Impact of e-commerce on economic growth of countries and territories in the Asian region
Authors
-
Nguyen Dinh Binh
ndbinh@uel.edu.vn
University of Economics and Law, Ho Chi Minh City
Vietnam National University Ho Chi Minh City, Ho Chi Minh City, Viet Namhttps://orcid.org/0000-0001-8511-4514- Nguyen Tran My Quyen
University of Economics and Law, Ho Chi Minh City
Vietnam National University Ho Chi Minh City, Ho Chi Minh City, Viet Namhttps://orcid.org/0009-0002-2417-741X- Huynh Quang Buu
University of Economics and Law, Ho Chi Minh City
Vietnam National University Ho Chi Minh City, Ho Chi Minh City, Viet Namhttps://orcid.org/0009-0009-4217-2218- Dinh Thuy Trang
University of Economics and Law, Ho Chi Minh City
Vietnam National University Ho Chi Minh City, Ho Chi Minh City, Viet Namhttps://orcid.org/0009-0000-1482-0032- Tran Thi Thuc Anh
University of Economics and Law, Ho Chi Minh City
Vietnam National University Ho Chi Minh City, Ho Chi Minh City, Viet Namhttps://orcid.org/0009-0004-6460-3801- Nguyen Thi Cam Nhung
University of Economics and Law, Ho Chi Minh City
Vietnam National University Ho Chi Minh City, Ho Chi Minh City, Viet Namhttps://orcid.org/0009-0004-6256-3092DOI:
10.46223/HCMCOUJS.econ.en.16.7.4469.2026Keywords:
e-commerce; economic growth; the impact of e-commerceJEL Classification:
D000; O410; O530Abstract
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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Received: 10-06-2025Accepted: 28-08-2025Published: 07-09-2025Statistics Views
Abstract: 994 PDF: 164How 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.16.7.4469.2026License
Copyright (c) 2026 Nguyen Dinh Binh; Nguyen Tran My Quyen; Huynh Quang Buu; Dinh Thuy Trang; Tran Thi Thuc Anh; Nguyen Thi Cam Nhung

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
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