Modelling The Development Of EU Digital Business

• Authors: Olha Pyroh , Ihor Oleksiv , Anastasiya Poritska

Abstracts

EN

The article deals with identifying and studying factors influencing the formation and development of digital business according to correlation analysis in order to simulate its development. It proves the relationship between digital business, imports of goods and services and employment rate. The model of digital business development is created. Excluding factors with low correlation based on Pearson’s coefficient and multicollinear factors, the authors create a two-factor model of digital business development. Using trend forecast values of the chosen factors, digital business development forecast is carried out. Autocorrelation of residuals is detected and the simulation modelling is performed.

Keywords

EN

digital business; electronic business; electronic trading; electronic commerce; the Internet

• Publisher: Wyższa Szkoła Ekonomiczno-Humanistyczna w Bielsku-Białej
• Journal: MIND Journal
• Year: 2021
• Issue: 11

Dates

published

2021

Contributors

author

Olha Pyroh

• Department of Management and International Business, Lviv Polytechnic National University, Lviv, Ukraine

author

Ihor Oleksiv

• Department of Management and International Business, Lviv Polytechnic National University, Lviv, Ukraine

author

Anastasiya Poritska

• Department of Management and International Business, Lviv Polytechnic National University, Lviv, Ukraine

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Identifiers

DOI

10.36228/MJ.11/2021.2

Biblioteka Nauki

2168400