An Analysis Of The Influence Of E-Commerce And The Rupiah Exchange Rate On Indonesia's Economic Growth

Rafika Santri; Mohammad Yusuf; Sanusi Ghazali Pane

Rafika Santri Universitas Pembangunan Panca Budi, Medan, North Sumatera, Indonesia
Mohammad Yusuf Universitas Pembangunan Panca Budi, Medan, North Sumatera, Indonesia
Sanusi Ghazali Pane Universitas Pembangunan Panca Budi, Medan, North Sumatera, Indonesia

Keywords: E-Commerce, Rupiah Exchange Rate, Economic Growth.

Abstract

This research aims to analyze the influence of E-Commerce and the Rupiah Exchange Rate on Indonesia's Economic Growth in the 2019-2023 period. Using quantitative descriptive research methods with timeseries secondary data analyzed via SPSS software, this research tests three main hypotheses: the significant influence of E-Commerce on economic growth, the significant influence of the Rupiah Exchange Rate on economic growth, and the simultaneous influence of E-Commerce and the Rupiah Exchange Rate to economic growth. The analysis results show that individually, E-Commerce does not have a significant influence on economic growth, with a sig value of 0.689 (>0.05). Meanwhile, the Rupiah Exchange Rate shows a significant and negative influence on economic growth, with a sig value of 0.022 (<0.05), which means that Rupiah depreciation tends to reduce economic growth. Simultaneously, these two variables show a significant influence on economic growth with a sig value of 0.038 (<0.05) and an R² of 0.962, indicating that the combination of these two variables can explain 96.2% of the variability in Indonesia's economic growth.

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