Abstract:The purpose of this study is to assess the state and potential of the e - Commerce sector as a driver of economic growth in Russia. The article confirms three research hypotheses: 1) the dynamics of the Russian e-Commerce sector development has its own country specifics; 2) the e-Commerce sector development is a factor of economic growth in Russia; 3) the period of the Covid 2019 pandemic is the beginning of the intensification of the e-Commerce sector development in Russia. It is revealed that the level of th… Show more
“…During the coronavirus pandemic, the sales volume of Russian internet companies increased for approximately 20% of total sales. This was said by the experts of Retail CRM on the TV channel Russia Today (RT) (Karpunina et al, 2019).…”
Section: Research Resultsmentioning
confidence: 99%
“…Pandemic and restrictive measures in Russia have provided millions of new users of Russian services to online merchants (Karpunina et al, 2019). According to various estimates, their general audience increased to 15-17 million people, so they are now addressing their customers, who never shopped online before.…”
The authors of this article investigate the impact of COVID-19 on the state and tendencies of electronic commerce in Russia. The aim of the article is to determine the impact of COVID-19 on e-commerce. It is assumed that the share of e-commerce in the total trade of Russia will increase in case of COVID-19 worst-case scenario. In the observed period, the volume of online store trade in Russia increased up to 20% when it comes to consumer goods, car equipment and parts, cosmetics, ready meals, office supplies etc. The methods of induction, deduction, description, comparison and statistical methods are applied in the article. It was concluded that e-commerce is increasing in the conditions of crisis generated by COVID-19.
“…During the coronavirus pandemic, the sales volume of Russian internet companies increased for approximately 20% of total sales. This was said by the experts of Retail CRM on the TV channel Russia Today (RT) (Karpunina et al, 2019).…”
Section: Research Resultsmentioning
confidence: 99%
“…Pandemic and restrictive measures in Russia have provided millions of new users of Russian services to online merchants (Karpunina et al, 2019). According to various estimates, their general audience increased to 15-17 million people, so they are now addressing their customers, who never shopped online before.…”
The authors of this article investigate the impact of COVID-19 on the state and tendencies of electronic commerce in Russia. The aim of the article is to determine the impact of COVID-19 on e-commerce. It is assumed that the share of e-commerce in the total trade of Russia will increase in case of COVID-19 worst-case scenario. In the observed period, the volume of online store trade in Russia increased up to 20% when it comes to consumer goods, car equipment and parts, cosmetics, ready meals, office supplies etc. The methods of induction, deduction, description, comparison and statistical methods are applied in the article. It was concluded that e-commerce is increasing in the conditions of crisis generated by COVID-19.
“…The positive impact of e-commerce on China's economic growth is also found in the study Qu and Chen [8], which has also been analyzed by a similar method. Karpunina et al [22] explains that the e-commerce sector can contribute to economic growth; Russia's experience as a developing country is significantly behind countries like China and the USA, where e-commerce contributes only 2% of GDP. Through the Vector autoregression econometric model, it is argued that ecommerce positively impacts Libya's economic growth, bringing a scientific experience from a developing country [23].…”
Today, economic development cannot be thought of without including innovation. Innovation is a promoter of economic growth. Since e-commerce is considered an innovation, it can be a driver of economic growth in some economic environments. This study investigates the impact of e-commerce through electronic transactions on economic growth in the Western Balkans during the period 2008 to 2020. The study applies the quantitative methodology using secondary data. This study uses panel data techniques, starting with estimators pooled OLS, fixed effects, random effects, and Hausman Taylor -IV. The findings show that e-commerce does not contribute to economic growth in the Western Balkan countries for the study period. Furthermore, this study shows that final consumption, exports, and foreign direct investment positively impact economic growth. The study also confirmed that the increased government expenditure does not contribute to economic growth in the Western Balkan countries. The study brings theoretical implications by bringing scientific evidence on the impact of ecommerce on economic growth in the western Balkan countries. The study provides an insight into the impact of e-commerce on the economies of the Western Balkan countries, which are developing countries, and paves the way for other studies in developing countries to look at the similarities and differences.
“…Воздействие санитарно-эпидемиологических рисков снижает экономическую активность большинства хозяйствующих субъектов, сокращает объемы рынков и повышает уровень заболевае-мости и смертности как в регионах, являющихся очагами распространения инфекции, так и на территориях, затронутых эпидемиями в результате перемещения населения [23]. Важность оценки санитарно-эпидемиологических рисков при анализе экономической безопасности регионов подчеркивают данные официальной статистики.…”
The relevance of the study is determined by the need to identify the risks of a pandemic and conduct regular monitoring of the state of economic security of Russian regions in order to take operational anti-crisis measures.The purpose of the study is to substantiate the author's approach to studying the risks of a pandemic and its impact on regional development, as well as to create a methodology for assessing the economic security of Russian regions.The objectives of the study include: identification and systematization of pandemic risks for economic security; development of a methodology for analyzing the economic security of regions taking into account the risks of a pandemic; preparation of recommendations for ensuring the economic security of regions based on leveling the risks of a pandemic.Metodology. Research methods: method of comparative analysis, graphical method, method of systematization, method of economic and statistical analysis, method of calculation of integral indicators, method of expert assessments. The scientific novelty of the research consists in the development of the author's methodology for analyzing and assessing the level of economic security of regions under the impact of pandemic risks, as well as in determining the directions of state policy to level them.Results. The authors have identified and systematized the risks of a pandemic that determine the state of economic security in the region. The article proposes a methodology for analyzing the economic security of regions, taking into account the risks of a pandemic, which has been tested on data from three Russian regions (Tambov, Kaluga and Belgorod regions). The expediency of implementing a set of state policy measures aimed at leveling the risks of a pandemic in the regions is substantiated.Conclusion. The results of the analysis made it possible to identify a region with a high level of economic security (Belgorod Region), as well as to formulate proposals for the implementation of the state policy of leveling the risks of a pandemic in the Tambov and Kaluga regions.
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