International Congress on Eurasian Economies
15-17 May 2025 – Konya - TÜRKİYE
Paper properties
Paper ID : 2955
Status : Paper submitted to journal
Language : Turkish
Topic : Growth and Development
Presenter: Asst. Prof. Dr. Hasan Boztoprak
Session : 1B Büyüme
The Impact of Information and Communication Technologies on Digital Economy in BRICS Countries and Türkiye: A Panel Data Analysis
BRICS Ülkeleri ve Türkiye’de Bilişim ve İletişim Teknolojilerinin Dijital Ekonomiye Etkisi: Panel Veri Analizi
- Asst. Prof. Dr. Hasan Boztoprak (Istanbul Beykent University, Türkiye)
- Kenan Orçanlı (Istanbul Beykent University, Türkiye)
- Asst. Prof. Dr. İlkay Erarslan (Istanbul Beykent University, Türkiye)
Abstract
Information and communication technologies (ICT) are recognized as key drivers of the knowledge economy, playing a pivotal role in enhancing digital economy, competitiveness, and innovation capacity. In the rapidly evolving global technological landscape, understanding the dimensions of ICT's impact on digital economy has garnered significant attention in the literature. However, comprehensive analyses of this relationship, particularly in developing economies, remain limited. Within this context, this study aims to investigate the influence of ICT usage and diffusion on digital economy in BRICS countries and Türkiye. The theoretical framework of the study is constructed based on key approaches in the literature that examine the role of ICT in digital economy. The dependent variable employed in this study is Gross Domestic Product (GDP, current US$), while the independent variables include ICT service exports (% of service exports, BoP), the proportion of individuals using the Internet (% of population), patent applications by residents, and other similar variables. These variables were identified through an extensive literature review and incorporated to strengthen the theoretical foundation of the study. The analysis utilizes a panel dataset covering the period from 2000 to 2023 for BRICS countries, employing panel data analysis methods. This approach enables the simultaneous modeling of both temporal and country-specific effects, facilitating a comprehensive assessment of dynamic relationships.
JEL codes: O10, O32
