Digitalization and its impact on economic growth
Digitalization transforms the traditional concepts of economic growth and
competitiveness. This article studies the effect of digitalization on Russia’s economic
growth. As indicators measuring the impact of digitalization processes on economic
growth, the study used the Gross Domestic Product per capita, the Global Competitiveness
Index, the Index of Digital Life, the Digital Adoption Index, and the Resilience Index.
Their in-depth examination based on a three-pronged model showed that the state of the
macroenvironment and the readiness of the population for digital transformation do not
allow digital technologies to affect the economic growth rate seriously.
JEL Classification: F43; O34; O4.
Keywords: Digital adoption index digital transformation global competitiveness index index of digital life resilience index three-pronged assessment model