Influence of the digital economy on economic growth: empirical study of a region in Indonesia

This research seeks to explore how the digital economy affects economic growth in 34 provinces in Indonesia by analyzing quarterly data from 2017 to 2022 using dynamic panel GMM estimation techniques. The findings indicated a lasting connection between the economy and economic growth along with a be...

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Main Authors: Indra Suhendra, Navik Istikomah, Cep Jandi Anwar, Apip Supriadi, Ali Abdul Wakhid, Eka Purwanda, Agus Salim
Format: Article
Language:English
Published: Taylor & Francis Group 2025-12-01
Series:Cogent Economics & Finance
Subjects:
Online Access:https://www.tandfonline.com/doi/10.1080/23322039.2025.2457477
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author Indra Suhendra
Navik Istikomah
Cep Jandi Anwar
Apip Supriadi
Ali Abdul Wakhid
Eka Purwanda
Agus Salim
author_facet Indra Suhendra
Navik Istikomah
Cep Jandi Anwar
Apip Supriadi
Ali Abdul Wakhid
Eka Purwanda
Agus Salim
author_sort Indra Suhendra
collection DOAJ
description This research seeks to explore how the digital economy affects economic growth in 34 provinces in Indonesia by analyzing quarterly data from 2017 to 2022 using dynamic panel GMM estimation techniques. The findings indicated a lasting connection between the economy and economic growth along with a beneficial influence on economic development. The results suggest that policymakers should prioritize promoting the adoption of economic initiatives. Next on the agenda was the necessity of implementing regulations to govern commerce and offer perks to companies using technology. Subsequently, there was a need to improve the infrastructure of information and communication technology (ICT) and give priority to its accessibility across all regions. Furthermore, there is a call to enhance the skills and proficiency of workers and human resources within the ICT industry. Lastly, A crucial aspect is the call for investments aimed at boosting capabilities within the ICT and electronic business sectors.
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issn 2332-2039
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publishDate 2025-12-01
publisher Taylor & Francis Group
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series Cogent Economics & Finance
spelling doaj-art-f2e5a8144e574d4d95e663c5c9584b012025-01-30T06:06:52ZengTaylor & Francis GroupCogent Economics & Finance2332-20392025-12-0113110.1080/23322039.2025.2457477Influence of the digital economy on economic growth: empirical study of a region in IndonesiaIndra Suhendra0Navik Istikomah1Cep Jandi Anwar2Apip Supriadi3Ali Abdul Wakhid4Eka Purwanda5Agus Salim6Department of Economics, Faculty of Economics and Business, University of Sultan Ageng Tirtayasa, Serang, IndonesiaEconomics Education Program Study, Universitas Pendidikan Indonesia University, Bandung, IndonesiaDepartment of Economics, Faculty of Economics and Business, University of Sultan Ageng Tirtayasa, Serang, IndonesiaDepartment of Development Economics, Faculty of Economics and Business, University of Siliwangi, Tasikmalaya, IndonesiaDepartment of Islamic Political Thought, Faculty of Ushuluddin and Religious Studies, Raden Intan Lampung State Islamic University, Bandar Lampung, IndonesiaSTIE STEMBI, Bandung Business School, Bandung, IndonesiaDepartment of Economics, Faculty of Economics and Business, University of Sultan Ageng Tirtayasa, Serang, IndonesiaThis research seeks to explore how the digital economy affects economic growth in 34 provinces in Indonesia by analyzing quarterly data from 2017 to 2022 using dynamic panel GMM estimation techniques. The findings indicated a lasting connection between the economy and economic growth along with a beneficial influence on economic development. The results suggest that policymakers should prioritize promoting the adoption of economic initiatives. Next on the agenda was the necessity of implementing regulations to govern commerce and offer perks to companies using technology. Subsequently, there was a need to improve the infrastructure of information and communication technology (ICT) and give priority to its accessibility across all regions. Furthermore, there is a call to enhance the skills and proficiency of workers and human resources within the ICT industry. Lastly, A crucial aspect is the call for investments aimed at boosting capabilities within the ICT and electronic business sectors.https://www.tandfonline.com/doi/10.1080/23322039.2025.2457477Digital economyeconomic growthInformation and Communication TechnologyPanel GMMIndonesiaEconomics
spellingShingle Indra Suhendra
Navik Istikomah
Cep Jandi Anwar
Apip Supriadi
Ali Abdul Wakhid
Eka Purwanda
Agus Salim
Influence of the digital economy on economic growth: empirical study of a region in Indonesia
Cogent Economics & Finance
Digital economy
economic growth
Information and Communication Technology
Panel GMM
Indonesia
Economics
title Influence of the digital economy on economic growth: empirical study of a region in Indonesia
title_full Influence of the digital economy on economic growth: empirical study of a region in Indonesia
title_fullStr Influence of the digital economy on economic growth: empirical study of a region in Indonesia
title_full_unstemmed Influence of the digital economy on economic growth: empirical study of a region in Indonesia
title_short Influence of the digital economy on economic growth: empirical study of a region in Indonesia
title_sort influence of the digital economy on economic growth empirical study of a region in indonesia
topic Digital economy
economic growth
Information and Communication Technology
Panel GMM
Indonesia
Economics
url https://www.tandfonline.com/doi/10.1080/23322039.2025.2457477
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