A Multidimensional Classification for the Information Technology Market
26 Pages Posted: 29 Nov 2018
Date Written: November 27, 2018
Abstract
This paper expands the existing informational and analytical opportunities of application of the results of business tendency surveys which solve the problem of the loss of valuable statistical information in its traditional aggregation into simple and composite indicators. Based on methods of multidimensional classification, an algorithm of statistical analysis significantly raises the analytical opportunities for the more wide measurement of trajectories of development and short-term fluctuations of branch of the information technology (IT) is developed and discussed. This allows the construction of behavioral models of business tendency data which improve the understanding of the business cycle in more detail. Furthermore the empirical results confirm the possibility of receiving various information which increases the analytical potential of business tendency surveys.
Keywords: information and communication technology (ICT), information technology (IT), business climate, business tendency surveys, behavioral models, digitalization.
JEL Classification: C1, C81, C38, C83, Е32, Е39, L26, L1, О10, О11, О19, М2
Suggested Citation: Suggested Citation