The Effect of Non-Cash Payments on Primary Sector Performance in Indonesia

• Main Authors: Mira Ayu Astari, -, Wisnu Wibowo, -
• Format: Article PeerReviewed
• Language: English; English; Indonesian
• Published: Universitas Trunojoyo 2022
• Subjects: H Social Sciences; HG Finance
• Online Access: https://repository.unair.ac.id/123172/1/WisnuWibowo_Artikel405_The-Effect-of-Non-Cash.pdf; https://repository.unair.ac.id/123172/2/WisnuWibowo_Similarity405_The-Effect-of-Non-Cash.pdf; https://repository.unair.ac.id/123172/3/WisnuWibowo_KualitasKaril405.pdf; https://repository.unair.ac.id/123172/; https://journal.trunojoyo.ac.id/mediatrend/article/view/13632; https://doi.org/10.21107/mediatrend.v17i1.13632
• Institution: Universitas Airlangga

The purpose of this study is to examine the effect of non-cash payments on the performance of the primary sector in Indonesia. The independent variables consist of ATM/Debit cards, credit cards, e-money, check payments, and RTGS payments. The dependent variable of the primary sector is divided into two, namely agricultural GDP and mining GDP. The data used is a secondary data type with time series, observation period 2010.q1-2019.q4. The analytical method of this study uses the Error Correction Model (ECM) estimation to determine the effect of non-cash payments in the short and long term. The short-term estimation results in the mining sector only have a significant influence on the RTGS variable, while in the long term it is influenced by credit cards, e-money, and RTGS. The results of the short-term estimation of the agricultural sector have a significant effect on credit cards, checks, and RTGS, while in the long term only checks are significant