Transition to the Digital Economy, Its Measurement and the Relationship between Digitalization and Productivity

Technological developments have shown their effects in all areas of life, especially economy in the world. The most obvious examples of this are the Agricultural and Industrial Revolutions, which are economically based revolutions. Today, technological developments have changed dimensions with the d...

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Main Author: Yasin Yılmaz
Format: Article
Language:English
Published: Istanbul University Press 2021-06-01
Series:İstanbul İktisat Dergisi
Subjects:
Online Access:https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/895B30A8243041C9B28A2F2554E0B03C
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author Yasin Yılmaz
author_facet Yasin Yılmaz
author_sort Yasin Yılmaz
collection DOAJ
description Technological developments have shown their effects in all areas of life, especially economy in the world. The most obvious examples of this are the Agricultural and Industrial Revolutions, which are economically based revolutions. Today, technological developments have changed dimensions with the digitalization process. Today technological transformation have been happening faster than it has been seen in the past, the human-machine cooperation in working life has been starting to turn in favor of machines and the mechanization and automation production, which is seen only in blue-collar jobs, is spread to all work areas including white-collar works, production as a result of robotization of the machines used in new automation (Cobot) The substitution of labor with these new technology products is among the most obvious features of this digitization period. The first aim of the study is to compare Turkey with the countries that should compete in the digitalization process. For this, International Digital Economy and Society Index (I-DESI) dimensions and indicators, which were created by the EU and used to measure the competitiveness of EU countries in the digitalization process, were used. Secondly, the effects of digitalization on productivity have been researched through a literature review. In the study; exploratory research from research design methods, secondary data from data types, and documentation method from qualitative research methods, were used. The scope of the study consists of the economic effects of the digitalization process. Technological developments increase productivity in both product and labor markets. For this reason, it is thought that the digitalization process will positively affect both total factor productivity and labor productivity. In addition, when examinations are made within the scope of I-DESI, it is seen that Turkey has not yet reached a sufficient level in the digitalization process.
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spelling doaj-art-75a860227fc443e49b8e87f908d22be22025-08-20T01:49:01ZengIstanbul University Pressİstanbul İktisat Dergisi2602-39542021-06-0171128331610.26650/ISTJECON2021-931788123456Transition to the Digital Economy, Its Measurement and the Relationship between Digitalization and ProductivityYasin Yılmaz0https://orcid.org/0000-0002-4046-6580Bandırma On Yedi Eylül Üniversitesi, Balikesir, TurkiyeTechnological developments have shown their effects in all areas of life, especially economy in the world. The most obvious examples of this are the Agricultural and Industrial Revolutions, which are economically based revolutions. Today, technological developments have changed dimensions with the digitalization process. Today technological transformation have been happening faster than it has been seen in the past, the human-machine cooperation in working life has been starting to turn in favor of machines and the mechanization and automation production, which is seen only in blue-collar jobs, is spread to all work areas including white-collar works, production as a result of robotization of the machines used in new automation (Cobot) The substitution of labor with these new technology products is among the most obvious features of this digitization period. The first aim of the study is to compare Turkey with the countries that should compete in the digitalization process. For this, International Digital Economy and Society Index (I-DESI) dimensions and indicators, which were created by the EU and used to measure the competitiveness of EU countries in the digitalization process, were used. Secondly, the effects of digitalization on productivity have been researched through a literature review. In the study; exploratory research from research design methods, secondary data from data types, and documentation method from qualitative research methods, were used. The scope of the study consists of the economic effects of the digitalization process. Technological developments increase productivity in both product and labor markets. For this reason, it is thought that the digitalization process will positively affect both total factor productivity and labor productivity. In addition, when examinations are made within the scope of I-DESI, it is seen that Turkey has not yet reached a sufficient level in the digitalization process.https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/895B30A8243041C9B28A2F2554E0B03Cdigitizationdigital economyi-desiproductivitylabor productivity
spellingShingle Yasin Yılmaz
Transition to the Digital Economy, Its Measurement and the Relationship between Digitalization and Productivity
İstanbul İktisat Dergisi
digitization
digital economy
i-desi
productivity
labor productivity
title Transition to the Digital Economy, Its Measurement and the Relationship between Digitalization and Productivity
title_full Transition to the Digital Economy, Its Measurement and the Relationship between Digitalization and Productivity
title_fullStr Transition to the Digital Economy, Its Measurement and the Relationship between Digitalization and Productivity
title_full_unstemmed Transition to the Digital Economy, Its Measurement and the Relationship between Digitalization and Productivity
title_short Transition to the Digital Economy, Its Measurement and the Relationship between Digitalization and Productivity
title_sort transition to the digital economy its measurement and the relationship between digitalization and productivity
topic digitization
digital economy
i-desi
productivity
labor productivity
url https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/895B30A8243041C9B28A2F2554E0B03C
work_keys_str_mv AT yasinyılmaz transitiontothedigitaleconomyitsmeasurementandtherelationshipbetweendigitalizationandproductivity