Jurnal Inovasi Bisnis (Inovbiz)
Vol 12, No 1 (2024)

ANALYSIS OF THE RELATIONSHIP OF E-COMMERCE TRANSACTIONS, INTERNET USERS, FOREIGN CAPI-TAL AND LABOR TO INDONESIAN ECONOMIC GROWTH

Fachrial Djannah Rosadi (UNIVERSITAS PEMBANGUNAN PANCA BUDI)
Anita N Hutasoit (UNIVERSITAS PEMBANGUNAN PANCA BUDI)
Irfan Fauji (UNIVERSITAS PEMBANGUNAN PANCA BUDI)
SANUSI GAZALI PANE (UNIVERSITAS PEMBANGUNAN PANCA BUDI)



Article Info

Publish Date
26 Jun 2024

Abstract

Economic growth is influenced by E-commerce and several variables, the other variables are Labor, Internet Users and Foreign Investment. The variables used in this study are more than one variable, so the analysis method used is Vector Autoregressive (VAR). This method is used in order to see the relationship between variables which is one of the multivariate analyzes for time series data. This research uses data on E-commerce Transactions, Labor, GDP, Internet Users and Foreign Investment for the period January 2019-December 2022. The results of the forecast in this study using the VAR method can be seen that the variables with the first largest contribution to GDP is GDP itself and the Labor. As for the first largest contribution to E-commerce Transactions are the variables themselves, Economic Growth, and Foreign Investment

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Journal Info

Abbrev

IBP

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Inovasi Bisnis (Inovbiz) focuses on how we gain knowledge through innovation and how knowledge encourages the innovation both in economics and business. It is provided for writer, researcher, professor, and practitioner who want to publish their research reports or articles, theoritical or ...