Assessing the Impact of Digitalization on Unemployment, SME Activity, and Gross Income in Russian Regions
Year: 2024
Type: preprint
Abstract: Digitalization is having an ever-greater impact on all spheres of society, including the economy. However, the domestic literature on the impact of digitalization on various economic indicators is quite limited. The purpose of this study is to assess the impact of digitalization on a number of economic indicators in Russian regions, namely the unemployment rate, SME performance indicators, and GRP per capita. As a result of econometric modeling using panel data for 76 Russian regions over the period 2014–2021, it was found that there was (1) a negative correlation between the share of online sales in total retail sales and the unemployment rate, (2) a positive relationship between the level of online sales and SME performance indicators, and (3) a positive relationship between the level of online sales and per capita GRP. These findings can be used in the development of economic policy, signaling the importance of promoting the growth of e-commerce through balanced regulation of sellers on marketplaces and the prevention of marketplace monopolization.
Authors: Polbin, Andrey, Ivakhnenko, Tatiana
Institution: Gaidar Institute for Economic Policy
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W7203783233