The Effects of Digitalization on Economic Growth: A Comparative Panel Data Analysis of EU and BRICS-T Countries

Ahmet Kasap

Makale detayları

The Effects of Digitalization on Economic Growth: A Comparative Panel Data Analysis of EU and BRICS-T Countries

Yazarlar:

Ahmet Kasap

Yayıncı:

Ataturk University

Ana Başlıklar:

Panel Veri Analizi | Uygulamalı Makro Ekonometri

Dergi:

Dynamics in Social Sciences and Humanities Vol.6 Issue 1, pp.10-24

Belge Tipi:

Makale

Yayın Tarihi:

3/2025

Belge Dili:

İngilizce

Document ID (Org No.):

2001344185

pISSN:

2980-0501

Anahtar kelimeler:

Özet:

 This study examines the influence of digitalization on economic growth through a comparative comparison of European Union EU countries and BRICS-T nations. The study employs panel data analysis, encompassing the years 2001 to 2022 for EU countries and 2003 to 2021 for BRICS-T countries. The findings indicate that in EU nations, variables such as internet utilization, fixed broadband availability, and gross fixed capital formation positively and considerably enhance economic growth. In BRICS-T nations, mobile phone subscriptions, internet utilization, and gross fixed capital formation are pivotal growth catalysts. Nonetheless, foreign direct investments and trade openness exhibit statistically minor effects in both regions. This research underscores the essential function of digital infrastructure in promoting economic development and offers policy recommendations to optimize the advantages of digitalization in both emerging and mature nations.

 This study examines the influence of digitalization on economic growth through a comparative comparison of European Union EU countries and BRICS-T nations. The study employs panel data analysis, encompassing the years 2001 to 2022 for EU countries and 2003 to 2021 for BRICS-T countries. The findings indicate that in EU nations, variables such as internet utilization, fixed broadband availability, and gross fixed capital formation positively and considerably enhance economic growth. In BRICS-T nations, mobile phone subscriptions, internet utilization, and gross fixed capital formation are pivotal growth catalysts. Nonetheless, foreign direct investments and trade openness exhibit statistically minor effects in both regions. This research underscores the essential function of digital infrastructure in promoting economic development and offers policy recommendations to optimize the advantages of digitalization in both emerging and mature nations.

 This study examines the influence of digitalization on economic growth through a comparative comparison of European Union EU countries and BRICS-T nations. The study employs panel data analysis, encompassing the years 2001 to 2022 for EU countries and 2003 to 2021 for BRICS-T countries. The findings indicate that in EU nations, variables such as internet utilization, fixed broadband availability, and gross fixed capital formation positively and considerably enhance economic growth. In BRICS-T nations, mobile phone subscriptions, internet utilization, and gross fixed capital formation are pivotal growth catalysts. Nonetheless, foreign direct investments and trade openness exhibit statistically minor effects in both regions. This research underscores the essential function of digital infrastructure in promoting economic development and offers policy recommendations to optimize the advantages of digitalization in both emerging and mature nations.

 Bu çalışma, Avrupa Birliği AB ülkeleri ile BRICS-T ülkeleri arasında karşılaştırmalı bir analiz yaparak dijitalleşmenin ekonomik büyüme üzerindeki etkisini araştırmaktadır. Panel veri analizinin kullanıldığı çalışma, AB ülkeleri için 2001-2022 dönemini, BRICS-T ülkeleri için ise 2003-2021 dönemini kapsamaktadır. Sonuçlar, AB ülkelerinde internet kullanımı, sabit genişbant erişimi ve gayrisafi sabit sermaye oluşumu gibi faktörlerin ekonomik büyümeye pozitif ve anlamlı bir şekilde katkıda bulunduğunu ortaya koymaktadır. BRICS-T ülkelerinde ise cep telefonu abonelikleri, internet kullanımı ve gayrisafi sabit sermaye oluşumu büyümenin temel itici güçleri olarak ortaya çıkmaktadır. Bununla birlikte, doğrudan yabancı yatırımlar ve ticari açıklık her iki bölgede de istatistiksel olarak önemsiz etkiler göstermektedir. Bu araştırma, dijital altyapının ekonomik kalkınmayı desteklemedeki kritik rolünü vurgulamakta ve hem gelişmekte olan hem de gelişmiş ekonomilerde dijitalleşmenin faydalarını en üst düzeye çıkarmak için politika önerileri sunmaktadır.

Makale detayları

The Effects of Digitalization on Economic Growth: A Comparative Panel Data Analysis of EU and BRICS-T Countries

Yazarlar:

Ahmet Kasap

Yayıncı:

Ataturk University

Ana Başlıklar:

Panel Veri Analizi | Uygulamalı Makro Ekonometri

Dergi:

Dynamics in Social Sciences and Humanities Vol.6 Issue 1, pp.10-24

Belge Tipi:

Makale

Yayın Tarihi:

3/2025

Belge Dili:

İngilizce

Document ID (Org No.):

2001344185

pISSN:

2980-0501

Digitalization

Economic Growth

European Union

BRICS-T

Panel Data AnalysisDijitalleşme

Ekonomik Büyüme

Avrupa Birliği

BRICS-T

Panel Veri Analizi

Sayı

Makale detayları

Yazarlar: Ahmet Kasap

Yayıncı: Ataturk University

Ana Başlıklar: Panel Veri Analizi | Uygulamalı Makro Ekonometri

Dergi: Dynamics in Social Sciences and Humanities Vol.6 Issue 1, pp.10-24

Belge Tipi: Makale

Yayın Tarihi: 3/2025

Belge Dili: İngilizce

Document ID (Org No.): 2001344185

pISSN: 2980-0501

Sayı

Yazarlar:

Ahmet Kasap

Yayıncı:

Ataturk University

Ana Başlıklar:

Panel Veri Analizi | Uygulamalı Makro Ekonometri

Dergi:

Dynamics in Social Sciences and Humanities Vol.6 Issue 1, pp.10-24

Belge Tipi:

Makale

Yayın Tarihi:

3/2025

Belge Dili:

İngilizce

Document ID (Org No.):

2001344185

pISSN:

2980-0501