Влияние цифровизации на экономику России

Gasanov, Oscar (2022): Влияние цифровизации на экономику России. Published in: Finance and Credit , Vol. 28, No. 7 (28 July 2022): pp. 1534-1553.

Abstract

Subject. The development of digital technologies and their impact labor productivity and economic growth in the country. Objectives. Measuring the impact of digital technologies on labor productivity and economic growth in Russia. Methodology and Data.The regression estimation was carried out by the Two-Stage Least Square method. Information and communication technology (ICT) expenditures and investment in assets aimed at purchasing ICT equipment were used as input variables. In line with previous authors' research, the regression equation is supplemented with measures of change in the ICT sector: ICT infrastructure extent, ICT usage, and ICT consumer empowerment. The data of Rosstat, the Bank of Russia and the International Data Corporation were used. Results. Our results indicate the presence of common properties of ICT development on labor productivity and economic growth. The statistically significant impact of ICT Spending and Investment of ICT was found on labor productivity and economic growth. The influence of ICT infrastructure development indicators on the studied variables is insignificant. ICT usage and empowerment are not statistically significant. The positive impact of the growth of ICT Spending and ICT Investments on Labor productivity and Economic growth in Russia has been established. However, the hypothesis about the positive impact of ICT infrastructure development on these indicators is not confirmed.

• Item Type: MPRA Paper
• English Title: The impact of digitalization on the Russian economy
• Language: Russian
• Keywords: digital technologies, information and communication technologies, labor productivity, economic growth
• Subjects: E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E22 - Investment ; Capital ; Intangible Capital ; Capacity; E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E24 - Employment ; Unemployment ; Wages ; Intergenerational Income Distribution ; Aggregate Human Capital ; Aggregate Labor Productivity; O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O33 - Technological Change: Choices and Consequences ; Diffusion Processes

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