Published June 20, 2024 | Version v1
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ANALYSIS OF DIGITAL TRANSFORMATION AND ITS IMPACT ON THE SUSTAINABLE ECONOMIC DEVELOPMENT OF SOUTH KOREA

Description

This study examines the impact of digital transformation on sustainable economic development in South Korea by using a regression model to analyze key economic variables. By examining the impact of Internet use, R&D spending, and ICT service exports on South Korea's GDP, the study quantifies the positive relationship between these factors and economic growth. The analysis shows that increased internet users stimulate innovation and economic activity, leading to higher GDP. Similarly, high R&D investment promotes technological progress and economic competitiveness. Exports of ICT services also show a positive correlation with GDP growth, serving as a proxy for economic activity. These findings provide valuable guidance for policymakers aiming to promote sustainable economic growth by improving digital infrastructure, research and ICT services.

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