Tracking the Economic Value of Embedded Digital Technology: A Supply-Side Methodology

This methodological report indicates a way forward in estimating the economic role of embedded digital technology (EDT) from the supply side. We propose a more holistic approach to the production and diffusion of ICT and we develop the foundation of a methodology that would ultimately take into account the overall use and impact of embedded digital technology in the productive process.
Technological, economic and statistical arguments support our approach. Current technological development no longer accommodates clear borderlines between ICT and non-ICT goods or between general purpose computers and embedded digital devices.