Policies to support ICT investment are a strategic tool to spur the digital transformation and enhance productivity and growth. However, while most countries do carry out some forms of ICT investment policy, very little is known about the effects of these policies.
This report uses a standard gravity setup to analyse the determinants of e-commerce, using data on online credit card payments by private Spanish customers of the multinational bank BBVA.
This paper analyses the role of the digital transformation for business dynamics across countries. The analysis combines unique harmonised data on business dynamics for 15 countries with a multi-dimensional measure of digital intensity that takes into account different facets of the digital transformation.
A better understanding of what robots actually do and to what extent they are used across countries and sectors can help policy makers design policies aimed at smoothing the transition towards industry 4.0. This report sheds light on automation trends and their effect on employment.
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Digital transformation represents an opportunity for improving productivity growth by enabling innovation and reducing the costs of a range of business processes. Yet despite the rapid advance of digital technologies, aggregate productivity growth has slowed over the past decade or so, raising the question of how digital technologies can boost productivity.
This paper investigates the hypothesis that the real contribution of ICT investment may be masked in official statistics because intermediate ICT expenditures embodied in non-ICT capital assets are not treated as ICT investment.
The application of digital technologies holds the potential to reshape existing policies and enable innovative policy design and rigorous impact evaluation. From the first pioneering experiences of policy applications, it is possible to identify four areas in which digital transformation promises to improve policy making.
The objective of this report is to support the review and design of policies to ensure that they are well‑suited to the digital era. It examines key properties – or “vectors” – of the digital transformation that fundamentally affect the economy and society and accordingly the design and efficacy of public policies.