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No. 5 (2025)
Marketing

Articles

ASSESSMENT OF E-COMMERCE’S ROLE IN ECONOMIC DEVELOPMENT

Published 2025-05-31

Authors
Sharipov Kongratbay Avezimbetovich a , Karimova Shirin Zoxid qizi b , Sodiqova Dilafruz Zoxid qizi c
Affiliations
a Minister of Higher Education, Science, and Innovation of the Republic of Uzbekistan, Doctor of Science, Professor
b Department of digital economy, TSUE, PhD senior teacher
c Department of International Economy, UWED
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Abstract

This study investigates the relationship between e-commerce variables and GDP growth in developing countries using panel data estimation techniques. The analysis employs a regression model that includes key determinants such as e-commerce market growth, revenue from e-commerce, secure internet servers, the UNCTAD B2C E- commerce Index, the percentage of internet shoppers, and the share of individuals using the internet. By utilizing balanced panel data from 20 developing countries, this research aims to uncover the dynamic effects of e-commerce on economic growth. The results suggest significant relationships among the variables, highlighting the importance of e-commerce development for stimulating GDP growth in these economies.

Keywords

Digitalization, E-commerce, GDP Growth, Developing Countries, Panel Data Estimation, UNCTAD B2C E-commerce Index, Regression Analysis

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