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Can Central and Eastern European countries lead on digitalization? Using Digi-Index to analyse technological progress and potential

Author

Listed:
  • Andreea-Diana Vodă

    (Department of Marketing, Tourism-Services and International Affairs, Transylvania University of Brasov, Eroilor 29, Brasov, Romania)

  • Gabriel Brătucu

    (Department of Marketing, Tourism-Services and International Affairs, Transylvania University of Brasov, Eroilor 29, Brasov, Romania)

  • Andra Ioana Maria Tudor

    (Department of Marketing, Tourism-Services and International Affairs, Transylvania University of Brasov, Eroilor 29, Brasov, Romania)

  • Rareș Brătucu

    (Department of Marketing, Bucharest University of Economic Studies, Romania)

  • Ioana Bianca Chițu

    (Department of Marketing, Tourism-Services and International Affairs, Transylvania University of Brasov, Eroilor 29, Brasov, Romania)

  • Lavinia Dovleac

    (Department of Marketing, Tourism-Services and International Affairs, Transylvania University of Brasov, Eroilor 29, Brasov, Romania)

  • Alina Simona Tecău

    (Department of Marketing, Tourism-Services and International Affairs, Transylvania University of Brasov, Eroilor 29, Brasov, Romania)

  • Adrian Trifan

    (Department of Finance, Accounting and Economic Theory, Transylvania University of Brasov, Romania)

Abstract

The degree of digitalization and potential of growth in this sector are the new criteria that split the countries into various groups. The aim of this research is to find an easier and faster method of assessing the level of digitalization for countries, over different periods, having a sample 10 countries from Central and Eastern Europe. The research compares and groups these countries, determining the impact of four additional variables on their digitalization level. There were combined multiple analyses including comparative, cluster and panel analysis. As a result, we defined a new standardized indicator, named Digi-Index, which can be adapted for various time ranges, countries or study groups. Academic researchers or business practitioners can use the Digi-Index, the clusters and their characteristics to build development plans for the digital sector, based on each country's conditions, potential and influence factors.

Suggested Citation

  • Andreea-Diana Vodă & Gabriel Brătucu & Andra Ioana Maria Tudor & Rareș Brătucu & Ioana Bianca Chițu & Lavinia Dovleac & Alina Simona Tecău & Adrian Trifan, 2022. "Can Central and Eastern European countries lead on digitalization? Using Digi-Index to analyse technological progress and potential," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 72(4), pages 437-455, December.
    • Handle: RePEc:aka:aoecon:v:72:y:2022:i:4:p:437-455
    DOI: 10.1556/032.2022.00030
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    JEL classification:

    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
    • C38 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Classification Methdos; Cluster Analysis; Principal Components; Factor Analysis
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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