02869nam a22003497a 4500 00006709 ES-MaONT 20220805062556.0 210920s2021 beld ||fr|||| 00| 0 eng d ES-MaONT 5178 DIGITALEUROPE The value of cross-border data flows to Europe : risks and opportunities / report prepared for DIGITALEUROPE [Brussels] : Frontier Economics, June 2021 49 p. : gráf. ; 1 documento PDF texto (visual) isbdcontent electrónico isbdmedia recurso en línea rdacarrier This report provides new, robust estimates of the economic cost to the EU of additional restrictions, and the potential economic gain that could result from liberalisation. Concludes1) Cross-border data flows are central to the EU economy, and especially its trade and investment. Many sectors, including high-value manufacturing, IT and information services, media, and cultural sectors, are highly reliant on data 2) The difference between a path that is moderately liberalising and one that is moderately restrictive is economically significant: worth a little over 1.5% in EU GDP per year 3) A moderately restrictive scenario is one in which the EU is unable to rely on GDPR transfer mechanisms, and in which trade partners increase their overall levels of restrictions on cross-border data flows. Our modelling suggests that such a scenario leads to a reduction in EU exports of around 4%, and in 1% of GDP per year 4)The majority of the pain is self-inflicted: a majority of the EU’s export losses in restrictive scenarios (around 58%) come from an increase in its own restrictions than from partner actions 5)By contrast, if the EU and major trade partners adopted measures to facilitate cross-border data transfers, EU exports as a whole would grow by a little over 2% per year, adding 0.6% to GDP per year 6) The impacts are likely to affect both large and small businesses. In EU manufacturing, small and medium enterprises account for 23% of exports 7)Assessing the impact of data flows on SMEs in service sectors is challenging due to data limitations. However, we know that SMEs account for 61% of the turnover of EU data-reliant services sectors Economía digital 2223 2198 Europa crecimiento económico flujo transfronterizo flujos de datos puestos de trabajo servicios digitales tecnología Transformación digital 5179 Frontier Economics https://euagenda.eu/upload/publications/frontier-digitaleurope-the-value-of-cross-border-data-flows-to-europe-risks-and-opportunities.pdf 0 Acceso al documento udc INF 6709 6709 0 0 0 3 1 7656 01 01 online 2021-09-20 0 1000020176902 2021-09-20 00:00:00 2021-09-20 INF pdf