Sharing economy in the smart city development

Institute of Economics of the Ural Branch of the Russian Academy of Sciences, 29 Moskovskaya St., 620014 Ekaterinburg, Russia

^* Corresponding author: vay_uiec@mail.ru

Abstract

The concept of the sharing economy developed in the last decade is vastly underestimated. The study aims to substantiate the potential of the sharing economy in the development of smart cities. Based on a bibliometric analysis of research publications, it is shown that the concepts of the sharing economy and smart cities intersect in such areas as sustainable development, digital technologies, and the development of public goods. Three regression models have been built. We prove that the key parameter for the development of services of the sharing economy is the availability of free and fast access to the Internet. The development of some services, in particular, carsharing, was found to be dependent on the size of the city, which explains the expediency of its development only in large cities and nearby territories. It is also shown that the impact of bicycle rental services, as well as digital platforms of the sharing economy does not depend on the city size and can be used to develop the public goods sector, as well as ensure sustainable development, respectively. In conclusion, using the case of Moscow and Saint Petersburg, we demonstrated that the development of these services was not stable.