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The Quality of Growth and Digitalization in the Eurasian Integration Countries: An Econometric Analysis

Author

Listed:
  • B. D. Khusainov

    (Economic Research Institute)

  • A. A. Shirov

    (Institute of Economic Forecasting, Russian Academy of Sciences)

  • N. A. Baizakov

    (Economic Research Institute)

Abstract

— The article presents the results of an analysis of the impact of digitalization on the development trends and quality of growth of the economies of the Eurasian Economic Union member states. A comprehensive analysis of the phenomenon “quality of growth” is performed. The determinants of the quality of growth of the national economies that form the Eurasian Economic Union are analyzed. The novelty of the study lies in the construction and implementation of an econometric model for assessing the impact of digitalization indicators on national income growth, international and national inequality, and precarization of employment in the five Eurasian economies. The results confirm the hypothesis of multidirectional influence of information and communication technologies on the rates and quality of the economic growth of individual countries and integration unions.

Suggested Citation

  • B. D. Khusainov & A. A. Shirov & N. A. Baizakov, 2022. "The Quality of Growth and Digitalization in the Eurasian Integration Countries: An Econometric Analysis," Studies on Russian Economic Development, Springer, vol. 33(5), pages 547-554, October.
    • Handle: RePEc:spr:sorede:v:33:y:2022:i:5:d:10.1134_s1075700722050082
    DOI: 10.1134/S1075700722050082
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    References listed on IDEAS

    as
    1. Long, Xianling & Ji, Xi, 2019. "Economic Growth Quality, Environmental Sustainability, and Social Welfare in China - Provincial Assessment Based on Genuine Progress Indicator (GPI)," Ecological Economics, Elsevier, vol. 159(C), pages 157-176.
    2. Askar Akaev & Andrei Rudskoy & Bulat Khusainov & Zoltan Zeman, 2022. "Information Model for Calculating the Rate of Technical Progress," Studies on Entrepreneurship, Structural Change and Industrial Dynamics, in: Andrei Rudskoi & Askar Akaev & Tessaleno Devezas (ed.), Digital Transformation and the World Economy, pages 23-39, Springer.
    3. A. A. Akaev & V. A. Sadovnichii, 2021. "The Human Component as a Determining Factor of Labor Productivity in the Digital Economy," Studies on Russian Economic Development, Springer, vol. 32(1), pages 29-36, January.
    4. Bulat Khusainov & Asset Nussupov & Sholpan Kaimoldina & Aleksandr Shirov, 2022. "Assessment of the Quality of Growth of National Economies in the Context of Digital Transformation," Studies on Entrepreneurship, Structural Change and Industrial Dynamics, in: Andrei Rudskoi & Askar Akaev & Tessaleno Devezas (ed.), Digital Transformation and the World Economy, pages 67-86, Springer.
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