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How the U.S. Census Bureau e-commerce figures overestimate output and online sales

Author:
Betancourt, Roger R.
Source:
Economics letters 2018 v.172 pp. 157-159
ISSN:
0165-1765
Subject:
e-commerce, income, sales, United States
Abstract:
I identify biases in the definition of e-commerce employed by the Census Bureau. They arise from using a concept based on the role of ICT in a transaction that is measured empirically on the basis of sales/revenues. I quantify this bias as a measure of output growth in the retail sector for the most important e-commerce retail sector at the NAICS 4-digit level (4541). In addition, a range of estimates for the bias as a measure of the growth of actual online sales in this sector is derived. Potential solutions are provided in a concluding section.
Agid:
6144183