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How Important is the Media and Content Sector to the European Economy?

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Demand for Communications Services – Insights and Perspectives

Abstract

Many studies have been conducted to investigate the relationship between technology development and economic performance and to demonstrate the important role of information and communication technology (ICT) sectors.

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Notes

  1. 1.

    http://www.euractiv.com/priorities/sweden-admits-lisbon-agenda-failure/article-182797

  2. 2.

    ICT manufacturing consists of IT equipment, IT components, telecom and multimedia equipment, telecom equipment (e.g., network equipment, mobile phones), multimedia equipment (e.g., TVs, DVD players, and video game consoles) and measurement instruments, whereas ICT services consist of telecom services (e.g., fixed line, mobile telecommunications) and computer services and software (e.g., consultancy, software, the internet).

  3. 3.

    The more thorough estimation on deflating the IO table is explained, for instance, by Celasun (1984) in the case of Turkish structural change of economy. The same method using the sectorial producer price index and import price index can be seen in Zakariah and Ahmad (1999) on the Malaysian economy. This study only uses the GDP deflator to obtain the constant value of IO table. A similar method can be found in Akita (1991).

  4. 4.

    The 59 sectors category on the European Input-Output (IO) table based on ESA 95 is available from the principal author.

  5. 5.

    The original data are all in EUR, except for that of Sweden and Denmark. The transformation to EUR data uses the average exchange rate for 1995–2005. 1 EUR = 7.43 DKK = 8.96 SEK. Data retrieved 28 April 2010, from http://stats.oecd.org/Index.aspx?DataSetCode=CSP2009.

  6. 6.

    The dashed sectors correspond to media and content.

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Correspondence to Ibrahim Kholilul Rohman .

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Rohman, I.K., Bohlin, E. (2014). How Important is the Media and Content Sector to the European Economy?. In: Alleman, J., Ní-Shúilleabháin, Á., Rappoport, P. (eds) Demand for Communications Services – Insights and Perspectives. The Economics of Information, Communication, and Entertainment. Springer, Boston, MA. https://doi.org/10.1007/978-1-4614-7993-2_6

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