1. Digital Change in the Economy
Richard Heys
Deputy Chief Economic Adviser
26 April 2017

2. “You can see the computer age everywhere but in the productivity statistics” (Solow 1987)

3. Issues Digital free goods replacing purchased goods Home production
Home assets
Digital intermediation
Quality change

4. Digital Free Goods

5. Home Production and Home Assets
The Enlightened Economist
Economics and business books

6. Digital Intermediation

7. Quality change
Source: ‘Cost and Value of Communications Services in the UK’, Ofcom, 2014

8. ONS Initiatives

9. Any questions? Richard Heys Deputy Chief Economic Adviser
26 April 2017