A Multidimensional Classification for the Information Technology Market Cover Image

A Multidimensional Classification for the Information Technology Market
A Multidimensional Classification for the Information Technology Market

Author(s): Inna Lola
Subject(s): Economy, ICT Information and Communications Technologies
Published by: Институт за икономически изследвания при Българска академия на науките
Keywords: information and communication technology (ICT); information technology (IT); business climate; business tendency surveys; behavioral models; digitalization

Summary/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, we develop and discuss an algorithm of statistical analysis that significantly raises the analytical opportunities for the more wide measurement of trajectories of development and short-term fluctuations of the information technology (IT) industry. This allows the construction of behavioural 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.

  • Issue Year: 2020
  • Issue No: 4
  • Page Range: 70-88
  • Page Count: 19
  • Language: English