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EU enlargement: Digital economy in Europe: Evaluation of countries’ performances

Author

Listed:
  • Nela Miloševiæ

    (University of Belgrade, Faculty of Organizational Sciences, Jove Iliæa 154, Belgrade, Serbia)

  • Marina Dobrota

    (University of Belgrade, Faculty of Organizational Sciences, Jove Iliæa 154, Belgrade, Serbia)

  • Slaðana Barjaktaroviæ Rakoèeviæ

    (University of Belgrade, Faculty of Organizational Sciences, Jove Iliæa 154, Belgrade, Serbia)

Abstract

The accelerated expansion of the Internet as a communication tool, the mobile internet, and the social networks and commercial platforms, commonly observed as digitalisation, have greatly affected the functioning of the economy and with it also businesses, public institutions, and individuals. The state of the digitalisation of business and industry varies between the European Union (EU) countries and regions. Each economy struggles to keep up with digitalisation in order to keep their productivity and achievement on a high level. Using the Composite I-distance Indicator (CIDI) methodology, we have created a multivariate indicator that can serve as a measurement of digital economy performances. Furthermore, we evaluate and rank 28 countries in EU (EU-28), based on their digital performances. We made an in-depth comparative analysis of countries in Europe, providing information about each economy with information on where they currently stand in terms of digital economy and what steps they need to undertake to improve and boost up their position in the domain of digitalisation.

Suggested Citation

  • Nela Miloševiæ & Marina Dobrota & Slaðana Barjaktaroviæ Rakoèeviæ, 2018. "EU enlargement: Digital economy in Europe: Evaluation of countries’ performances," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 36(2), pages 861-880.
    • Handle: RePEc:rfe:zbefri:v:36:y:2018:i:2:p:861-880
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    References listed on IDEAS

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    5. Dongchu Han & Mianfang Liu, 2022. "How Does the Digital Economy Contribute to Regional Green Development in China? Evidence-Based on the Intermediary Effect of Technological Innovation," Sustainability, MDPI, vol. 14(18), pages 1-14, September.

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    More about this item

    Keywords

    digital economy; ranking; CIDI; evaluation of countries; EU countries;
    All these keywords.

    JEL classification:

    • C30 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - General
    • C49 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Other
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • P51 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems

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