The Contribution of Digital Partnership Indicators to the Growth of the Economies of Some Countries in the World: An Analytical Study

Abstract

With swift technological development, digital partnership has become a fundamental element in shaping the global economy. Principal Component Regression (PCR) was employed, a statistical technique that addresses these problems.  The indicators adopted in the study represent the most important digital factors, and their number reached 10; they represent the dimensions of the digital partnership for 15 countries. The gross domestic product (GDP) was identified as an indicator of economic growth for these countries. Among the most important results of the study, it was shown that the (PCR) methodology helped in reducing the original interconnected data to three main components free of the problem of multicollinearity and building a significant model