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DTEND:20260429T133000
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DTSTAMP:20260420T125044
LOCATION:Macquarie University City Campus Level 24\, 123 Pitt Street Sydney 2000 NSW
DESCRIPTION:Professor Kevin Fox has developed a framework for valuing digital leisure activities and producing expanded measures of economic activity. His research shows that households use their time\, capital and digital products to produce digital leisure activities&mdash\;such as instant messaging\, video calling\, emailing and social networking&mdash\;that generate value for households and their networks\, yet are not captured in GDP due to the absence of a valuation method.
Drawing on a multi-wave online survey of a representative sample of the UK population\, he estimates valuations based on the compensation households would require to forego these activities for a period of time. In contrast to consumption-based approaches that extend GDP using consumer welfare measures\, his production-based approach focuses on broader measures of economic activity within a satellite accounts framework consistent with SNA principles. His findings suggest that expanded economic activity is consistently more than 8% higher than GDP\, with significant implications for understanding economic and productivity growth.
Join us from 12.30 - 1.30pm at 123 Pitt Street (Level 24) or online via Microsoft Teams.
This is a free event for members and $10 for Non-Members
Registration and Joining this Webinar
To register please book online below. The link to join this event will be automatically generated and sent within your confirmation invoice.&nbsp\;
The timing of this event is AEDT&nbsp\;(SYD/CBR/MEL).
URL;VALUE=URI:http://esansw.org.au/event/66018
SUMMARY:Rethinking GDP in the Digital Age: The Case for Productive Screentime
DTSTART:20260429T123000
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