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The Feasibility of Productivity Improvement Using the Approach of Virtual Economy

Author

Listed:
  • Samira Ranjbar

    (Islamic Azad University, Islam Shahr Branch, Iran)

  • Ali Esmailzadeh Maghari

    (Islamic Azad University, Islam Shahr Branch, Iran)

Abstract

Given the crucial role of e-commerce to create knowledge-based economy, it can be called the most important context to enter the virtual economy. Increasing growth of e-commerce in developed countries and its competitive advantages as well as its important role in employment and production growth in the countries indicate that those countries have revised their current trade policies. The primary goal of this study is to investigate the relationship between productivity improvement and virtual economy. For hypotheses test, Pearson correlation coefficient and SPSS software were used. Summary and conclusion of research hypotheses suggest that there is a significant relationship between improving productivity and virtual economy, so all research hypothesis are confirmed.

Suggested Citation

  • Samira Ranjbar & Ali Esmailzadeh Maghari, 2017. "The Feasibility of Productivity Improvement Using the Approach of Virtual Economy," International Journal of Economics and Financial Issues, Econjournals, vol. 7(3), pages 371-376.
    • Handle: RePEc:eco:journ1:2017-03-48
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    References listed on IDEAS

    as
    1. Freund, Caroline L. & Weinhold, Diana, 2004. "The effect of the Internet on international trade," Journal of International Economics, Elsevier, vol. 62(1), pages 171-189, January.
    2. Freund, Caroline L. & Weinhold, Diana, 2000. "An Empirical Investigation of the Internet International Trade: The Case of Bolivia," Documentos de trabajo 5/2000, Instituto de Investigaciones Socio-Económicas (IISEC), Universidad Católica Boliviana.
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    More about this item

    Keywords

    Productivity Improvement; Virtual Economy; E-commerce; Pearson Correlation Coefficient;
    All these keywords.

    JEL classification:

    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

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