Quantitative Economics and Management Studies
Vol. 4 No. 6 (2023)

Analysis of Digital Economy Determinants in Indonesia

Ahmad Albar Tanjung (Sekolah Tinggi Ilmu Manajemen Sukma, Medan, Indonesia)
Muliyani Muliyani (Sekolah Tinggi Ilmu Manajemen Sukma, Medan, Indonesia)
Nurhayati Nurhayati (Sekolah Tinggi Ilmu Manajemen Sukma, Medan, Indonesia)
Mutiara Y. Br. Ginting (Unknown)
Wulan Fitri Nasution (Sekolah Tinggi Ilmu Manajemen Sukma, Medan, Indonesia)



Article Info

Publish Date
01 Sep 2023

Abstract

The aims of this research is to determine the digital economy in Indonesia which consist of e-commerce, financial technology, and the number of internet users. This research was descriptive statistical method and using panel data regression model. The period of this research starts from 2020-2022 with cross-sectional data from 34 provinces in Indonesia. The data was collected from the Central Bureau of Statistics and East Ventures. The results of this study indicate that e-commerce has a positive and significant effect on the digital economy, financial technology has a positive and significant effect on the digital economy, the number of internet users has a positive and insignificant effect on the digital economy in Indonesia. This research provides a new insight of the role of e-commerce in economic growth and the importance of government policy and intervention in promoting local products on various e-commerce platforms. The low level of digital literacy in Indonesia required the role of academics and practitioners to participate in establish a smart technology society.

Copyrights © 2023






Journal Info

Abbrev

qems

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Mathematics

Description

Journal of Quantitative Economics and Management Studies (QEMS) is an international peer-reviewed open-access journal dedicated to interchange for the results of high-quality research in all aspects of economics, management, business, finance, marketing, accounting. The journal publishes ...