IT contribution to GDP
27 نوفمبر 2021 2021-11-25 20:40IT contribution to GDP
What is your explanation of the following statement?
“For 40 years the contribution of the information sector to GDP has remained only 4-5%. “
Question is closed for new answers.
الأستاذ الدكتور نبيل العربي Selected answer as best
This is mostly because GDP reflects what we actually pay for goods and services and how this is reflected on companies’ revenues. Since most of the information sector services are free or
with a price way below what they actually worth so their contribution in the GDP is very small relative to their importance and the huge consumer surplus they generate
نوران احمد رافت ابو العنين Answered question
