Integration of Visualizing Networks Mapping and Principal Component Analyses of Digital Economic Performance in Uzbekistan

Abstract

Economic development model plays absolute role on transforming digitalization process in the country, especially transition economies. This research aims to study implementation of ICT in all regions of Uzbekistan. Visualized networking of individual digitalization process was conducted to investigate the economic efficiency of 14 sectors. The data was numerical discrete retrieved during the period 2015–2020 and analyzed by using Gephi network mapping methods and Factor analyses. It was found from the results that unobserved 3 latent variables have association with statistically significance level of 1%. Results on empirical analyses obtained using by STATA 16.0. Main outcomes of the research was By improving total ICT service sector share in 1 ICT value creation will increase 97 percent with 1 percent statistically significance level. Finally, the chapter concludes with a discussion of SEM Path method and the proper use of improvement ICT sector network visualizations and with a summary of some ongoing and future developments.