01272nam a22001577a 4500999001900000008004100019100004700060245003500107260003600142300003300178520072500211773003600936906002700972942000700999952010801006  c527453d527453240830b           ||||| |||| 00| 0 eng d  aVeldkamp, Laura  and Chung, Cindy  957642  aData and the aggregate economy  aJournal of Economic Literature   a 62(2), Jun, 2024: p.458-484  aRecent data technology innovations, such as artificial intelligence and machine learning, have transformed the production of knowledge and increased the importance of data. This review explores how data—digitized information—has been modeled within classic macroeconomic frameworks. It compares the economics of data to other concepts such as ideas, patents, and learning-by-doing. This paper also shows potential ways to model applications for data, including innovation, process optimization, and matching. Because this research area is nascent, much of the article is devoted to open questions and directions for future data economy research.- Reproduced 

https://www.aeaweb.org/articles?id=10.1257/jel.20221580
  aJournal of Economic Literature   aINFORMATION TECHNOLOGY  cAR  00102ddc40709402540aIIPAbIIPAd2024-08-30h 62(2), Jun, 2024: p.458-484pAR132894r2024-08-30yAR