Digitalization and its impact on economic growth

Ariadna Aleksandrova (), Yuri Truntsevsky () and Marina Polutova ()

Brazilian Journal of Political Economy, 2022, vol. 42, issue 2, 424-441

Abstract: Digitalization transforms the traditional concepts of economic growth andcompetitiveness. This article studies the effect of digitalization on Russia’s economicgrowth. As indicators measuring the impact of digitalization processes on economicgrowth, the study used the Gross Domestic Product per capita, the Global CompetitivenessIndex, the Index of Digital Life, the Digital Adoption Index, and the Resilience Index.Their in-depth examination based on a three-pronged model showed that the state of themacroenvironment and the readiness of the population for digital transformation do notallow digital technologies to affect the economic growth rate seriously. JEL Classification: F43; O34; O4.

Keywords: Digital adoption index; digital transformation; global competitiveness index; index of digital life; resilience index; three-pronged assessment model (search for similar items in EconPapers)
Date: 2022
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