How much economic growth can you generate from making a private dataset open? Let’s create a simple model. Assume firms have total factor productivity , with baseline . When a firm has access to new data relevant to its production, it moves to TFP with is the proportional TFP boost from using the data, . A fraction of firms can use ( for any given data release). The other firms do not directly use the data. However, there are some spillover benefits to them, which have strength . The non-da...
