nep-ict New Economics Papers
on Information and Communication Technologies
Issue of 2015‒01‒09
three papers chosen by
Walter Frisch
Universität Wien

  1. Digital piracy: an update By BELLEFLAMME, Paul; PEITZ, Martin
  2. Mapping 'Information Economy' Businesses with Big Data: Findings for the UK By Nathan, Max; Rosso, Anna; Bouet, Francois
  3. Knowledge Spillovers, ICT and Productivity Growth By Corrado, Carol; Haskel, Jonathan; Jona-Lasinio, Cecilia

  1. By: BELLEFLAMME, Paul (Université catholique de Louvain, CORE and LSM, Belgium); PEITZ, Martin (University of Mannheim)
    Abstract: This note summarizes and updates our previous survey of the economics of digital piracy (Belleflamme and Peitz, 2012).
    Keywords: information good, piracy, copyright, IP protection, internet, peer-to-peer, software, music
    JEL: L11 L82 L86
    Date: 2014–06–11
  2. By: Nathan, Max (London School of Economics); Rosso, Anna (National Institute of Economic and Social Research (NIESR)); Bouet, Francois (Growth Intelligence)
    Abstract: Governments around the world want to develop their ICT and digital industries. Policymakers thus need a clear sense of the size and characteristics of digital businesses, but this is hard to do with conventional datasets and industry codes. This paper uses innovative 'big data' resources to perform an alternative analysis at company level, focusing on ICT-producing firms in the UK (which the UK government refers to as the 'information economy'). Exploiting a combination of public, observed and modelled variables, we develop a novel 'sector-product' approach and use text mining to provide further detail on the activities of key sector-product cells. Overall, we find that the ICT production space is around 40% larger than SIC-based estimates, with almost 70,000 more companies. We also find ICT employment shares over double the conventional estimates, although this result is more speculative. Our findings are robust to various scope, selection and sample construction challenges. We use our experiences to reflect on the broader pros and cons of frontier data use.
    Keywords: quantitative methods, firm-level analysis, Big Data, text mining, ICTs, digital economy, industrial policy
    JEL: C81 L63 L86 O38
    Date: 2014–11
  3. By: Corrado, Carol; Haskel, Jonathan; Jona-Lasinio, Cecilia
    Abstract: This paper looks at the channels through which intangible assets affect productivity. The econometric analysis exploits a new dataset on intangible investment (INTAN-Invest) in conjunction with EUKLEMS productivity estimates for 10 EU member states from 1998 to 2007. We find that (a) the marginal impact of ICT capital is higher when it is complemented with intangible capital, and (b) non-R&D intangible capital has a higher estimated output elasticity than its conventionally-calculated factor share. These findings suggest investments in knowledge-based capital, i.e., intangible capital, produce productivity growth spillovers via mechanisms beyond those previously established for R&D.
    Keywords: economic growth; ICT; intangible assets; intangible capital; productivity growth; spillovers
    JEL: E01 E22 O47
    Date: 2014–07

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