Book Description

Report of a government investigation to better understand the role of digital trade -- domestic commerce and international trade conducted via the Internet -- in the U.S. and global economies, as well as the effects of barriers and impediments to digital trade that impede U.S. access to global markets. The analysis provides findings at three levels: at the firm level, through 10 case studies; at the industry level, through a survey of U.S. businesses; and at the economy-wide level, using computable general equilibrium and econometric models. This analysis shows that digital trade contributes to economic output by improving productivity and reducing trade costs. Digital trade's combined effects of increased productivity and lower trade costs are estimated to have increased U.S. real GDP by $517.1-$710.7 billion (3.4-4.8%). Figures and tables. This is a print on demand report.