THE ROLE OF DIGITAL SKILLS AND DIGITALISATION IN ENHANCING LABOUR PRODUCTIVITY IN THE EU
Digitalisation and digital skills are often considered key factors shaping labour productivity and international competitiveness. The paper aims to examine the potential relationship between the level of digital skills and labour productivity. It explores the interdependence between the level of...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Oikos Institute - Research Center Bijeljina
2025-07-01
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| Series: | Collection of Papers New Economy |
| Subjects: | |
| Online Access: | https://conference.oikosinstitut.org/files/proc/Vol3No1/3.pdf |
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| Summary: | Digitalisation and digital skills are often considered key factors shaping labour
productivity and international competitiveness. The paper aims to examine the
potential relationship between the level of digital skills and labour productivity.
It explores the interdependence between the level of digital skills and labour
productivity while considering the possible effects of business digitalisation.
Using the Granger causality tests and panel data regression, we get several
novel results. The results indicate a bidirectional causal relationship between
productivity and digital skills, albeit with a two-year lag for e-commerce. Panel
fixed-effects regressions and Generalised methods of moments (GMM) have been
further used to get more detailed and robust results. Panel regression analysis
confirms the positive effect of general digital skills on labour productivity, while
this effect was not found in the case of advanced digital skills and R&D expenditure.
This research brought new knowledge regarding the economic impact of using
digital technology. Our findings highlight the importance of general digital skills
in the population. The relationship between digital transformation and labour
productivity depends on the type of skills and ability of employees to adapt to
new technologies. From the perspective of increasing the country’s international
competitiveness, programs to improve digital skills across the population and
different socio-economic groups are the key issue |
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| ISSN: | 2831-1728 2831-1736 |