The Effects of Digital Economy on International Trade: An Empirical Analysis of EU Countries Panel Data
Анотація
Digital technologies have been shaping the trajectory of global economy in recent years and have been leading to transformations in all sectors of the economy and society. In this article, the impact of digital economy tools on international trade is analyzed using panel data from the EU. Graphical methods and analytical indicators of dynamic series were used to identify the main trends of digitalization indicators in international trade. Given the heterogeneity of the digital space in EU countries, cluster analysis was applied to identify homogeneous groups of countries based on the level of digitalization. Multiple regression analysis was used to assess the impact of digital economy indicators on exports and imports of goods and services.
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