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Digital transformation and economic growth - DESI improvement and implementation

Abstrakt

The paper aims to improve the methodology of the Digital Economic and Society Index (DESI), the European Commission’s newest index to assess the development of the digital economy. In particular, we investigate whether methodological changes to the structure of DESI improve its ability to capture the digital transformation of EU economies. Using the sensitivity- based analysis, we check whether the selection of weights of individual elements included in the DESI is optimal or should be improved. We also verify the importance of DESI in explaining changes in GDP per capita in EU econo- mies. In the literature, we find that digital transformation has enabled the creation of new business models and maximized efficiency in traditional firms. Using DESI, we empirically test whether the gap between rich and poor countries in European Union can be closed or eliminated through rapid and intensive digital transformation. Our results show that the DESI – when modified by eliminating the pillars on internet services and digital public services – has the same explanatory power. Connectivity is the dimension with the largest impact on digital transformation in EU countries. We also find that DESI is a signifi- cant regressor to explain changes in GDP per capita in EU countries

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Wersja publikacji
Accepted albo Published Version
DOI:
Cyfrowy identyfikator dokumentu elektronicznego (otwiera się w nowej karcie) 10.3846/tede.2022.16766
Licencja
Creative Commons: CC-BY otwiera się w nowej karcie

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Informacje szczegółowe

Kategoria:
Publikacja w czasopiśmie
Typ:
artykuły w czasopismach
Opublikowano w:
Technological and Economic Development of Economy nr 28, strony 775 - 803,
ISSN: 2029-4913
Język:
angielski
Rok wydania:
2022
Opis bibliograficzny:
Olczyk M., Kuc-Czarnecka M.: Digital transformation and economic growth - DESI improvement and implementation// Technological and Economic Development of Economy -Vol. 28,iss. 3 (2022), s.775-803
DOI:
Cyfrowy identyfikator dokumentu elektronicznego (otwiera się w nowej karcie) 10.3846/tede.2022.16766
Źródła finansowania:
  • COST_FREE
Weryfikacja:
Politechnika Gdańska

wyświetlono 501 razy

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