Page 201 - Contributed Paper Session (CPS) - Volume 8

CPS2237 Fadzilah Aini Mutaffa et al.
c. Conceptual Framework
Since there was no standard definition for the digital economy, it is very
hard to construct a framework to measure DESA. DOSM is in the process of
studying the framework of DESA based on the activities undertaken in the
Malaysia Economy.
d. Importance of GDP and Digital Supply-Use Table (SUT)
Digital SUT describes how the new tables expand on the current standard
supply and use tables. It also identifies the various industries and product
classification that have been developed for use in the account (OECD, 2018).
It is understood that the GDP digital economy and SUT digital economy play
a vital role to compile a comprehensive Digital Economy satellite account. In
order to have the GDP on Digital Economy, the economic census
questionnaires need to be improvised; which can accommodate questions on
the digital economy. However, there is a problem to determine what data to
collect due to lack of sufficient guidelines in the digital economy.

6. Conclusion
The momentum of ICT technology development is rapidly expanding, but
the scope of the digital economy is still in the grey area and there is no
standard manual, methodology or specific guidance on how to measure the
digital economy. Therefore, international comparisons are difficult to measure
between countries. To overcome the above-mentioned challenges, DOSM is
preparing references to acquire training / courses and workshops related to
the digital economy, especially in compiling satellite accounts of expertise.
DOSM is in high demand to engage in specialized compilations with adequate
training on satellite accounts, digital economics and ecommerce statistics to
meet the needs of data from multiple users.

References
1. Ahmad, N., & Ribarsky, J. (2018). Towards a Framework for Measuring the
Digital Economy. 16th Conference of the International Association of
Official Statisticians (IAOS). Paris.
2. Bukht, R., & Heeks, R. (2017). Defining, Conceptualising and Measuring
the Digital Economy. United Kingdom: Centre for Development
Informatics Global Development Institute, SEED.
3. Bukht, R., & Heeks, R. (2018). Digital Economy Policy: The Case Example
of Thailand. United Kingdom: Centre for Development Informatics Global
Development Institute, SEED.
4. Eleventh Malaysia Plan. (2016-2020). Driving ICT in the Knowledge
Economy. Economic Planning Unit, Prime Ministers Department.

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