The study of the influence of interregional integration on the level of digital development of the EAEU countries

DOI

10.2991/iscde-19.2019.98How to use a DOI?

Keywords

interregional trade, the EAEU, digital development, P Krugman, integration, correlation analysis

Abstract

The Eurasian Economic Union (EAEU) is quite a new regional integration association and it is not only faced with institutional challenges of growth (the opposition of the national elite, unification of rules and standards, specific model of resolving economic disputes), but also challenges posed by volatile situation on both national and global markets (the strengthening of trade war between the US and China). The problem is that all the running costs of the integration association are paid by the largest economy of the association, and in this case it's the Russian economy. Due to budget constraints related to the decline in federal budget revenues from raw material exports, the systemic disproportions of the national economy, the sanctions confrontation with the West, it becomes especially relevant to study how the EAEU functioning affects the mid- and long-term competitiveness of the member countries. The purpose of this study is to determine the impact of interregional integration processes on the level of digital development of the EAEU member countries. Based on the data taken from Global Innovation Index reports of the Eurasian Economic Commission for the period 2011-2018, we used the methods of economic and mathematical modeling to verify the hypothesis of evening out the level of digital development of the EAEU member countries due to the relative mobility of factors of production. The study showed that the hypothesis stated earlier was not confirmed in the long term.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - S.V. Shkiotov
AU  - M.I. Markin
AU  - M.A. Mayorova
PY  - 2019/12
DA  - 2019/12
TI  - The study of the influence of interregional integration on the level of digital development of the EAEU countries
BT  - Proceedings of the International Scientific and Practical Conference on Digital Economy (ISCDE 2019)
PB  - Atlantis Press
SP  - 232
EP  - 235
SN  - 2352-5428
UR  - https://doi.org/10.2991/iscde-19.2019.98
DO  - 10.2991/iscde-19.2019.98
ID  - Shkiotov2019/12
ER  -