Much of her research addresses the changing digital economy and the role that information and communication technology (ICT) has had on economic and productivity growth.
[4] Further, a large portion of her work with The Conference Board has been on the topic of the knowledge economy and the role of intangible assets in driving innovation and growth on both the microeconomic and macroeconomic level.
They point out how accounting practices have lagged behind the "technological revolution" which has increased the level of intangible investment in the United States economy.
[5] Since being published in 2009 Intangible Capital and U.S. Economic Growth has received considerable international recognition, winning the Kendricks Prize and being cited in Businessweek, the Economist, and the New York Times.
To fix this Corrado recommends that we need to "repoint" GDP to account for prices that are "quality-adjusted" in the rapidly expanding "knowledge economy" which is experiencing a digital paradigm.
Thus a reappointed GDP measure needs to redefine and reestablish the "boundary line" between non-market and market production that has become increasingly blurred by digitization.
[8] Corrado was the first place recipient of the Indigo Prize in 2017 for her work calculating the remaining GDP for the 21st century, additionally, she has received a special achievement award from the Board of Governors of the Federal Reserve System in 1998.
[9] In 2010 she was the winner of the Kendricks Prize awarded by the International Association of Research on Income and Wealth for her paper Intangible Capital and U.S. Economic Growth.