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Digest Finance
 

A method to measure activities in the digital economy

Vol. 25, Iss. 3, SEPTEMBER 2020

PDF  Article PDF Version

Received: 8 July 2020

Received in revised form: 20 July 2020

Accepted: 1 August 2020

Available online: 29 September 2020

Subject Heading: RISKS, ANALYSIS AND EVALUATION

JEL Classification: B26, C15, C18, F01, L81

Pages: 261–273

https://doi.org/10.24891/df.25.3.261

Butenko E.D. North-Caucasus Federal University (NCFU), Stavropol, Stavropol Krai, Russian Federation
edbutenko@gmail.com

https://orcid.org/0000-0002-6717-9282

Isakhaev N.R. North-Caucasus Federal University (NCFU), Stavropol, Stavropol Krai, Russian Federation
isakhaev2014@gmail.com

ORCID id: not available

Subject. We make our own method to evaluate the economic value of activities as part of the digital economy and examine its impact on the national economy and Russia’s GDP, in particular. The article presents the digital economy of Russia in figures. We make suggestions on the use of new sources of data, methods for data collection and processing, which would be consistent with the modern digital reality.
Objectives. We carry out our own comprehensive study into the measurement of the digital economic activity, present our own method and the respective outcome.
Methods. Considering specific goals and objectives, we applied economic, economic-mathematical, statistical, logic and other methods of research, data processing and summary.
Results. We present our own technique for measuring the economic value of the digital economic activity in the Russian Federation.
Conclusions and Relevance. There are several methods for such measurements in the world. Each of them have its own strengths and weaknesses. We devised an independent product promising to become a recognized statistical study for purposes of the digital economy measurement.

Keywords: digital product, digital economy, service, measurement, e-commerce

References:

  1. Butenko E.D. [Definition of the digital economy. Opinion, views, estimates]. Vestnik Severo-Kavkazskogo federal'nogo universiteta = Newsletter of North-Caucasus Federal University, 2020, no. 3, pp. 209–223. URL: Link (In Russ.)
  2. Kuznetsov V.V., Natocheeva N.N. [Assessing the impact of e-commerce on economic development]. Ekonomika i predprinimatel'stvo = Journal of Economy and Entrepreneurship, 2019, no. 2, pp. 945–948. (In Russ.)
  3. Stebenyaeva T.V., Larina T.S., Znamenskaya A.N. [The digital economy and its products: The specifics of users' social perception]. Sovremennye nauchnye issledovaniya i razrabotki = Modern Scientific Research and Development, 2018, vol. 1, no. 5, pp. 589–597. (In Russ.)
  4. Korolev V.A., Peredereeva E.V., Butenko E.D. Tsifrovye finansy i internet-marketingovye tekhnologii [Digital finance and Internet marketing technology]. Rostov-on-Don, Southern Federal University Publ., 2020, 342 p.
  5. Edronova V.N. [Assessment of the results and prospects of the digital economy in Russia: Financial aspects]. Finansy i kredit = Finance and Credit, 2019, vol. 25, no. 4, pp. 925–944. (In Russ.) URL: Link
  6. Kogdenko V.G. Specifics of Analysis of Companies Operating in the Digital Economy. Digest Finance, 2018, vol. 23, iss. 2, pp. 123–132. (In Russ.) URL: Link

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ISSN 2311-9438 (Online)
ISSN 2073-8005 (Print)

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