A Comparison of Approaches to Deflating Telecoms Services Output
Presented by: Richard Heys, UK Office for National Statistics
ESCoE Research Seminar, Tuesday 16 January 2018, 16.30-17.30
National Institute of Economic and Social Research, 2 Dean Trench Street, Smith Square, London SW1P 3HE
The telecommunications services industry has experienced very large technological progress in the past decades, as measured by technological output metrics. However, the industry’s economic output statistics do not appear to reflect this. In this ESCoE Research Seminar Richard Heys discusses recent research, co-authored with Mo Abdirahman (UK Office for National Statistics), Diane Coyle (University of Manchester) and Will Stewart (The Institution of Engineering and Technology), which indicates that standard measures of output and productivity growth in the telecommunications services industry between 2010 and 2015 are significantly downward biased.
Richard Heys is Deputy Chief Economist at the UK Office for National Statistics. He has responsibility for economics statistics research and productivity statistics. He holds degrees from Balliol College, Oxford and University College London. His recent work has focussed on measuring the modern economy.
The event is free but registration is required. To ensure attendance please RSVP to: escoeRSVP@niesr.ac.uk
Thursday, January 04, 2018