Electronic Payment and Economic Growth in Indonesia
| Autor: | Wasiaturrahma Wasiaturrahma, Anita Lucky Kurniasari |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2021 |
| Předmět: | |
| Zdroj: | JDE (Journal of Developing Economies), Vol 6, Iss 2, Pp 286-307 (2021) |
| Druh dokumentu: | article |
| ISSN: | 2541-1012 2528-2018 |
| DOI: | 10.20473/jde.v6i2.24923 |
| Popis: | The purpose of this study is to investigate the effect of non-cash payment transactions on economic growth in Indonesia and to see the responses from supporting variables, such as the velocity of money and the price of transactions. This study involves a Vector Error Correction Model (VECM) analysis tool, using monthly time series data during 2009: 1 – 2017: 12. The results show that the payment instrument affects economic growth, especially the Card-Based Payment Instrument (CBPI). In addition, there are changes to the velocity of money and prices caused by the increase in the use of non-cash payment instruments. Keywords: Electronic Payment, Economic Growth, Vector Error Correction Model (VECM) JEL: E4; C51 |
| Databáze: | Directory of Open Access Journals |
| Externí odkaz: |
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