MEASURING THE TECHNOLOGY READINESS INDEX ON GDP USING A (VAR) MODEL IN EGYPT FOR THE PERIOD (2010-2022)

Abstract

Technological readiness has become one of the pillars of the growth of the modern economy based on digital technology, the Internet and the rapid and growing digital communication of the economy, as electronic readiness is an attractive and stimulating factor for international economic transactions and investments based on technology, abilities in areas such as financial system development, private sector finance, research and development, and, talents and media, which has become the leader in the development of the economy in any country, especially developed countries and some developing countries seeking to develop their economy and create development in their economies in order to catch up with the global economic and technological development. Hence, this research came as an attempt to measure the total index of border technological readiness on GDP growth using the Vector Auto Regression Estimates (VAR) model in Egypt for the period (2010-2022) and the research found that there is a positive and long term positive correlation between the total e-readiness index and economic growth represented by GDP in Egypt.