Email this article 
Digitalization as a driver of economic growth
- Authors: Varnavskii V.G.1
-
Affiliations:
- V.A. Trapeznikov Institute of Control Sciences of the Russian Academy of Sciences
- Issue: No 2 (2024)
- Pages: 63-78
- Section: Digitalization and artificial intelligence
- URL: https://journals.eco-vector.com/0869-0499/article/view/676255
- DOI: https://doi.org/10.31857/S0869049924020058
- EDN: https://elibrary.ru/zmxrdu
- ID: 676255
Cite item
Open Access
Access granted
Abstract
The purpose of this paper is to assess the impact of digitalization on global economic growth and employment over the past 20–30 years. The waves of digitalization are highlighted, the dynamics and components of its material basis – the Information and Communication Technology (ICT) – are studied. Methods of mathematical statistics and common methods for analyzing time series, economic cycles and trends, structural shifts, regressions were used. Databases of such specialized agencies as UNCTAD, WTO, OECD, the US National Scientific Council, the Bureau of Economic Analysis USA, etc. are used as the main sources of digital and factual information. The main trends of the last 10–15 years have been calculated and justified: the exit of the ICС complex after the crisis of 2008–2009 to stationary growth trajectories; the beginning of the second wave of digitalization in 2015–2016, intensified by the COVID-19 pandemic; the advanced development of ICС services, etc.
Keywords
Full Text
About the authors
Vladimir G. Varnavskii
V.A. Trapeznikov Institute of Control Sciences of the Russian Academy of Sciences
Author for correspondence.
Email: varnavsky@imemo.ru
ORCID iD: 0000-0003-1772-1800
Doctor of Sciences (Economics), professor, Leading Research Fellow
Russian Federation, 117997, Moscow, Profsoyuznaya Street, 65References
- Аренков И.А., Салихова Я.Ю., Сайфутдинов А.А. (2021) Цифровая трансформация: направления исследований и цифровые риски// Креативная экономика. Том 15. № 7. С. 2757–2776. https://doi.org/10.18334/ce.15.7.112414
- Arenkov I.A., Salixova Ya.Yu., Sajfutdinov A.A. (2021) Cifrovaya transformaciya: napravleniya issledovanij i cifrovye riski [Digital transformation: research trends and digital risks]. Kreativnaya ekonomika, vol. 15, no. 7, pp. 2757–2776. https://doi.org/10.18334/ce.15.7.112414 (In Russ.)
- Вызовы цифровой трансформации и бизнес высоких технологий (2019) / Под ред. д.э.н. Н.А. Кравченко, д.э.н. В.Д. Марковой. Новосибирск: ИЭОПП СО РАН. 352 с. https://doi.org/10.36264/CHALLENGES2019KNA
- Vyzovy cifrovoj transformacii i biznes vysokix tehnologij (2019) [Challenges of digital transformation and high technologies business] / N.A. Kravchenko, V.D. Markova, N.P. Baldina i dr. / pod red. d.e.n. N.A. Kravchenko, d.e.n. V.D. Markovoj. Novosibirsk: IE`OPP SO RAN. 352 s. (http://lib.ieie.nsc.ru/docs/2019/Kravchenko_Markova_Vizovi_cyfrovoy_transformacii.pdf) (In Russ.)
- Прохоров А., Коник Л. (2019) Цифровая трансформация. Анализ, тренды, мировой опыт. Издание второе, исправленное и дополненное. М.: ООО «Ком Ньюс Груп». 368 с. (https://xn--80aqm2b.xn--p1ai/wp-content/uploads/2021/09/digital_transformation_book.pdf).
- Prohorov A., Konik L. (2019) Cifrovaya transformaciya. Analiz, trendy, mirovojopyt [Digital transformation. Analysis, trends, world experience] Izdanie vtoroe, ispravlennoe i dopolnennoe. M.: OOO «Kom N`yus Grup». 368 s. (https://xn–80aqm2b.xn–p1ai/wp-content/uploads/2021/09/digital_transformation_book.pdf ) (In Russ.)
- Сологубова Г.С. (2023) Составляющие цифровой трансформации: монография. М: Издательство «Юрайт». 147 с.
- Sologubova G.S. (2023) Sostavlyayushhie cifrovoj transformacii [Components of digital transformation] monografiya / G.S. Sologubova. M.: Izdatel`stvo “Yurajt”. 147 s. (In Russ.)
- Фёдоров И.Г., Сотников А.Н. (2022) Анализ и обоснование эффекта цифровой трансформации предприятий и организаций // Открытое образование. Т. 26. № 5. C. 61–69. https://doi.org/10.21686/1818-4243-2022-5-61-69
- Fyodorov I.G., Sotnikov A.N. (2022) Analiz i obosnovanie effekta cifrovoj transformacii predpriyatij i organizacij [Analysis and justification of the effect of digital transformation of enterprises and organizations] // Otkrytoe obrazovanie, vol. 26, no. 5, рp. 61–69. https://doi.org/10.21686/1818-4243-2022-5-61-69 (In Russ.)
- Atkinson R.D. (2018) How ICT Can Restore Lagging European Productivity Growth. ITIF. 62 p. (https://espas.secure.europarl.europa.eu/orbis/sites/default/files/generated/document/en/2018-ict-eu-productivity-growth.pdf).
- Gordon R.J. (2018) Why Has Economic Growth Slowed When Innovation Appears to be Accelerating? // NBER Working Papers 24554. 27 p. https://doi.org/10.3386/w24554
- Myovella G., Karacuka M., Haucap J. (2020) Digitalization and economic growth: A comparative analysis of Sub-Saharan Africa and OECD economies // Telecommunications Policy. vol. 44, issue 2, 101856. https://doi.org/10.1016/j.telpol.2019.101856
- Pradhan R.P., Mallik G., Bagchi T.P. (2018) Information communication technology (ICT) infrastructure and economic growth: A causality evinced by cross-country panel data // IIMB Management Review. vol. 30, issue 1, March 2018, pp. 91–103. https://doi.org/10.1016/j.iimb.2018.01.001
Supplementary files
