Digitalization and its impact on economic growth

Vol. 42 No. 2 (2022)

Apr-Jun / 2022
Published May 5, 2022
PDF-English
PDF-English

How to Cite

Aleksandrova, Ariadna, Yuri Truntsevsky, and Marina Polutova. 2022. “Digitalization and Its Impact on Economic Growth”. Brazilian Journal of Political Economy 42 (2):424-41. https://doi.org/10.1590/0101-31572022-3306.

Digitalization and its impact on economic growth

Ariadna Aleksandrova
Graduate School of Industrial Economics, Peter the Great St. Petesburg Polytechnic University, St. Petersburg, Russia Federation.
Yuri Truntsevsky
Institute of Legislation and Comparative Law under the Government of the Russian Federal, Moscow, Russin Federation. Department of Methodology of Combating Corruption, Institute of Legislation and Comparative Law under the Government of the Russian Federation, Moscow, Russian Federation.
Marina Polutova
Zabaykalskiy State University, Chita, Russian Federation.
Brazilian Journal of Political Economy, Vol. 42 No. 2 (2022), Apr-Jun / 2022, Pages 424-441

Abstract

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