Publicly supported developments in the fourth industrial revolution: Comparison of selected countries and Turkey

Gulsema Cetinkaya () and Nazan Susam ()
Additional contact information
Gulsema Cetinkaya: Bandirma Onyedi Eylul University/TURKEY
Nazan Susam: Istanbul University/TURKEY

JOURNAL OF LIFE ECONOMICS, 2021, vol. 8, issue 4, 413-429

Abstract: The fourth industrial revolution has increased public investment and transfer expenditures, R&D studies, public support and incentives to a certain extent in many countries.With the obtained data, it is possible to say that public expenditures and supports have an important place fort he growth and development of the country’s economy. The aim of the study is to examine the impact of the fourth industrial revolution on public expenditures. The new technologies that emerged in each industrial revolution has accelerated globalization by making the world a little smaller. Moreover, countries that have successfully followed these developments have begun to gain an advantage in global competition. This situation has been effective in the governments supporting the digital transformation experienced with the fourth industrial revolution with public expenditures and infrastructure works.

Keywords: Industry 4.0; Fourth Industrial Revolution; Digital Transformation; Public Expenditures (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:jle:journl:jlecon8402

DOI: 10.15637/jlecon.8.4.02

Access Statistics for this article

JOURNAL OF LIFE ECONOMICS is currently edited by Ozge Uysal SAHIN

More articles in JOURNAL OF LIFE ECONOMICS from Holistence Publications
Bibliographic data for series maintained by Mehmet SAHIN ().