Effect of Internet, Money Supply and Volatility on Economic Growth in Indonesia

Abstract

This research aims to examine the effect of the internet and money supply on economic growth in Indonesia. The Autoregressive Distributed Lag (ARDL) model is used to analyze annual time series data of the internet, money supply, and GDP over the period 1994-2017. Time series of GDP is used as a proxy for economic growth. The analysis shows that in the long-run the internet, money supply, and volatility do not have an impact on economic growth. In the short run, however, they affect economic growth.