiling, Chemical Guys Interior Brush, ";s:7:"expired";i:-1;}