Nomico
Vol. 1 No. 7 (2024): Nomico-August

E-Commerce's Impact On Economic Growth

Lidya Anggraeni (Fakultas Ekonomi dan Bisnis, Universitas Jambi, Jambi)
Syamsurijal Tan (Fakultas Ekonomi dan Bisnis, Universitas Jambi, Jambi)
Junaidi Junaidi (Fakultas Ekonomi dan Bisnis, Universitas Jambi, Jambi)
Erni Achmad (Fakultas Ekonomi dan Bisnis, Universitas Jambi, Jambi)



Article Info

Publish Date
23 Aug 2024

Abstract

This study aims to analyze the impact of e-commerce on economic growth in Indonesia using a Systematic Literature Review (SLR) approach. E-commerce has become a significant global phenomenon, and Indonesia is projected to have the highest e-commerce growth rate in the world in 2024. With an e-commerce trade value reaching 78%, Indonesia shows great potential in this sector. The study finds that e-commerce contributes significantly to increased productivity and efficiency, broader market access, and technology and innovation adoption by SMEs. However, challenges such as technology access, digital literacy, and infrastructure remain obstacles. The study emphasizes the need for policies that support the enhancement of digital infrastructure and training for SMEs to optimize e-commerce potential. Relevant policy implications can help the government and stakeholders maximize the benefits of e-commerce for national economic growth. By using the SLR approach, this study provides a comprehensive and integrative analysis of the impact of e-commerce on economic growth in Indonesia and presents strong empirical evidence of the causal relationship between the two. The study also offers recommendations for future research, including the use of primary data, regional analysis, international comparative studies, and attention to social and environmental impacts. Additionally, further research into policy and regulatory effectiveness, the role of technology and innovation, longitudinal studies, and collaboration with the private sector is also recommended. Thus, this study makes an important contribution to understanding and leveraging e-commerce potential for sustainable economic growth in Indonesia.

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Journal Info

Abbrev

NJ

Publisher

Subject

Economics, Econometrics & Finance

Description

The journal publishes original articles on current issues and trends occurring internationally in accounting, financial accounting, public sector accounting, auditing, economics, economics education, development economics, economic statistics, monetary economics, international economics, ...