Constructing digital economy acceptance index (DEAI): A comparative analysis of developed and developing countries

Abstract

The digital economy is a phenomenon that has emerged in today's modern era. Digitalization is expected to be able to support the progress of the economic aspect. However, it turns out that not all people in parts of the world are able to keep up with this change in the phenomenon of economic digitalization. This study aims to identify, classify, and analyze the factors that influence the conditions of acceptance of the digital economy in developed and developing countries as measured through the Digital Economy Acceptance Index (DEAI). This research used a quantitative approach with research objects from countries in the world during the past years. The methods used in this research are composite index and multivariate statistical cluster analysis. The results showed that countries with high DEAI consisted of the United States, Canada, Japan, Australia, New Zealand, Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Netherlands, Spain, Sweden, Switzerland, and Singapore. Countries with moderate DEAI consist of Greece, Italy, Portugal, Brunei Darussalam, China, Indonesia, Malaysia, South Africa, Libya, Brazil, Philippines, Thailand, Vietnam, Iran. As well as countries that have low DEAI, namely Cambodia, Myanmar, Egypt, Laos, India, Pakistan, and Sri Lanka.