Growth in the digital economy has scrambled statistics – IMF paper
Research from the International Monetary Fund has highlighted how an underestimation of digital sector output has led to underestimated growth and overstated inflation for many countries.
In a report that looks to measure the digital economy, the fund examines whether there have been errors in calculating digital sector productivity – having knock-on effects for wider growth figures.
“Where research and data exist … they indicate that underestimation of digital sector output could subtract 0.3
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