WSEAS Transactions on Business and Economics
Print ISSN: 1109-9526, E-ISSN: 2224-2899
Volume 20, 2023
Digital Education Products: Can Digital Education Products Affect GDP Growth?
Authors: , , ,
Abstract: The widespread use of new information and communication technologies in education has changed the nature of the general economic environment. There is an increase in digital educational resources all over the world. However, what is the weight of the business of digital education products in GDP and how this business affects GDP growth? The paucity of literature on the relationship between digital educational products and GDP calls for a thorough study of this relationship. The article is devoted to an analysis of the relationship between digital educational products and GDP. This is one of the problems with the development of the digital economy. Our main research hypothesis is to find the level of connection between digital educational products (resources) and GDP, as well as the level of influence of qualitative and quantitative factors on this connection. It should be noted that the absence of many statistical data during the analysis made our work difficult, and many factors are of a qualitative or fuzzy nature. Based on such indicators, econometric models are not suitable for determining the dependence of a factor on other parameters. The study used the statistical data of Azerbaijan for 2010-2020. The fuzzy output logic method was implemented in the MATLAB software package. It was revealed that digital educational products affect the growth of the GDP and the balanced development of the country. The approach proposed in this paper is that the digitalization of education and the improvement of public education and technology policies should continue. We believe that in connection with the growth of the digital education market, the State Statistics Committee will need to generate specific data on digital educational products in the future.
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Keywords: Digital economy, Digital educational, GDP, Development, Education and technology policy, Fuzzy Model
Pages: 2240-2254
DOI: 10.37394/23207.2023.20.193