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Digital transformation and socio-economic development in emerging economies: A multinational analysis

  • Lemuel Kenneth David
  • , Jianling Wang
  • , William Brooks
  • , Vanessa Angel
  • Xi'an Jiaotong University
  • Stanford University
  • West Chester University

Research output: Contribution to journal › Article › peer-review

59 Scopus citations

Abstract

While digital technologies have the potential to significantly boost socio-economic development, their impact varies across emerging economies. This study investigates the influence of internet and mobile penetration on economic growth and human development indices in 30 emerging economies from 2008 to 2023. Using advanced econometric models, structural equation modeling (SEM), and data envelopment analysis (DEA), the research offers a detailed analysis of digital transformation's role in these regions. Case studies from Ghana, Indonesia, and Venezuela provide contextual insights, highlighting the importance of robust digital governance. The results indicate a strong correlation between digital penetration and GDP growth, contingent on effective governance structures. The study concludes with key policy recommendations to enhance digital infrastructure and governance for sustainable development.

Original languageEnglish
Article number102834
JournalTechnology in Society
Volume81
DOIs
StatePublished - Jun 2025

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth

Keywords

  • Data envelopment analysis
  • Digital transformation
  • Econometric analysis
  • Economic development
  • Emerging economies
  • Internet penetration
  • Mobile technology
  • Structural equation modeling
  • Sustainable development
  • governance

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