скачать PDF
Authors : 1. Timur V. Kramin,
Doctor of Science in Economics, Professor, Vice-rector for corporate governance, Head of the Chair of Financial Management
Kazan Innovative University named after V. G. Timiryasov (IEML)
2. Ilmukhanum Yu. Imasheva,
post-graduate student of the Department of Finance Management,
Kazan Innovative University named after V. G. Timiryasov (IEML)
On the issue of benchmarking by the example of analyzing the efficiency of using the broadband internet in the Russian regions
Objective: to study the impact of broadband Internet on the economic growth of the Russian regions.
Methods: econometric modeling using the Cobb-Douglas production function and the R. Solow economic growth model, comparative analysis (benchmarking).
Results: broadband Internet stimulates and accelerates the process of digital transformation, contributing to the creation of economic ties. However, methods for assessing the impact of broadband Internet on economy are still imperfect. The article uses the R. Solow economic growth model to identify and justify the positive impact of broadband Internet on the gross regional product of the Russian regions in 2010-2016; the Russian regions ranking is presented, based on the degree of production factors efficiency, which includes indicators of digital infrastructure development in addition to traditional ones; the leaders of this ranking are identified, as well as the areas of best practices typical for these regions of the Russian Federation.
Scientific novelty: a new method of benchmarking of the Russian regions is proposed, based on the production factors efficiency and their contribution to economic growth, according to the results of econometric modeling.
Practical significance: the obtained results substantiate the need to improve and accelerate the development of broadband Internet as one of the indicators providing the Russian regional economic systems development; thus, the directions of the digital economy implementation (digital transformation) in the Russian Federation regions are identified.
Keywords :
Digital economy; Economic growth; R. Solow model of economic growth; Cobb-Douglas production function; Broadband Internet; Regional economy; Econometric modeling; Benchmarking
Bibliography :
1. Gordon R. J. Secular stagnation: A supply-side view, American Economic Review, 2015, Vol. 105, No. 5, pp. 54–59. DOI: 10.1257/aer.p20151102
2. Roller L.-H., Waverman L. Telecommunications infrastructure and economic development: A simultaneous approach, American economic review, 2001, Vol. 91, No. 4, pp. 909–923. DOI: 10.1257/aer.91.4.909
3. Koutroumpis P. The economic impact of broadband on growth: A simultaneous approach, Telecommunications policy, 2009, Vol. 33, No. 9, pp. 471–485. DOI: 10.1016/j.telpol.2009.07.004
4. Czernich N., Falck O., Kretschmer T., Woessmann L. Broadband infrastructure and economic growth, The Economic Journal, 2011, Vol. 121, No. 552, pp. 505–532. DOI: 10.1111/j.1468-0297.2011.02420.x
5. Holtz-Eakin D., Newey W., Rosen H. S. Estimating vector autoregressions with panel data, Econometrica: Journal of the Econometric Society, 1988, Vol. 56, No. 6, pp. 1371–1395. DOI: 10.2307/1913103
6. Arestis P., Demetriades P. O., Luintel K. B. Financial development and economic growth: the role of stock markets, Journal of money, credit and banking, 2001, Vol. 33, No. 1, pp. 16–41. DOI: 10.2307/2673870
7. Arellano M., Bond S. Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations, The review of economic studies, 1991, Vol. 58, No. 2, pp. 277–297. DOI: 10.2307/2297968
8. Caselli F., Esquivel G., Lefort F. Reopening the convergence debate: a new look at cross-country growth empirics, Journal of economic growth, 1996, Vol. 1, No. 3, pp. 363–389. DOI: 10.1007/bf00141044
9. Mayer W., Madden G., Wu C. Broadband and economic growth: a reassessment, Information Technology for Development, 2020, Vol. 26, No. 1, pp. 128–145. DOI: 10.1080/02681102.2019.1586631
10. Lehr W. H., Osorio C., Gillett S. E., Sirbu M. A. Measuring broadband’s economic impact. 2006.
11. Qiang C. Z.-W., Rossotto C. M., Kimura K. Economic impacts of broadband, Information and communications for development 2009: Extending reach and increasing impact, 2009, Vol. 3, pp. 35–50.
12. Waverman L., Meschi M., Fuss M. The impact of telecoms on economic growth in developing countries, The Vodafone policy paper series, 2005, Vol. 2, No. 3, pp. 10–24.
13. Thompson H. G., Garbacz C. Mobile, fixed line and Internet service effects on global productive efficiency, Information Economics and Policy, 2007, Vol. 19, No. 2, pp. 189–214. DOI: 10.1016/j.infoecopol.2007.03.002
14. Chavula H. K. Telecommunications development and economic growth in Africa, Information Technology for Development, 2013, Vol. 19, No. 1, pp. 5–23. DOI: 10.1080/02681102.2012.694794
15. Borena B., Negash S. IT infrastructure role in the success of a banking system: The case of limited broadband access, Information Technology for Development, 2016, Vol. 22, No. 2, pp. 265–278. DOI: 10.1080/02681102.2014.979392
16. Gruber H., Koutroumpis P. Mobile communications: Diffusion facts and prospects, Communications and Strategies, 2010, No. 77, pp. 133–145.
17. Madden G., Savage S. J. CEE telecommunications investment and economic growth, Information Economics and Policy, 1998, Vol. 10, No. 2, pp. 173–195.
18. Seo H.-J., Lee Y. S., Oh J. H. Does ICT investment widen the growth gap?, Telecommunications Policy, 2009, Vol. 33, No. 8, pp. 422–431. DOI: 10.1016/j.telpol.2009.04.001
19. Dewan S., Kraemer K. L. Information technology and productivity: evidence from country-level data, Management Science, 2000, Vol. 46, No. 4, pp. 548–562. DOI: 10.1287/mnsc.46.4.548.12057
20. Jacobsen K. F. L. Telecommunications – a means to economic growth in developing countries? Bergen, Chr. Michelsen Institute, 2003.
21. Pohjola M. The new economy in growth and development, Oxford Review of Economic Policy, 2002, Vol. 18, No. 3, pp. 380–396. DOI: 10.1093/oxrep/18.3.380
22. Blackburn K., Hung V. T. A theory of growth, financial development and trade, Economica, 1998, Vol. 65, No. 257, pp. 107–124. DOI: 10.1111/1468-0335.00116
23. Armenta Á., Serrano A., Cabrera M., Conte R. The new digital divide: the confluence of broadband penetration, sustainable development, technology adoption and community participation, Information Technology for Development, 2012, Vol. 18, No. 4, pp. 345–353. DOI: 10.1080/02681102.2011.625925
24. Barro R. J. Economic growth in a cross section of countries, The quarterly journal of economics, 1991, Vol. 106, No. 2, pp. 407–443. DOI: 10.2307/2937943
25. Leshchenko M. Broadband access as a foundation of information economy, Tekhnologii i sredstva svyazi, 2013, No. 1, pp. 48–49 (in Russ.).
26. Butenko V., Veerpalu V., Volodina E., Devyatkin E. Ways of developing a broadband access in Russia, Elektrosvyaz', 2014, No. 10, pp. 22–26 (in Russ.).
27. Veerpalu V., Volodina E., Devyatkin E. Development of broadband communication systems as a condition for creating an informational society, Elektrosvyaz', 2010, No. 12, pp. 17–20 (in Russ.).
28. Butenko V. Wireless technologies in the infrastructure of digital economy, Elektrosvyaz', 2017, No. 8, pp. 5–10 (in Russ.).
29. Mikhailova E. A. Bases of benchmarking, Menedzhment v Rossii i za rubezhom, 2001, No. 1 (in Russ.).
30. Ostrovskaya V. N. Global history of benchmarking development, Terra Economicus, 2009, Vol. 7, No. 2, pp. 266–271 (in Russ.).
31. Dubrovskaya Yu. V., Kudryavtseva M. R., Kozonogova E. V. “Smart” benchmarking as the basis for strategic planning of regional development, Ekonomicheskie i sotsial'nye peremeny: fakty, tendentsii, prognoz, 2018, Vol. 11, No. 3, pp. 100–116 (in Russ.). DOI: 10.15838/esc.2018.3.57.7
32. Ivanova N. E. Features of using benchmarking in innovative sphere, Gumanitarnye i sotsial'nye nauki, 2011, No. 2, pp. 29–39 (in Russ.).
33. Krasnosel'skaya D. Kh. Benchmarking as a tool for improving an economic profile of a territory, Vestnik MGTU im. G. I. Nosova, 2013, No. 1, pp. 101–104 (in Russ.).
34. Rastvortseva S. N., Larionova M. V. Benchmarking of the regional innovative infrastructure, Natsional'nye interesy: prioritety i bezopasnost', 2015, No. 22 (307), pp. 13–27 (in Russ.).
35. Barro J. B. Determinants of economic growth: a cross-country empirical study, National Bureau of Economic Research, 1996.
36. Mankiw N. G., Romer D., Weil D. N. A contribution to the empirics of economic growth, The quarterly journal of economics, 1992, Vol. 107, No. 2, pp. 407–437.
37. Solow R. M. A contribution to the theory of economic growth, The quarterly journal of economics, 1956, Vol. 70, No. 1, pp. 65–94.
38. Hausman J. A. Specification tests in econometrics, Econometrica: Journal of the econometric society, 1978, Vol. 46, No. 6, pp. 1251–1271.
39. Collection of the best regional managerial practices in the sphere of increasing investment attraction by eth results of the National ranking of investment climate in the Russian Federation subjects in 2018, Мoscow, Agentstvo strategicheskikh initsiativ, 2018, 88 p., available at: https://asi.ru/upload/medialibrary/f3a/BestPractices2018.pdf
Citation :
Kramin T. V., Imasheva I. Yu. On the issue of benchmarking by the example of analyzing the efficiency of using the broadband internet in the Russian regions, Actual Problems of Economics and Law, 2020, Vol. 14, No. 1, pp. 67–78 (in Russ.). DOI: http://dx.doi.org/10.21202/1993-047X.14.2020.1.67-78
Type of article : The scientific article
Date of receipt of the article :
08.11.2019
Date of adoption of the print :
20.02.2020
Date of online accommodation :
25.03.2020
