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| Format: | Recurso digital |
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Zenodo
2025
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| Online Access: | https://doi.org/10.5281/zenodo.16686190 |
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Table of Contents:
- <p>Export diversification plays a crucial role in today’s global world and world trade. This research is aimed at<br>studying the impact of digital infrastructure and renewable energy consumption on export diversification in 15 post-Soviet<br>countries. A fixed-effect regression model and standard errors robust against heteroskedasticity were used through panel<br>data. The ICT index, renewable energy consumption as a % of total energy consumption, FDI inflows as a % of GDP, and<br>European Union and Eurasian Economic Union memberships are used as independent variables for export diversification.<br>Results have shown that there is a positive and significant relationship between export diversification and digital<br>infrastructure. Developing the ICT sphere and making investments in the sector bring new export markets and, of course,<br>diversified exports of products. Also, the statistical significance of renewable energy consumption differs according to<br>different econometric models, the renewable energy consumption supports declining export concentration of selected<br>economies. These results show the importance of the integration of digital infrastructure and renewable energy in export<br>diversification to the countries and business owners. And, of course, it provides practical and theoretical policies for<br>innovations and economic integrations.</p>