Data, Intangible Capital, and Productivity: Literature review, Theoretical framework and Empirical evidence on the UK

Summary

The UK economy faces the challenge of understanding and accurately measuring the contribution of data capital to productivity growth, especially in relation to other intangible assets. This report addresses this by outlining a methodological approach to estimate data capital investment and stock, augmenting the traditional sum-of-cost method with data from a representative survey of UK firms. The findings confirm that growth in data capital significantly contributes to labour productivity growth across the UK economy.

Key Facts

Source Document

https://example-government.gov/policy-document-link