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The Impact of ICT on Economic Sectors

Abstract

As the author could not find a reassuring mathematical and statistical method in the literature for studying the effect of information communication technologyon enterprises, the author suggested a new research andanalysis method that he also used to study the Hungarian economic sectors. The question of what factors have an effecton their net income is vital for enterprises. The highest increment of specific Gross Value Added was produced by thefields of ‘Manufacturing’, ‘Electricity, gas and water supply’,‘Transport, storage and communication’ and ‘Financialintermediation’. With the exception of ‘Electricity, gas andwater supply’, the other economic sectors belong to the groupof underdeveloped branches (below 50%).On the other hand, ‘Construction’, ‘Health and social work’and‘Hotels and restaurants’ can be seen as laggards, so theygot into the lower left part of the coordinate system.‘Agriculture, hunting and forestry’ can also be classified as alaggard economic sector, but as the effect of the compoundindicator on the increment of Gross Value Added was lesssignificant, it can be found in the upper left part of thecoordinate system. Drawing a trend line on the points, it can bemade clear that it shows a positive gradient, that is, the higherthe usage of ICT devices, the higher improvement can bedetected in the specific Gross Value Added

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