Carlos RAMIREZ VALDEBENITO1 and Elena Madalina GHERGHINA2
1 Technical Training Center, Los Lagos Professional Institute, Department of Administration and Business, Chile
2 Bucharest University of Economic Studies, Faculty of Theoretical and Applied Economics, Romania
Volume 2021 (40),
Article ID 38106921,
Innovation and Technology in the Global Economy: 38ECO2 2021
Abstract
The Industrial Revolution 4.0 impacts all areas of knowledge, technology becoming a requirement of the 21st century for the whole society. However, the processes of automation and digitalization take place uniformly neither across all economies nor at the individual level. This paper proposes to verify the existence of the correlation between internet use and inequality and between internet use and the poverty rate for the 27 member states of the European Union for the period 2010-2019. The statistically significant moderate correlations between the used variables demonstrate that the most egalitarian economies and the countries with a lower poverty rate are the countries where digital inclusion is higher.
Keywords: Industrial Revolution 4.0, Inequality, Poverty rate, Digital skill