Impact of Digitalization on Economic and Social Aspects

Abstract

The chapter aims to understand the impact of mobile and broadband subscriptions on the ease of doing business and per 100 people trade volume that might be critical in facing a pandemic of recent type in the future. On the one hand, the ease of doing business has been gaining popularity over the years as an indicator of where to set business. On the other hand, the spread of mobile subscriptions and broadband and their conjugation has significantly impacted modern-day business. Moreover, trade has already proven itself as the engine of growth. With this background, the chapter intends to determine the impact of the digital duo on ease of doing business and per 100 trade volume. The study is holistic in nature. It considered 128 countries in the world regarding the variables ease of doing business ranking (dependent), per 100 capita trade volume (dependent), and per 100 broad brand penetration (independent variable) along with per 100 mobile subscriptions (independent variable) for the years 2019 and 2020, and then opted for a pooled regression analysis with robust standard errors.