The Impact of Electronic Money on The Efficiency of The Payment System And The Substitution of Cash In Indonesia

Alghifari Mahdi Igamo

Abstract


This paper examines the effect of electronic money on the efficiency of the payment system and narrow money demand function from 2007-2017 using Indonesia monthly data. This reseacrh found that electronic money increase private consumption expenditures as a proxy of the efficiency. On the other hand, result showed that electronic money decrease narrow money (M1).

 


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DOI: https://doi.org/10.29259/sijdeb.v2i3.237-254

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Sriwijaya International Journal of Dynamic Economics and Business
Jl. Srijaya Negara Gedung Fakultas Ekonomi Lt.3
Fakultas Ekonomi Universitas Sriwijaya
Bukit Besar, Palembang, Sumatera Selatan, Indonesia, 30139
Email: sijdeb@unsri.ac.id


p-ISSN: 2581-2904 | e-ISSN: 2581-2912


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Sriwijaya International Journal of Dynamic Economics and Business by http://ejournal.unsri.ac.id/index.php/sijdeb is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.



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