MODELING OF IMPACT OF E–COMMERCE ON ECONOMIC DEVELOPMENT

Abstract

The emergence and spread of e–commerce greatly influenced the development of both national and global economies. The e–commerce has affected the global economy in many different ways. First of all, it has affected the information technology, and all the economic sectors, all and above e–commerce has enhanced the productivity growth worldwide. Fundamentally new information technologies in the sphere of IT business appeared under the e–commerce influence (cloud services, electronic payment systems, handling of large unstructured data, etc.). In the article the role of e–commerce as a promising sector in the economy of Ukraine, the peculiarities of electronic commerce in the country. A model based on the Cobb–Douglas function, which allowed to conduct research performance impact of electronic commerce on economic development and economic growth.