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Research Project of “Economic Growth Due to the Mobile Internet”
Time:2018-04-24 09:13:11   Clicks:

This research is a part of a more comprehensive research plan on the digital economy, the mobile-internet-based economy, its impact on the market growth, and an estimate of the online platform, its expansion, and its contribution to the GDP growth. 

In this research, the research team concluded that, according to institutional economics, the forms of the decrease of unit transaction cost are the changes of transactions methods and the way of production, which leads to the expansion of the market scale and tremendous economic growth. A model is therefore developed during the research to estimate the quantitative impact of the mobile internet on the market growth. According to this model, a new market two times the size of the current market has been created by the mobile internet, and foreseeably in 2025, the GDP growth rate will reach 3.5%, and about 7.8% by 2035. The figures might be inaccurate due to the constraints of the available data, but it suffices to say that the mobile internet era has ushered in an economically revolutionary era. 

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