Digitalization in Open Economies

Theory and Policy Implications

  • Michael Vogelsang

Part of the Contributions to Economics book series (CE)

Table of contents

  1. Front Matter
    Pages i-xvi
  2. Characteristics of the Digital Economy

    1. Front Matter
      Pages 1-1
    2. Michael Vogelsang
      Pages 3-6
    3. Michael Vogelsang
      Pages 7-56
  3. Economic Theory

    1. Front Matter
      Pages 58-58
    2. Michael Vogelsang
      Pages 59-94
    3. Michael Vogelsang
      Pages 95-102
    4. Michael Vogelsang
      Pages 103-128
    5. Michael Vogelsang
      Pages 129-140
    6. Michael Vogelsang
      Pages 141-146
  4. Economic Policy

    1. Front Matter
      Pages 148-148
    2. Michael Vogelsang
      Pages 149-175
    3. Michael Vogelsang
      Pages 177-207
    4. Michael Vogelsang
      Pages 209-215
    5. Michael Vogelsang
      Pages 217-221
    6. Michael Vogelsang
      Pages 223-244
  5. Back Matter
    Pages 245-262

About this book


Digital strings are not visible, but affect all economic segments. This book studies the phenomenon of digitalization with the instruments of economics in order to explore the interdependencies between digitalization, economic policy, and macroeconomic variables of open economies. Digitalization is separated into the three components networks, IT services, and digital goods which are then incorporated into macroeconomic models of trade theory in open economies. This approach allows to formally describe the cross-effects between digitalization and macroeconomic variables of a country. Specifically, it is used to analyze interdependencies between macroeconomic variables and networks, IT services, and digital goods, and to determine the challenges of digitalization for economic policy and regulation.


Digital Economy Digital Goods and IT Services Digitalization Macroeconomics Networks Open Economics Trade theory

Authors and affiliations

  • Michael Vogelsang
    • 1
  1. 1.Europäisches Institut für InternationaleBergische Universität WuppertalWuppertalGermany

Bibliographic information

  • DOI
  • Copyright Information Physica-Verlag Heidelberg 2010
  • Publisher Name Physica-Verlag HD
  • eBook Packages Business and Economics
  • Print ISBN 978-3-7908-2391-2
  • Online ISBN 978-3-7908-2392-9
  • Series Print ISSN 1431-1933
  • Buy this book on publisher's site
Industry Sectors
Finance, Business & Banking