VECTOR MODEL OF DIGITAL ECONOMY IN THE PROCESS OF INCREASING THE COMPETITIVENESS OF COUNTRIES AND REGIONS

Abstract

The paper aimed to identify and assess the impact of the economy digitalization vectors that directly affect the competitiveness of countries and regions. Thus, to evaluate the level of digital competitiveness, the study graphically displayed competitiveness vectors in a three-dimensional space, using three axes (knowledge, technology, and future readiness) as integral indicators. For this, the analysis of variance was applied. The investigation was based on the materials for 63 countries, grouped by region. A comparison of their overall economy and digital competitiveness levels enabled the conclusion on these indicators’ close correlation. The analysis of the central factors and trends in increasing digital competitiveness at the sub-regional level contributed to determining integral indicators.

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