Independent report

The economic benefits of trade digitalisation

This report by London School of Economics’s Trade Policy Hub explores the potential economic benefits of digital trading systems on the UK economy.

• From: Department for Business and Trade
• Published: 26 July 2024

Documents

Benefits of the digitalisation of trade processes and cross border barriers to their adoption

PDF, 1.48 MB, 50 pages

Details

The research sets out:

• the importance of services trade in the UK economy
• the relationship between exporting services, productivity, employment and output
• a model which estimates a 1.3% rise in UK gross domestic product (GDP) following the universal adoption of digital trading systems

Published 26 July 2024