scholarly journals Revisiting the Nexus between Digital Economy and Economic Prosperity: Evidence from a Comparative Analysis

2021 ◽  
Vol 9 (2) ◽  
pp. 69-90
Author(s):  
Nidhal Mgadmi ◽  
Wajdi Moussa ◽  
Azza Béjaoui ◽  
Tarek Sadraoui ◽  
Afef Guachaoui
Keyword(s):  
Economic Growth ◽  
Information And Communication Technologies ◽  
Digital Technologies ◽  
Communication Technologies ◽  
Digital Economy ◽  
Economic Prosperity ◽  
Information And Communication ◽  
Short And Long Term ◽  
New Institutions

In this paper, we try to investigate the contribution of digitalization on economic growth in both developed and developing countries over the period 1990-2020. For this end, different econometric tools are applied on a panel dataset. Overall, we show that the digital technologies seem to significantly and positively affect economic growth in both groups of countries. The digitalization impact level tends to differ across countries. Our empirical results also display that the short- and long-term relationship between information and communication technologies and economic growth is well documented. Such results can be useful for policymakers to enhance the digital economy and provide novel channels to develop adequate policies and promote new institutions. So, benefits from digitalization can lead to realize substantial economic growth.

Role of ICT And Tourism in Economic Growth of India

2017 ◽  
Vol 1 (1) ◽  
pp. 1-16
Author(s):  
Surender Kumar ◽  
Karuna Chauhan ◽  
Abhay Kumar Srivastava
Keyword(s):  
Economic Growth ◽  
Information And Communication Technologies ◽  
Developing Economies ◽  
Communication Technologies ◽  
Annual Data ◽  
Equilibrium Relationship ◽  
Causality Tests ◽  
Information And Communication ◽  
Relationship Of

Tourism is being seen as an opportunity for the economic growth of developing economies as its demand is still growing. Over the years, tourism mediation has experienced major changes, including the arrival of the Internet and the application of Information and Communication Technologies (ICTs). This paper will investigates the relationship of ICT, tourism and growth of India by employing the cointegration, error correction models and Granger causality tests using annual data for last two decades. Major focus is to test the existence of long-term equilibrium relationship between international tourism, ICT and economic growth. In the Indian economy, it seems that tourism is led by economic growth and we are not able transform our strength in ICT to the expected level. In this study, we have made our efforts to highlight the ability of tourism, which can be made as leading factor to influence GDP through optimum use of ICT.

DEVELOPMENT OF THE DIGITAL ECONOMY AT THE CONTEMPORARY STAGE

2021 ◽  
Vol 5 (12) ◽  
pp. 25-29
Author(s):  
K. D. Kovaleva ◽  
◽  
A. A. Sagdeeva ◽  
Keyword(s):  
Information And Communication Technologies ◽  
Russian Federation ◽  
Digital Technologies ◽  
Communication Technologies ◽  
Developed Countries ◽  
Digital Economy ◽  
Information And Communication ◽  
The Russian Federation ◽  
The Developed Countries

The article examines the role of digitalization in modern market relations. The key aspects of the development of the digital economy are reflected, as well as the role of IT companies in the global eco-nomic arena. The experience of digitalization in the Russian Federation, aspects of the development of information and communication technologies are considered. The structure of expenses of households and organizations of various sectors of the economy in terms of the use of information and communication technologies and digital technologies has been analyzed. The developed countries of the world are actively involved in the implementation of digital technologies, both at the enterprise level and at the level of all countries. The econ-omy of the Russian Federation, which is part of the global world economic system, is also trying to make the most of the benefits of digitalization. Households in the Russian Federation actively use information and com-munication technologies to improve their quality of life. In addition, the article presents data on various software tools that are currently used by Russian companies.

scholarly journals A sustainable economy for Senegal: A transition to a digital-based economy

2018 ◽  
Vol 6 (12) ◽  
pp. 11-25
Author(s):  
NDIAYE SOULEYMANE
Keyword(s):  
Economic Growth ◽  
Information And Communication Technologies ◽  
Positive Impact ◽  
Estimation Method ◽  
Communication Technologies ◽  
Distributed Lag ◽  
Information And Communication ◽  
Auto Regressive ◽  
The Impact

The purpose of this article is to analyze the sustainability of the Senegalese economy towards a digital transition. To do this, this work focused on modeling the relationship between digital technologies and economic growth. We applied the ARDL (Auto-Regressive Distributed Lag) estimation method to model the long-term and short-term dynamics of the impact of the digital economy on economic growth in Senegal. The results of the estimates, as part of the specification used, lead to the conclusion that there is a positive impact of information and communication technologies (ICT) on economic growth. These results are mainly due to the productive nature of investment and factor productivity.

scholarly journals IMPERATIVES OF THE DIGITAL ECONOMY DEVELOPMENT IN UKRAINE

2021 ◽  
Vol 06 (04(01)) ◽  
pp. 39-46
Author(s):  
Tetiana Halimon Tetiana Halimon
Keyword(s):  
Economic Development ◽  
Information And Communication Technologies ◽  
Business Models ◽  
Digital Technologies ◽  
Communication Technologies ◽  
Business Environment ◽  
Digital Economy ◽  
The World ◽  
Information And Communication ◽  
Traditional Economy

The priority vector of development of many countries of the world is digital transformation and creation of a hypercompetitive digital economy. The key trend of modern global economic development in all countries of the world is the rapid spread of information and communication, digital technologies and the development of the digital economy, which causes changes in the business environment, transaction methods and the level of connections between individual entities. The digital economy is an innovative dynamic economy based on the active introduction of innovations and information and communication technologies in all types of economic activities and spheres of society, which increases the efficiency and competitiveness of individual companies, the national economy and living standards. In the third wave of globalization, the digital economy plays an important role in the development of countries, the most important factor of which is information and knowledge, as well as ways to access them. Increasingly, the digital economy is intertwined with the traditional economy, making clear demarcations increasingly difficult. The main products of the digital economy are the same goods and services of the traditional economy provided by computer equipment and digital systems such as the global Internet. However, the rapid development of digitalization is becoming a source not only of new opportunities, but also of serious threats and problems for all segments of the population that need to be taken into account. That is, the digitalization of the economy and all spheres of public life, on the one hand, becomes a challenge and threat to established business models and successful strategies of behavior of enterprises in a market economy, on the other - opens new opportunities for improvement and competitive advantage. Digitalization has significant benefits for economic development. Benefits at the level of the whole society include: economic and social effect of digital technologies for business and society; improving the quality of life; increasing the productivity of all social labor; the emergence of new models and forms of business that can increase profitability and competitiveness; increasing the transparency of economic transactions and ensuring the possibility of their monitoring. Key words: digital economy, innovative activity, innovative development, competitiveness, scientific and technological progress, information and communication technologies, information society.

scholarly journals Development of labor potential in the context of digitalization of the Russian economy

2021 ◽  
Vol 19 (4) ◽  
pp. 29-42
Author(s):  
Elena F. Nikitskaya ◽  
N. Yu. Sorokina ◽  
Mary A. Valishvili
Keyword(s):  
Information And Communication Technologies ◽  
Digital Technologies ◽  
Communication Technologies ◽  
Digital Economy ◽  
Russian Economy ◽  
Information And Communication ◽  
Widespread Dissemination ◽  
Labor Potential

The article is devoted to the study of theoretical and practical aspects of the transformation of labor potential and staffing in the process of formation of the digital economy. The authors identified the professional and user areas of application of digital technologies, substantiated their relationship with organizational and managerial innovations. The prerequisites for the widespread dissemination of information and communication technologies and the development of innovative networks are substantiated.

scholarly journals ICT Lifecycle and its major Role in the Development of Strategic Intelligence

2013 ◽  
Vol 3 (2) ◽  
Author(s):  
Francisco Carlos Paletta ◽  
Nilson Dias Vieira Junior
Keyword(s):  
Information And Communication Technologies ◽  
New Technologies ◽  
Communication Technologies ◽  
Sustainable Growth ◽  
Digital Information ◽  
Information And Communication ◽  
Increase Productivity ◽  
Short And Long Term

In this article, we focus on the role of Information and Communication Technologies - ICT - to create additional sources of competitive advantage that can help companies to prepare themselves for sustainable growth. First, we discuss the dynamics of ICTs and the ability to generate innovations with a direct impact on business. Then we present the need for greater balance between goals of short and long term on IT projects. In the third part, we discuss how these new technologies have helped to increase the productivity of information professionals as well as to enhance the decision-making process and the satisfaction of the end customer. To conclude, the main challenges that the technology-based companies will have to face in relation to the management of the lifecycle of their technology, is consolidation and simplification of their processes within their computing environments, aiming to increase productivity and develop agile environments that allow the organizations to meet the demands of managing digital information.

Digitalization of the Economy As an Important Factor in the Formation of New Trends in the Labour Market

2020 ◽  
Vol 8 (6) ◽  
pp. 59-70
Author(s):  
Vasiliy Svistunov ◽  
Elena Mitrofanova ◽  
Vitaliy Lobachyev ◽  
V. Bakieva ◽  
D. Polulyahova
Keyword(s):  
Labor Market ◽  
Information And Communication Technologies ◽  
Russian Federation ◽  
Management Practices ◽  
Swot Analysis ◽  
Digital Technologies ◽  
Communication Technologies ◽  
Digital Economy ◽  
Information And Communication ◽  
The Russian Federation

The article analyzes the key digital technologies and their impact on the formation of new trends in the labor market. Particular attention is paid to the stages of development of the digital economy and the current state of Affairs in the practical application of information and communication technologies in the Russian Federation. A meaningful analysis of the key digital technologies, the practical use and application of which make modern business successful and effective in terms of its final results. The article presents the results of the analysis of indices (indicators) most commonly used in practice to assess the level of development of information and communication technologies in various countries of the world community. Based on the analysis of the values of various indexes using the methodology of SWOT-analysis, assessed the situation in the Russian Federation practical use of information and telecommunication technologies. The main reasons for the insufficient use of ICT in the development of the Russian economy are highlighted. The result of the analysis was the identification of the main factors that positively affect the effectiveness of the use of digital technologies in the production and management practices of domestic companies. The article presents the author’s position on the new trends of the labor market, formed as a response to the increasingly active penetration of the digital economy in the socio-economic sphere of society.

The Digital Economy, ICT and Economic Growth in the CEE Countries

2015 ◽  
Vol 10 (3) ◽  
pp. 247-262 ◽  
Author(s):  
Łukasz Arendt
Keyword(s):  
Economic Growth ◽  
Information And Communication Technologies ◽  
Communication Technologies ◽  
General Purpose ◽  
Digital Economy ◽  
Gdp Growth ◽  
Eastern European ◽  
General Purpose Technologies ◽  
Information And Communication ◽  
The Impact

This paper focuses on the relationship between Information and Communication Technologies, GDP growth and productivity in the Central and Eastern European (CEE) countries. It elaborates on measures of the digital economy/information society, emphasizing the role of complementary factors to ICT that are crucial for the productive use of these General Purpose Technologies. The paper discusses the impact of technical progress, induced by the development of ICT, on sources of economic growth by describing changes in the contribution of ICT capital and non-ICT capital, labour and TFP to GDP growth in the CEE and EU-15 countries.

scholarly journals The effect of digital technology development on economic growth

2021 ◽  
pp. 25-36
Author(s):  
Inna Irtyshcheva
Keyword(s):  
Economic Growth ◽  
Information And Communication Technologies ◽  
Technology Development ◽  
Digital Technologies ◽  
Communication Technologies ◽  
Developed Countries ◽  
Capital Investments ◽  
Economic Activities ◽  
Information And Communication ◽  
The Impact

The article simulates the impact of the digital technologies’ development on economic growth, which makes it possible to find ways to improve the quality of various spheres of life and identify areas of the economy, the accelerated digitalization of which will ensure an increase in gross domestic product (GDP). The research used groupings of economic activities that directly influence the development of the digital economy. Using the data of regression models, the coefficients of GDP elasticity from the development of the studied sectors were calculated and used to forecast GDP under the development influence of the studied sectors while maintaining the existing trends. The dynamics of the e-commerce market development in Ukraine, the dynamics of production volumes of products (services) of the main types of economic activities in the field of digital transformation of the economy in Ukraine, the dynamics of financial results of enterprises in the information and telecommunications sector in Ukraine, the dynamics of capital investments in the field of information and communications of Ukraine, the dynamics of foreign investment in the development of the type of economic activity “information and telecommunications” in Ukraine, the dynamics of the development of the main areas of digitalization of the Ukrainian economy in 2010-2018 and the dynamics of GDP in actual prices were revealed. A correlation and regression analysis of the impact of the main indicators of the digital technologies sectors development on Ukraine's GDP is also carried out. The forecast extrapolation trend of production growth volumes of products and services in the information sector of Ukraine was built. A forecast of GDP growth in Ukraine has been constructed, taking into account the processes of digitalization of the economy in accordance with certain trends. The forecast dynamics of changes in GDP under the influence of the IT sector development until 2023 was also illustrated. It was found that Ukraine lags significantly behind most developed countries in terms of the level of industrial production development of information and communication technologies and equipment, Ukraine is completely import-dependent in this area. It has been proved that stimulating the development of information and communication technologies has significant prospects for activating digitalization processes in all spheres of the economy and society and increasing GDP.

scholarly journals Developmental delays of healthcare in the digital economy

2021 ◽  
Vol 110 ◽  
pp. 01034
Author(s):  
Ekaterina Merzlyakova ◽  
Irina Ershova ◽  
Evgeniy Bridskiy
Keyword(s):  
Information And Communication Technologies ◽  
Digital Technologies ◽  
Communication Technologies ◽  
Digital Economy ◽  
Digital Transformation ◽  
Patent Law ◽  
Healthcare Sector ◽  
Information And Communication ◽  
Regulatory Decisions ◽  
Operational Processes

Currently, the driver of the development of socio-economic systems is their digital transformation. Information and communication technologies have significantly simplified a number of organizational and operational processes of companies in all sectors of the economy. In healthcare, ICTs have found their way into improving communication solutions. However, in general, the digital transformation of this area is much broader, and current trends, problems and prospects for its activation require additional scientific research. The study outlines promising directions for the development of the healthcare sector, based on the introduction of artificial intelligence, robotics, 3D printing and other end-to-end digital technologies. The trends examined in the course of the study made it possible to speak not only about promising directions for the introduction of key digital technologies in the healthcare sector, but also about the presence of a number of limitations. In particular, the activation of these processes in Russia is hindered by gaps in patent law and licensing. The article identifies possible management and regulatory decisions to overcome the existing limitations. The research results can be used as a theoretical basis for managing the development of the healthcare sector in the digital economy.

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