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| 02315cam 2200313za 4500 |
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| 001 | 9.848067 |
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| 003 | CaOODSP |
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| 005 | 20221107153603 |
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| 007 | cr ||||||||||| |
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| 008 | 171129s2017 oncd #ob f000 0 eng d |
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| 040 | |aCaOODSP|beng |
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| 041 | |aeng|bfre |
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| 043 | |an-cn--- |
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| 086 | 1 |aFB3-7/2017-20E-PDF |
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| 245 | 00|aDigitalization and inflation |h[electronic resource] : |ba review of the literature / |cKaryne Charbonneau ... [et al.]. |
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| 260 | |aOttawa : |bBank of Canada, |cc2017. |
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| 300 | |aiii, 14 p. : |bgraphs |
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| 490 | 1 |aStaff analytical note = Note analytique du personnel, |x2369-9639 ; |v2017-20 |
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| 500 | |aTitle from cover. |
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| 504 | |aIncludes bibliographical references. |
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| 520 | |a"In the past few years, many have postulated that the possible disinflationary effects of digitalization could explain the subdued inflation in advanced economies. In this note, we review the evidence found in the literature. We look at three main channels. First, we find that changes in the prices of information and communication technology-related goods and services included in the CPI have had a negligible effect on inflation in Canada. Second, we find that, due to the small share of e-commerce in Canada and the remarkably similar behaviour of online and offline prices, the “Amazon effect” has only had a small disinflationary impact to date. As e-commerce grows, however, downward pressure on inflation may amplify in the future through increased competition, but digitalization may also increase market concentration. Finally, although cost-efficient technologies should lead to increased productivity, which would put downward pressure on inflation, this effect has yet to appear in the statistics. Overall, we find it unlikely that digitalization has so far had a significant effect on inflation in Canada."--Abstract, p. ii. |
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| 546 | |aText in English, abstract in English and French. |
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| 692 | 07|2gccst|aElectronic commerce |
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| 692 | 07|2gccst|aInflation |
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| 692 | 07|2gccst|aEconomic indicators |
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| 700 | 1 |aCharbonneau, Karyne. |
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| 710 | 2 |aBank of Canada. |
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| 830 | #0|aStaff analytical note,|x2369-9639 ; |v2017-20.|w(CaOODSP)9.807323 |
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| 856 | 40|qPDF|s493 KB|uhttps://publications.gc.ca/collections/collection_2017/banque-bank-canada/FB3-7-2017-20-eng.pdf |
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