Analysis the Influence of the Information and Communication Industry on GDP Sector and Economic Growth
Abstract
This research aims to delve into the influence of the information and communication industry on the economic growth of a country or region. The information and communication industry has become a major driver in the global economic transformation, especially in the rapidly evolving digital era. According to its methodology, this research falls under ex post facto research, examining cause-and-effect relationships. Meanwhile, in terms of data type and analysis, this research is quantitative. This research utilizes the Error Correction Model (ECM) data analysis technique. The results of this research show that the economic growth of Indonesia tends to increase, while the stock prices of information and communication industry companies fluctuate with varying trends of increase and decrease. The information and communication industry has been proven to influence the economic growth of Indonesia positively and significantly.
Downloads
References
Afrizal, A; dan Farlian, T. (2017). Kontribusi Pasar Modal Terhadap Pertumbuhan Ekonomi Indonesia. Jurnal Ilmiah Mahasiswa (JIM) Ekonomi PembangunanFakultas Ekonomi dan Bisnis, Vol.2 No. 2, 248-255.
Arief, Ulfah Mediaty. (2011). Jenis Layanan Telekomunikasi yang didesain dan dikembangkan untuk memenuhi kebutuhan komunikasi para pelanggan. Jurnal Kompetensi Teknik Vol. 3, No. 1, 65-71.
Aryanto, Yan. (2014). Efek Penetrasi Telekomunikasi Terhadap Ekonomi Indonesia 2002-2011 The Effect of Telecommunication Penetration on the Indonesian Economy in 2002-2011. Buletin Pos dan Telekomunikasi, Vol.12 No.4 Desember 2014: 301 – 310.
BPS. (2022). Statistik Telekomunikasi Indonesia 2021.
Dhewanty, E.W; Sulistianingsih, E; dan Martha, S. (2019). Analisis Kointegrasi dan Error Correction Model Indeks Harga Konsumen Kota Pontianak dan Singkawang. Buletin Ilmiah Math. Stat. dan Terapannya (Bimaster) Volume 08, No. 1 (2019), hal 97 – 102.
Edison, A; Winarso, E; Edisan, T.C.J.A; Nuryani, N; (2019). Pengaruh Return on Assets, Net Profit Margin, dan Earnings per Share Terhadap Harga Saham Pada Bank di Indonesia (Survei pada Bank Konvensional yang terdaftar di Bursa Efek Indonesia Periode 2014-2016). Jurnal Ilmiah Bisnis, Pasar Modal, dan UMKM, Volume. 2, No.1, 150-163.
Enahoro, M.A; & Olawade, D.B. (2021). GSM and The Nigerian Economy: The Journey from 2004 to 2019. International Journal of Economics and Finance; Vol. 13, No. 7; 69-76.
Enders, W. (2004). Applied Econometric Time Series. 2nd Edition. John Wiley & Sons. Inc. America.
Faisol, Nazaruddin Fahmi. Pengaruh Pertumbuhan Produk Domestik Bruto (PDB), Laju Inflasi dan Nilai Tukar Rupaih Terhadap Nilai Impor Indonesia. Prosiding Pluralisme Dalam Ekonomi Dan Pendidikan, ISSN 2407-4268.
Fawaz, F; Popiashvili, A; and Mnif, A. (2021). The effects of telecommunications infrastructure on Latin America’s economic growth. Problemas del Desarrollo. Revista Latinoamericana de Economía, vol. 52, núm. 206, 143-167.
Gujarati, Damodar. (2006). Dasar-Dasar Ekonometrika. Jakarta: Erlangga.
Hutahaean, Parluhutan. (2019). Belanja Negara dan Pertumbuhan Ekonomi Indonesia: Analisis Kointegrasi dan Kausalitas. Kajian Ekonomi Keuangan 3 Nomor 2, 103-115
Ibrahim, A; Alang, A.H; Mahdi, Bahaeuddin, Ahmad, M.A; Darmawati. (2018). Metode Penelitian. Makassar: Gunadarma Ilmu.
Katz, R; and Emara, N. (2022). The Economic Impact of Telecommunications in Egypt. MPRA Paper No. 112467, https://mpra.ub.uni-muenchen.de/112467/
Kementerian Komunikasi dan Informatika. (2018). Studi Analisis Industri Telekomunikasi Indonesia Untuk Mendukung Efisiensi. Jakarta: Puslitbang Sumber Daya, Perangkat, dan Penyelenggaraan Pos dan Informatika.
Kurniawati, Meta Ayu. (2021). Analysis of the impact of information communication technology on economic growth: empirical evidence from Asian countries. Journal of Asian Business and Economic Studies Vol. 29 No. 1, 2-18.
Kusmaryanto, Sigit. Telekomunikasi: Konsep Fundamental Telekomunikasi. Modul Pembelajaran Teknik Elektro, Fakultas Teknik - Universitas Brawijaya.
Lee, S.H; Levendis, J; and Gutierrez, L. (2011). Telecommunications and economic growth: an empirical analysis of sub-Saharan Africa. Applied Economics, 2011, 1–9, iFirst.
Makun, K; and Jayaraman, T.K. (2020). Spread of ICT and Economic Growth in Pacific Island Countries: a Panel Study. Bulletin of Monetary Economics and Banking, Special Issue 2020, pp. 109 – 128.
Ngatono. (2016). Pengaruh Infrastruktur Telekomunikasi Terhadap Pertumbuhan Ekonomi di Provinsi Banten Tahun 2004 -2013. Jurnal PROSISKO Vol. 3 No. 1, 33-42.
Ogbonna, A.A; Obi Cyril, O; Mbanugo, A.E. (2020). Determinants of Telecommunications Sector Contributions to Domestic Output in Nigeria. International Journal of Economics, Commerce and Management, Vol. VIII, Issue 4, 56-88.
Paksi, Raka Putra. (2020). Determinants of Economic Growth: Case of Indonesia. Jurnal Dinamika Ekonomi Pembangunan Vol. 3 No. 3: 157-171.
Peraturan Pemerintah Nomor 52 Tahun 2000 tentang Penyeleanggaraan Telekomunikasi
Remeikiene, R; Gaspareniene, L; Fedajev, A; dan Vebraite, V. (2021). The Role Of ICT Development In Boosting Economic Growth In Transition Economies. Journal of International Studies, 14(4), 9-22.
Raseuky, M., Harahap, I., & Arif Lubis, F. (2023). Projection Analysis of Economic Development in Indonesia in the Perspective of Islamic Economy Using the Vecm Model. Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE), 6(2), 870-898. https://doi.org/10.31538/iijse.v6i2.3736
(2017). Telecommunication and Its Impact over the Economic Development of SAARC Countries. International Research Journal of Interdisciplinary & Multidisciplinary Studies (IRJIMS), Volume-III, Issue-I, 114-124.
Shodiev, T; Turayev, B; Shodiyev, K. (2020). ICT and Economic Growth Nexus : Case of Central Asian Countries. Procedia of Social Sciences and Humanities. https://creativecommons.org/licenses/by/4.0/.
Sugiyono. (2019), Metode Penelitian Kuantitatif, Kualitatif dan R&D. Bandung: Alfabeta.
Sukirno, Sadono. (2010). Makro Ekonomi Teori Pengantar. Edisi Ketiga. Jakarta: Rajawali Pers.
Sulistyowati. (2020). Analisis Pengaruh Pasar Saham Terhadap Pertumbuhan Ekonomi di Negara Berkembang (Suatu Kajian Literatur). Research Fair Unisri, Vol 4, Number 1, 107-114.
Tanjung, A. A., Muliyani, M., Nurhayati, N., Ginting, M. Y. B., & Nasution, W. F. (2023). Analysis of Digital Economy Determinants in Indonesia. Quantitative Economics and Management Studies, 4(6), 1056-1063
Tanjung, A. A., Syafii, M., Tarigan, S. B., & Harahap, W. G. (2022). Analisis Pengaruh Ekonomi Digital Terhadap Pertumbuhan Ekonomi di Indonesia: Model Data Panel. Ekonomi, Keuangan, Investasi dan Syariah (EKUITAS), 4(2), 567-575.
Tanjung, A. A., & Muliyani, S. E. (2021). Metodologi Penelitian: Sederhana, Ringkas, Padat Dan Mudah Dipahami. Scopindo Media Pustaka.
Taufiq, M; Dharmawan, W.R; Jannah, N. (2021). Peran dan Kontribusi Pasar Modal Terhadap Pertumbuhan Ekonomi Indonesia. Journal Of Management, Accounting, Economic and Business. Vol. 02 No. 04, 603- 611.
The ASEAN Secretariat. (2020). ASEAN Key Figures 2020. Jakarta.
Widarjono, Agus, (2006). Ekonometrika Untuk Analisis Ekonomi dan Keuangan. Jakarta: UI.
Copyright (c) 2024 Baloura Sembiring

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.















