Electronic Payment And Economic Growth In Indonesia

Wasiaturrahma, Dr and ANITA LUCKY KURNIASARI, 041411131003 (2021) Electronic Payment And Economic Growth In Indonesia. Journal of Developing Economies (JDE), 6 (2). pp. 286-307. ISSN 2541-1012, eISSN: 2528-2018

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Official URL: https://e-journal.unair.ac.id/JDE/article/view/249...

Abstract

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.

Item Type: Article
Uncontrolled Keywords: Electronic Payment, Economic Growth, Vector Error Correction Model (VECM)
Subjects: H Social Sciences
H Social Sciences > HB Economic Theory
H Social Sciences > HG Finance
Divisions: 04. Fakultas Ekonomi dan Bisnis > Doktoral Ilmu Ekonomi
Creators:
CreatorsNIM
Wasiaturrahma, DrUNSPECIFIED
ANITA LUCKY KURNIASARI, 041411131003UNSPECIFIED
Depositing User: Tn Sugeng Riyanto
Date Deposited: 08 Aug 2022 00:45
Last Modified: 18 Oct 2022 02:21
URI: http://repository.unair.ac.id/id/eprint/117354
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