Digitalization, Quality of Life and Purchasing Power

Roland Z. Szabó () and Márk János Tátrai
Additional contact information
Roland Z. Szabó: Corvinus University of Budapest
Márk János Tátrai: Corvinus University of Budapest

Theory Methodology Practice (TMP), 2020, vol. 16, issue 02, 97-102

Abstract: The World Economic Forum stated that while digitalization caused a rapid productivity growth, it has also had its disadvantages. Can digitalization be the catalyst of economic development? Our hypothesis contributes to the debate that the higher the level of digital development in a given country, the greater the quality of life and purchasing power it can achieve due to the benefits of various digital technologies. In our research, we investigated the relationship between the Digital Economy and Society Index (DESI), the Quality of Life Index (QLI) and the Purchasing Power Index (PPI) among the EU countries from 2014 to 2019. We acquired datasets from Eurostat and Numbeo and examined correlations between indices. We found a strong positive relationship between the level of digitalization, the quality of life, and the purchasing power.

Keywords: digitalization; ICT; transformation; European Union; middle income trap (search for similar items in EconPapers)
JEL-codes: E00 E01 E20 E21 I30 I31 (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations:

Downloads: (external link)
http://tmp.gtk.uni-miskolc.hu/volumes/2020/02/TMP_2020_02_10.pdf (application/pdf)

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:mic:tmpjrn:v:16:y:2020:i:02:p:97-102

Access Statistics for this article

Theory Methodology Practice (TMP) is currently edited by Zoltan Bartha

More articles in Theory Methodology Practice (TMP) from Faculty of Economics, University of Miskolc Contact information at EDIRC.
Bibliographic data for series maintained by ().