Our paper is here. Estimation of the impact of open data on the economy in macro-level using DSGE analysis.
This study regards the data owned by national and local governments (public data) as infrastructure that will support the future development of Japanese society and economy. This article estimated the volume of public and private database assets and the impact of the provision of public sector data as open data on Japanese macro-economy.
The study estimated the value of data stocks owned by administrative bodies as well as
private corporations by regarding them as “database assets”, and simulated the impact of the provision of public data as open data on Japanese macro-economy. The estimated value of data assets comes to about 2.7 trillion yen for private sector data and about 3.7 trillion yen for public sector data. The provision of public data as open data was estimated to boost up GDP by 158.6 billion yen to 701 billion yen, depending on the assumed parameters. The study clarified the potential of public data to be used as a new type of infrastructure and showed the effect of such use quantitatively by estimates based on published data, thereby could contribute to the related fields of study.