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The Effect of Non-Cash Payments on Primary Sector Performance in Indonesia
Abstract
performance of the primary sector in Indonesia. The independent variables consist
of ATM/Debit cards, credit cards, e-money, check payments, and RTGS payments.
The dependent variable of the primary sector is divided into two, namely agricultural GDP and mining GDP. The data used is a secondary data type with time series, observation period 2010.q1-2019.q4. The analytical method of this study uses the Error Correction Model (ECM) estimation to determine the effect of non-cash payments in the short and long term. The short-term estimation results in the mining
sector only have a significant influence on the RTGS variable, while in the long term
it is influenced by credit cards, e-money, and RTGS. The results of the short-term
estimation of the agricultural sector have a significant effect on credit cards, checks,
and RTGS, while in the long term only checks are significant
Keywords
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DOI: https://doi.org/10.21107/mediatrend.v17i1.13632
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