The Digital Economy Index (DEI) / Debbra Toria Nipo, Imbarine Bujang and Hamizah Hassan

We have come a long way with technology: from telegrams to emails, and then telephones to now, smartphones. Technological advancement and sophistication has paved the way for us to become smarter, more capable and more productive over the years. Although it is largely established in the economic lit...

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Main Authors: Nipo, Debbra Toria, Bujang, Imbarine, Hassan, Hamizah
Other Authors: Ismail, Shafinar
Format: Book Section
Language:en
Published: Division of Research and Industry Linkages 2017
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/47871/1/47871.pdf
https://ir.uitm.edu.my/id/eprint/47871/
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author Nipo, Debbra Toria
Bujang, Imbarine
Hassan, Hamizah
author2 Ismail, Shafinar
author_facet Ismail, Shafinar
Nipo, Debbra Toria
Bujang, Imbarine
Hassan, Hamizah
author_sort Nipo, Debbra Toria
building Tun Abdul Razak Library
collection Institutional Repository
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
continent Asia
country Malaysia
description We have come a long way with technology: from telegrams to emails, and then telephones to now, smartphones. Technological advancement and sophistication has paved the way for us to become smarter, more capable and more productive over the years. Although it is largely established in the economic literature that information and communication technology (ICT) plays important role in promoting long-term productivity and growth, its impact goes far beyond that. ICT also holds significant potential in transforming and ensuring sustainability of the global economy. To easily assess the countries' capacity in leveraging available ICT resources for improved economic development and competitiveness, we come up with a new composite ICT index called the Digital Economy Index (DEI). DEI allows countries to be assessed over 2 categories of indicators: (1) networked readiness in terms of ICT access (infrastructure), ICT use, and ICT skills (capabilities); and (2) the economic impact of ICT in terms of productivity (GDP growth), trade openness and employment. What sets the DEI apart from other existing ICT indices is that, the DEI introduces a new sub-index measuring economic impacts of ICT into its framework - a component that is often overlooked from previous and present index calculations. In light of the global digital divide phenomenon (disparity in access to and usage of ICT between developed and developing countries), effort directed towards closing the gap has moved its emphasis from not just on the issue of ensuring equitable ICT access and usage, but also to the issue of how to make the best use of technology and fully reap its economic benefits. Given these points, incorporation of the economic impact sub-index in the calculation of DEI is therefore deemed appropriate to provide an outlook of how much has the country capitalized on the opportunities presented by the digital revolution.
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institution Universiti Teknologi Mara
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spelling my.uitm.ir-478712021-08-16T03:54:05Z https://ir.uitm.edu.my/id/eprint/47871/ The Digital Economy Index (DEI) / Debbra Toria Nipo, Imbarine Bujang and Hamizah Hassan Nipo, Debbra Toria Bujang, Imbarine Hassan, Hamizah Economics Infrastructure (Economics). Capital. Capital productivity Income. Income distribution. National income. Including gross national product, gross domestic product, and gross state product We have come a long way with technology: from telegrams to emails, and then telephones to now, smartphones. Technological advancement and sophistication has paved the way for us to become smarter, more capable and more productive over the years. Although it is largely established in the economic literature that information and communication technology (ICT) plays important role in promoting long-term productivity and growth, its impact goes far beyond that. ICT also holds significant potential in transforming and ensuring sustainability of the global economy. To easily assess the countries' capacity in leveraging available ICT resources for improved economic development and competitiveness, we come up with a new composite ICT index called the Digital Economy Index (DEI). DEI allows countries to be assessed over 2 categories of indicators: (1) networked readiness in terms of ICT access (infrastructure), ICT use, and ICT skills (capabilities); and (2) the economic impact of ICT in terms of productivity (GDP growth), trade openness and employment. What sets the DEI apart from other existing ICT indices is that, the DEI introduces a new sub-index measuring economic impacts of ICT into its framework - a component that is often overlooked from previous and present index calculations. In light of the global digital divide phenomenon (disparity in access to and usage of ICT between developed and developing countries), effort directed towards closing the gap has moved its emphasis from not just on the issue of ensuring equitable ICT access and usage, but also to the issue of how to make the best use of technology and fully reap its economic benefits. Given these points, incorporation of the economic impact sub-index in the calculation of DEI is therefore deemed appropriate to provide an outlook of how much has the country capitalized on the opportunities presented by the digital revolution. Division of Research and Industry Linkages Ismail, Shafinar Mahphoth, Mohd Halim Abas, Aemillyawaty Mohd Radzi, Fazlina Alias, Aidah Jamil, Ilinadia Hassan, Nor Yus Shahirah Shaari, Shafirah Zahari, Farihan 2017 Book Section PeerReviewed text en https://ir.uitm.edu.my/id/eprint/47871/1/47871.pdf The Digital Economy Index (DEI) / Debbra Toria Nipo, Imbarine Bujang and Hamizah Hassan. (2017) In: Melaka International Intellectual Exposition (MIIEX 2007). Division of Research and Industry Linkages, Alor Gajah, Melaka.
spellingShingle Economics
Infrastructure (Economics). Capital. Capital productivity
Income. Income distribution. National income. Including gross national product, gross domestic product, and gross state product
Nipo, Debbra Toria
Bujang, Imbarine
Hassan, Hamizah
The Digital Economy Index (DEI) / Debbra Toria Nipo, Imbarine Bujang and Hamizah Hassan
title The Digital Economy Index (DEI) / Debbra Toria Nipo, Imbarine Bujang and Hamizah Hassan
title_full The Digital Economy Index (DEI) / Debbra Toria Nipo, Imbarine Bujang and Hamizah Hassan
title_fullStr The Digital Economy Index (DEI) / Debbra Toria Nipo, Imbarine Bujang and Hamizah Hassan
title_full_unstemmed The Digital Economy Index (DEI) / Debbra Toria Nipo, Imbarine Bujang and Hamizah Hassan
title_short The Digital Economy Index (DEI) / Debbra Toria Nipo, Imbarine Bujang and Hamizah Hassan
title_sort digital economy index (dei) / debbra toria nipo, imbarine bujang and hamizah hassan
topic Economics
Infrastructure (Economics). Capital. Capital productivity
Income. Income distribution. National income. Including gross national product, gross domestic product, and gross state product
url https://ir.uitm.edu.my/id/eprint/47871/1/47871.pdf
https://ir.uitm.edu.my/id/eprint/47871/
url_provider http://ir.uitm.edu.my/