IDEAS home Printed from https://ideas.repec.org/a/eee/jpolmo/v47y2025i3p551-568.html
   My bibliography  Save this article

Digital Consumption Index for ASEAN-6: A proxy developed with China as benchmark

Author

Listed:
  • Wu, Shaoying
  • Ho, Yew Joe

Abstract

The nexus between economic growth and digitalization is increasingly intertwined. Challenges related to data availability and continuity have posed significant impediments to the development of viable measurements, such as the digital economy index and digital adoption index, for tracking the level of digitalization in emerging markets like the ASEAN-6. This paper introduces a proxy digital economy index that is both concise and adaptable to mitigate the current shortcomings. Employing a hierarchical equal-weighted method with China as the benchmark, a short series of the Digital Consumer Index was computed from 2017 to 2022. The findings of the paper suggests that ASEAN-6 nations must collectively intensify their efforts to bolster digital transformation. The proposed index establishes a foundational framework for future advancements. It facilitates a more immediate assessment of the digital economy's trajectory within ASEAN countries, allowing policymakers to make informed decisions while concurrently setting the stage for more comprehensive digital economy accounting practices in the future.

Suggested Citation

  • Wu, Shaoying & Ho, Yew Joe, 2025. "Digital Consumption Index for ASEAN-6: A proxy developed with China as benchmark," Journal of Policy Modeling, Elsevier, vol. 47(3), pages 551-568.
    • Handle: RePEc:eee:jpolmo:v:47:y:2025:i:3:p:551-568
    DOI: 10.1016/j.jpolmod.2024.08.001
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0161893824001182
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.jpolmod.2024.08.001?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jpolmo:v:47:y:2025:i:3:p:551-568. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/505735 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.