THE IMPACT OF DIGITIZATION IN ENSURING SUSTAINABLE ECONOMIC GROWTH AT THE NATIONAL LEVEL

Elena-Andreea Guran and Eduard-Nicușor Papulete
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Elena-Andreea Guran: Nicolae Bălcescu Land Forces Academy
Eduard-Nicușor Papulete: Nicolae Bălcescu Land Forces Academy

Revista Economica, 2023, vol. 75, issue 2, 78-86

Abstract: Considering today s technical and technological progress, digitization represents a clear solution in ensuring an appropriate development that responds to new trends and that ensures the successful achievement of strategic national development objectives. Thus, this paper aims to analyze the contribution of digitization to the growth of the national economy in a sustainable way and our goal in finding new solutions for overall development of our country to match the other countries in European Union. In the study, we sought to highlight the most relevant factors of the digitization process with direct involvement in the sustainable development of the economy. To carry out this research, we used the factor analysis method with the help of the IBM-SPSS software to select the representative variables. The purpose of using this analysis method is to identify the factors with the strongest impact/role on the development of digital infrastructure at the level of the national economy in order to support a sustainable development, having as a reference base the evolution of some representative indicators that marked this process during 2017 - 2022. The evolution and dynamics of the influencing factors resulting from the research determine the detailed analysis and the identification of potential discrepancies between the digital transformation process and the proposed objectives.

Keywords: Factor Analysis; Digitization; Economic Development; Sustainability (search for similar items in EconPapers)
JEL-codes: C15 C87 F10 F20 O33 O44 O52 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:blg:reveco:v:75:y:2023:i:2:p:78-86

DOI: 10.56043/reveco-2023-0018

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