Impact of e-commerce on economic growth of countries and territories in the Asian region

Authors

DOI:

10.46223/HCMCOUJS.econ.en.16.7.4469.2026

Keywords:

e-commerce; economic growth; the impact of e-commerce

JEL Classification:

D000; O410; O530

Abstract

This study aims to analyze the impact of e-commerce on economic growth in 28 countries and territories in Asia during the period 2015 - 2023, by applying a panel data regression model using the Fixed Effects Model (FEM). Data was collected from reliable sources such as the World Bank, Statista, and the International Telecommunication Union (ITU). The research results show that E-Commerce Revenue (ECR), E-Commerce User rate (ECU), R&D Expenditure (RDE), Final Consumption (FC), and Population Growth (PG) all have a positive impact on economic growth; meanwhile, the ICT development index and Government Expenditure (GE) show a negative effect.

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References

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Received: 10-06-2025
Accepted: 28-08-2025
Published: 07-09-2025

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How to Cite

Nguyen, D. B., Nguyen, T. M. Q., Huynh, Q. B., Dinh, T. T., Tran, T. T. A., & Nguyen, T. C. N. (2025). Impact of e-commerce on economic growth of countries and territories in the Asian region. Ho Chi Minh City Open University Journal of Science - Economics and Business Administration, 16(7), 84–99. https://doi.org/10.46223/HCMCOUJS.econ.en.16.7.4469.2026

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