On the issue of benchmarking by the example of analyzing the efficiency of using the broadband internet in the Russian regions

• Main Authors: Timur V. Kramin, Ilmukhanum Yu. Imasheva
• Format: Article
• Language: English
• Published: Tatar Educational Center "TAGLIMAT" Ltd. 2020-03-01
• Series: Aktualʹnye Problemy Èkonomiki i Prava
• Subjects: digital economy
• Online Access: http://apel.ieml.ru/storage/archive_articles/9953.pdf

Objective to study the impact of broadband Internet on the economic growth of the Russian regions. Methods econometric modeling using the CobbDouglas 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 20102016 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.