Table 5.
Digital economy toot kit comparison.
| Tool Kit | Weighting Factor Used | Takes Into Consideration |
Most Dataset Publicly Available in Nigeria | Currently Feasible for Developing Countries | ||||
|---|---|---|---|---|---|---|---|---|
| Economy | Government | Social Wellbeing | Free services | Peculiarities of Developing Economies | ||||
| Digital Economy and Society Index (DESI) (2020) | No Free | Yes | No | Yes | No | No | No | No |
| Network Readiness Index (NRI) (2020) | Yes | Yes | Yes | Yes | No | No | No | Yes |
| Electronic Government Development Index (EGDI) (2020) | Yes | No | Yes | No | No | No | No | Yes |
| ICT Development Index (2017) | Yes | No | No | Yes | Yes | No | No | Yes |
| Measuring digital development: facts and figures (2020) | No | Yes | No | Yes | No | No | Yes | Yes (Not Extensive Enough) |
| Going Digital Toolkit (2020) | No | Yes | No | Yes | Yes | No | No | Yes |
| ROAM-X framework (2020) | Yes | No | No | Yes | No | No | No | Yes |
| Digital Economy Country Assessment (DECA) (2020) | Yes | No | Yes | No | No | No | Yes | |
| Digital Adoption Index – (2016) | NO | No | Yes | Yes | No | Yes | Yes | |
| Research and Analysis on the Index System of Digital Economy in Anhui Province (2021) | Yes | Yes | No | No | Yes | No | No | No |
| Study on the effect of digital economy on high-quality economic development in China (2021) | Yes | No | No | No | No | No | No | No |
| Impact of broadband speed on economic outputs: An empirical study of OECD countries | Yes | No | No | No | Yes | |||
| Impact of ICT development on economic growth. A study of OECD European union countries | Yes | Yes | No | Yes | No | No | No | Yes |
| Measuring the efficiency of digital convergence (data envelopment analysis (DEA) and Malmquist productivity index) | Yes | Yes | No | No | No | No | No | No |
| A new measure of digital economic activity and its impact on local opportunity | No | No | No | No | No | Yes | Yes | Yes |
| Approaches to Defining and Measuring Russia's Internet Economy Based on System of National Accounts (SNA), | Yes | Yes | No | No | No | No | No | NO |