Gabriel Quirós highlights the problems of digitization to establish accurate productivity indicators



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## Gabriel Quirós highlights the problems of digitization to establish accurate productivity indicators

02/07/2018 |
SCP

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* [![International Economics international-economics ConferenciaVR-02](/com/noticies/2018/06/2q/international-economics/ConferenciaVR-02.jpg)](#)

The Spanish Association of International Economics and Finance (AEEFI) and the Institute of International Economics of the Universitat Jaume I (IEI), with the collaboration of Vila-real City Council, have hold the 29th Conference on International Economics and the 7th Meeting on International Economics at the headquarters of the UJI in Vila-real.

Gabriel Quirós, deputy director of the International Monetary Fund, has offered the plenary talk on digitalization and the productivity slowdown. In his speech, he explained that, in fact, "there has been a slowdown in productivity growth, but not in the extent that the GDP numbers show" since other key factors have to be taken into account. In this regard, he noted that "one of the main problems in measuring productivity has to do with the appearance of digital products in the household non market production and the difficulties in adjusting the increase in quality price from digitalization".

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