Digital strings are not visible, but affect all economic segments.
This book studies the phenomenon of digitalization with the instruments of
economics in order to explore the interdependencies between digitalization, economic
policy, and macroeconomic variables of open economies.
Digitalization is separated into the three components networks, IT services,
and digital goods which are then incorporated into macroeconomic models of trade theory in
open economies. This approach allows to formally describe the cross-effects between
digitalization and macroeconomic variables of a country. Specifically, it is used to
analyze interdependencies between macroeconomic variables and networks, IT services, and
digital goods, and to determine the challenges of digitalization for economic policy and
regulation.
Table of Contents
I. Characteristics of the Digital Economy: Introduction.
- Digitalization.
II. Economic Theory: Theoretical Foundations.
- Network in a Fragmentation Model.
- IT Services in a General Equil. Macro-Model.- Model:Entry of a Digital Goods
Producer.
- Comparison of the Models.
III. Economic Policy: General Political Perspectives.- Policy for Networks,
Services, Digital Goods.
- Integrating Theory and Policy.
- Summary.
270 pages, Hardcover