The Effect of E-Commerce on National Income in 114 Countries

Authors

  • Rasi Tamadhika Fajar Ramadhan  Departement of Economic Science, IPB University, Bogor, West Java, Indonesia
  • Bambang Juanda  Lecture, Department of Economic Science, IPB University, Bogor, West Java, Indonesia
  • Muhammad Findi Alexandi  Lecture, Department of Economic Science, IPB University, Bogor, West Java, Indonesia

DOI:

https://doi.org//10.32628/IJSRSET196540

Keywords:

ICT, E-Commerce, National Income

Abstract

Information, Communication and Technology (ICT) was growing rapidly. E-commerce creates new economic activities through technology, especially in the field of trade. The main objective of the studied was to analyze the effect of e-commerce on national income. The analysis was performed by EC2SLS (Error Component-Two Stage Least Square) method. Analysis using panel data with cross section data of 114 countries in the 2016-2017 period. The data used were GDP data based on purchasing power parity (PPP); previous year's GDP; e-commerce users; ICT services exports and imports; government spending; investment (FDI); country dummy. The analysis shows that e-commerce had a significant effect on national income. E-commerce for 113 other countries had a positive influence of 0.0026% while e-commerce for indonesia had a positive influence of 0.0080%.

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International Journal of Scientific Research in Science, Engineering and Technology

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Published

2019-10-30

Issue

Volume 6, Issue 5, September-October-2019

Section

Research Articles

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How to Cite

[1]
Rasi Tamadhika Fajar Ramadhan, Bambang Juanda, Muhammad Findi Alexandi, " The Effect of E-Commerce on National Income in 114 Countries , International Journal of Scientific Research in Science, Engineering and Technology(IJSRSET), Print ISSN : 2395-1990, Online ISSN : 2394-4099, Volume 6, Issue 5, pp.148-155, September-October-2019. Available at doi : https://doi.org/10.32628/IJSRSET196540