Economics of data (Part 4: The data economy)

Economics of data (Part 4: The data economy) Phuah Eng Chye (29 August 2020) Does the new information economy have new economics, in the long run? When the economy shifted from agrarian to industrial, economists focused on capital accumulation and removed land from production functions. As we shift from an industrial to a knowledge economy, … “Economics of data (Part 4: The data economy)”

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The services economy: Comparing the manufacturing and service paradigms

The services economy: Comparing the manufacturing and service paradigms Phuah Eng Chye (2 September 2017) The share of the manufacturing sector has been falling and that of services has been rising for decades in many advanced countries. Services is the dominant sector in advanced economies. Yet the services sector is often treated as a poor … “The services economy: Comparing the manufacturing and service paradigms”

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