Digitalization and its impact on the region’s economy

The purpose of this study is a formalized assessment of the impact of digitalization of regional systems on the parameters and dynamics of their economic growth. Methods of constructing production functions are used as methodological tools to ensure the achievement of this goal, where the level of digital transformation of the studied regional group is taken into account as one of the exogenous factors. The subject of the study is economic relations regarding the digital transformation of the socio-economic environment as a key factor generating economic dynamics in the context of systemic transformations.