Digital technology, GAFA companies and the changing business world: growth trends in the ethereal economy 20 years later

Elena Sanchez Arnau (), Antonia Ferrer Sapena () and Enrique Alfonso Sanchez Perez ()
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Elena Sanchez Arnau: Universitat Politecnica de Valencia.
Antonia Ferrer Sapena: Universitat Politecnica de Valencia.
Enrique Alfonso Sanchez Perez: Universitat Politecnica de Valencia.

Technium Social Sciences Journal, 2023, vol. 39, issue 1, 350-369

Abstract: Taking a historical perspective, we analyze the economic growth of GAFA companies, and how they fit into the indicators that measure global human development. We explore the limits of growth -assuming that economic growth is inherent to good economic performance- by studying these cases, which are relevant insofar as they lead global economic growth in the new digital-based ("ethereal") economy. Our methodological approach contrasts the growth patterns of GAFA companies with general human growth parameters. This case-to-global study finds clear trends, suggesting that the ethereal economy is constrained only by the limits of human growth.

Keywords: Big Data; Linear trend; GAFA; ethereal economy; growth (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:tec:journl:v:39:y:2023:i:1:p:350-369

DOI: 10.47577/tssj.v39i1.7703

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