VGTU talpykla > Verslo vadybos fakultetas / Faculty of Business Management > Moksliniai straipsniai / Research articles >

Lietuvių   English
Please use this identifier to cite or link to this item: http://dspace.vgtu.lt/handle/1/4094

Title: Canonical Correlation Analysis and a New Composite Index on Digitalization and Labor Force in the Context of the Industrial Revolution 4.0
Authors: Androniceanu, Ane-Mari
Georgescu, Irina
Tvaronavičienė, Manuela
Androniceanu, Armenia
Keywords: canonical correlation analysis
digitalization
labor force
composite index
Issue Date: 2020
Publisher: MDPI
Citation: Androniceanu, A.-M.; Georgescu, I.; Tvaronavičienė, M.; Androniceanu, A. Canonical Correlation Analysis and a New Composite Index on Digitalization and Labor Force in the Context of the Industrial Revolution 4.0. Sustainability 2020, 12, 6812.
Series/Report no.: 12;17
Abstract: The current phenomenon of the economy-accelerated digitalization, known as the “Industry 4.0”, will generate both an increased productivity, connectivity and several transformations on the labor force skills. Our research objectives are to determine the influence that digitalization has had on the workforce in several developed countries and to propose a new composite indicator that reflects these dynamics over time. We have used the Canonical Correlation Analysis (CCA) in order to identify and analyze the correlations between two sets of variables, an independent one and a dependent one. Data were collected from the World Bank and World Economic Forum for the years 2018–2019. Based on the results of our research we have determined and made a consistent analysis of the new composite index of digitalization and labor force in 19 countries. The results of our research are relevant and show not only the impact of digitalization on the labor force in different countries, but also the structural changes required by the new economic and social models. Our research can help decision-makers get in advance the necessary measures in the field of labor force in order to ensure a proper integration of these measures into the new economic model based on digitalization.
Description: This article belongs to the Special Issue Digitalization and Sustainable Development
URI: http://dspace.vgtu.lt/handle/1/4094
ISSN: 2071-1050
Appears in Collections:Moksliniai straipsniai / Research articles

Files in This Item:

File Description SizeFormat
Canonical Correlation Analysis and a New Composite Index on Digitalization and Labor Force in the Context of the Industrial Revolution 4.0.pdf1.11 MBAdobe PDFView/Open

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.

 

Valid XHTML 1.0! DSpace Software Copyright © 2002-2010  Duraspace - Feedback