Examining the Digital Economy-Economic Growth Relationship in OECD Countries: A Panel Data Analysis

Year 2024, Volume: 13 Issue: 3, 163 - 182, 31.12.2024

Sevilay Konya

Abstract

This study purposes to examine the impact of the digital economy on economic growth. The research was conducted in 36 Organisation for Economic Co-operation and Development (OECD) countries for the period 2003-2021 using the Driscoll-Kraay standard errors fixed effects estimator. Information and communication technology, mobile phone subscription, broadband subscription and internet usage were considered as digital economy indicators. The findings showed that information and communication technology, mobile phone subscription and internet usage significantly and positively affected economic growth. The impact of broadband subscription on growth turned out to be negative. In other words, the digital economy has significant effects on economic growth. These emerging effects draw an important framework for policymakers. The use of information and communication technology, creating employment opportunities in this field, ensuring equality in access to technology and increasing internet use can be expressed as important policy recommendations.

Keywords

Fixed effects, Digital economy, Economic Growth

OECD Ülkelerinde Dijital Ekonomi-Ekonomik Büyüme İlişkisinin İncelenmesi: Bir Panel Veri Analizi

Abstract

Bu çalışmada dijital ekonominin ekonomik büyüme üzerindeki etkisinin incelenmesi amaçlanmıştır. Araştırma 36 Ekonomik Kalkınma ve İş Birliği Örgütü (OECD) ülkesinde 2003-2021 dönemi için Driscoll-Kraay standart hatalar sabit etkiler tahmincisi kullanılarak yapılmıştır. Dijital ekonomi göstergesi olarak bilgi ve iletişim teknolojisi, mobil telefon aboneliği, geniş bant aboneliği ve internet kullanımı ele alınmıştır. Bulgular, bilgi ve iletişim teknolojisi, mobil telefon aboneliği ve internet kullanımının ekonomik büyümeyi önemli ve pozitif etkilediğini göstermiştir. Geniş bant aboneliğinin büyüme üzerindeki etkisi negatif olarak ortaya çıkmıştır. Yani dijital ekonominin ekonomik büyüme üzerinde önemli etkileri bulunmaktadır. Ortaya çıkan bu etkiler politika yapıcılar için önemli çerçeve çizmektedir. Bilgi ve iletişim teknolojisinin kullanımı, bu alanda istihdam olanakları oluşturulması, teknolojiye erişimde eşitlik sağlanması ve internet kullanımının artırılması önemli politika önerileri olarak ifade edilebilir.

Keywords

Sabit etkiler, Dijital ekonomi, Ekonomik Büyüme

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