COMPARISON OF THE E-COMMERCE TRANSACTION VALUE RELATIONSHIP WITH ECONOMIC GROWTH IN INDONESIA AND THE UNITED STATES

ABSTRACT: The development of technology makes it easy to communicate and to do transaction, especially in the digital economy. The development of the digital economy is currently very rapid where one of them is ecommerce. E-commerce has become one of the pillars of the economic community in developed and developing countries such as the United States and Indonesia. The research objective is to determine the analysis of e-commerce transaction trends in 2019 – 2023, determine the differences in the growth of ecommerce transactions in Indonesia and the United States and analyze the relationship between e-commerce transactions and economic growth in Indonesia and the United States. The analysis technique used in this research is trend analysis, average difference test and casuality granger analysis. The results showed that the trend of e-commerce transactions in Indonesia and the United States experienced an increasing trend in 2019- 2023, there were differences in the growth of e-commerce transactions in Indonesia and the United States and there was a positive and significant relationship between e-commerce transactions and economic growth in Indonesia and United States of America. The implication of this research is the Indonesian government to create a strategic e-commerce design.
KEYWORDS: E-Commerce, Economic Growth