The Impact of Information Technology Developments on The Economy in Türkiye

Mustafa Enes Acikgoz, BA

Diplomová práce

Abstract:

This thesis investigates how developments in information technologies influence the Turkish economy between 2005 and 2024, focusing on two main indicators: GDP (constant LCU) and ICT Market Size. The practical part applies two versions of Okun’s Law using the Ordinary Least Squares (OLS) method, estimated with the Gretl software, to measure how changes in unemployment relate to both overall economic performance and the performance of the ICT sector. In addition to the econometric analysis, an exploratory analysis of Türkiye’s digital transformation is included, covering trends in internet access, mobile use, digital banking, e-commerce, and ICT employment. Results show that Okun’s Law supports Türkiye, with unemployment increases significantly reducing GDP growth. The ICT model reveals an even stronger negative effect, indicating that the ICT sector is far more sensitive to labor market conditions than the overall economy. Exploratory findings also confirm rapid growth in digital infrastructure, online services, and ICT-related activities, supporting the view that Türkiye is becoming increasingly technology-driven. Overall, the thesis highlights the economic importance of IT developments and underlines the need for policies that support innovation, improve digital skills, strengthen infrastructure, and maintain a stable labor market.

Keywords

Digital Economy, E-commerce, Economic Growth, Employment, Information Technology, Innovation, Research and Development, Technology Adoption, Türkiye

Jazyk práce: angličtina

Datum vytvoření / odevzdání či podání práce: 14. 12. 2025

Obhajoba závěrečné práce

• Obhajoba proběhla 4. 2. 2026
• Vedoucí: Ing. Ghaeth Fandi, Ph.D.
• Oponent: Yassine Daoudi

Česká zemědělská univerzita v Praze

Provozně ekonomická fakulta

Magisterský studijní program:
Economics and Management