Impact of E-Commerce Sector on Indonesian Economy
The development on technology and innovation of digital technology has a huge impact on how people interact in the market. E-commerce gradually takes larger impact every year on economy. The objective of this article is to give a brief explanation of how e-commerce has affected Indonesian economy in...
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| Main Authors: | , , |
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| Other Authors: | |
| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
H. : ĐHKT
2020
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| Subjects: | |
| Online Access: | http://repository.vnu.edu.vn/handle/VNU_123/70543 |
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| Institution: | Vietnam National University, Hanoi |
| Language: | English |
| Summary: | The development on technology and innovation of digital technology has a huge impact on how people interact in the market. E-commerce gradually takes larger impact every year on economy. The objective of this article is to give a brief explanation of how e-commerce has affected Indonesian economy in these past view years. We used Vector Autoregression (VAR) and Input-Output analysis methods to give a wider view on how GDP affected by e-commerce. The result shows that e-commerce does affect GDP positively. And the development of innovation and technology give impact on GDP growth both positively and negatively. By I-O analysis, investment in e-commerce can be increase GDP growth around 0,389 percent and it will be increase the innovation sector. In conclusion e-commerce has a bright future because of the growing digital buyers and users of e-commerce transactions and e-commerce has a positive impact on the Indonesian economy so that relevant stakeholders should support e-commerce to a more advanced stage from now. |
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