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Digitalization and its impact on economic growth

Author

Listed:
  • Ariadna Aleksandrova
  • Yuri Truntsevsky
  • Marina Polutova

Abstract

Digitalization transforms the traditional concepts of economic growth andcompetitiveness. This article studies the effect of digitalization on Russia’s economicgrowth. As indicators measuring the impact of digitalization processes on economicgrowth, the study used the Gross Domestic Product per capita, the Global CompetitivenessIndex, the Index of Digital Life, the Digital Adoption Index, and the Resilience Index.Their in-depth examination based on a three-pronged model showed that the state of themacroenvironment and the readiness of the population for digital transformation do notallow digital technologies to affect the economic growth rate seriously. JEL Classification: F43; O34; O4.

Suggested Citation

  • Ariadna Aleksandrova & Yuri Truntsevsky & Marina Polutova, 2022. "Digitalization and its impact on economic growth," Brazilian Journal of Political Economy, Center of Political Economy, vol. 42(2), pages 424-441.
    • Handle: RePEc:ekm:repojs:v:42:y:2022:i:2:p:424-441:id:2331
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    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/2331/2276
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    Citations

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    Cited by:

    1. Hung, Ngo Thai, 2023. "Green investment, financial development, digitalization and economic sustainability in Vietnam: Evidence from a quantile-on-quantile regression and wavelet coherence," Technological Forecasting and Social Change, Elsevier, vol. 186(PB).
    2. Makoza, Frank, 2023. "Analyzing policy change of Malawi ICT and Digitalization policy: Policy Assemblage Perspective," EconStor Preprints 273309, ZBW - Leibniz Information Centre for Economics.

    More about this item

    Keywords

    Digital adoption index; digital transformation; global competitiveness index; index of digital life; resilience index; three-pronged assessment model;
    All these keywords.

    JEL classification:

    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

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