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National accounting and the digital economyy

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  • John Quiggin

Abstract

The construction of national accounts by Colin Clark and others was a major contribution to, and assisted the documentation of, the prosperity of the second half of the 20th century. In the 21st century, the crucial problem is to account for the value of information. Information is, naturally a public good, even though it is costly to produce. Moreover, the distinctions central to the 20th century economy, such as those between primary, secondary and tertiary industry, and between households and the market economy are increasingly irrelevant. These changes bring new policy challenges and, with them, the need for new systems of national accounting.

Suggested Citation

  • John Quiggin, 2014. "National accounting and the digital economyy," Economic Analysis and Policy, Elsevier, vol. 44(2), pages 136-142.
    • Handle: RePEc:eee:ecanpo:v:44:y:2014:i:2:p:136-142
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    Cited by:

    1. 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.
    2. Bukvić, Rajko, 2022. "Пет сила vs Дуги реп [Five Forces vs Long Tail]," MPRA Paper 114557, University Library of Munich, Germany.
    3. Bukvić, Rajko, 2022. "Дигитална Економија Као Претпоставка Бржег Развоја Руралних Подручја У Србији [Digital Economy as a Condition for Fastest Development of Rural Areas in Serbia]," MPRA Paper 115911, University Library of Munich, Germany, revised 2022.
    4. Bukvić, Rajko, 2022. "Влияние Интернета И Цифровой Экономики На Развитие Конкуренции: Что Мы Можем Сказать О Сербии [Impact of the Internet and Digital Economy on Development of Competition: What We Can Say about Serbia," MPRA Paper 113550, University Library of Munich, Germany, revised 2022.
    5. 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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