The production side of ‘digitalisation’ and its impacts

Anniversary Fund of the Oesterreichische Nationalbank
September 2019 – February 2021

The project comprises four main tasks linking the production and use side of the digital sector.

In the first task the production and supply side of the ICT goods and services sectors is studied. An overview of the ICT industry across countries is provided based on various data sources at the industry and firm level. Determinants of ICT industries’ performance and drivers of investment by ICT superstars across the European Union are analysed.

The second task then focuses on the patterns of trade of ICT goods and services linking the supply side of the digital sector to its demand. Furthermore, the impact of technical regulations and standards embedded within Technical Barriers to Trade (TBT) on patterns of trade flows of ICT goods are analysed.

Task three focuses on the investment in ICT capital assets and building up of an ICT capital stock across countries and industries. Gross capital formation and capital stocks in different asset types and their contribution to employment and value added growth will be studied.

Finally, the fourth task is devoted to a comparative analysis of the bias of ICT driven technical change – that is expected to be in general labour-saving and capital using in the industrialised countries though differing across countries and industries. Finally, in the last part of task we study whether and how ICT driven technical change impacts on structure of labour demand by various groupings.