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Economic development in the digital age
[Экономическое Развитие В Цифровую Эпоху]

Author

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  • Abroskin, Alexander (Аброскин, Александр)

    (The Russian Presidential Academy of National Economy and Public Administration)

  • Zaitsev, Yury (Зайцев, Юрий)

    (The Russian Presidential Academy of National Economy and Public Administration)

  • Idrisov, Georgiy (Идрисов, Георгий)

    (The Russian Presidential Academy of National Economy and Public Administration)

  • Knobel, Alexander (Кнобель, Александр)

    (The Russian Presidential Academy of National Economy and Public Administration, Russian Foreign Trade Academy)

  • Ponomareva, Ekaterina (Пономарева, Екатерина)

    (The Russian Presidential Academy of National Economy and Public Administration)

Abstract

The key element of technological progress at the end of the 20th century was the computerization of industrial production and other sectors of the economy, which was replaced by digitalization at the beginning of the 21st century. The basis of digitalization is based on more complex technologies, not always related to the telecommunications sector, capable of significantly changing the processes of interaction between economic agents and the methods of organizing production. According to the authors, due to the lack of a single internationally recognized definition and methodology for assessing the digital economy, inter-country and intertemporal comparisons of the contribution of the digital sector to GDP are difficult. The paper presents estimates according to which the size of the digital economy in Russia ranges from 1 to 3.7% of GDP, and analyzes the complexity of correctly estimating the growth rate of well-being as a result of digitalization. The report also analyzes the impact of digitalization on various macroparameters of the economy, taking into account the interests of all economic agents.

Suggested Citation

  • Abroskin, Alexander (Аброскин, Александр) & Zaitsev, Yury (Зайцев, Юрий) & Idrisov, Georgiy (Идрисов, Георгий) & Knobel, Alexander (Кнобель, Александр) & Ponomareva, Ekaterina (Пономарева, Екатерина), 2019. "Economic development in the digital age [Экономическое Развитие В Цифровую Эпоху]," Published Papers 021922, Russian Presidential Academy of National Economy and Public Administration.
  • Handle: RePEc:rnp:ppaper:021922
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