Proceedings of the 1st International Conference on Economics and Business, ICEB 2023, 2-3 August 2023, Padang, Sumatera Barat, Indonesia

Research Article

An Analysis The Influence Of Mobile Cellular Subscription, Fixed Telephone Subscription, Gross Fixed Capital Formation, And Labor Force Participation Rate On Gross Domestic Product In Indonesia

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  • @INPROCEEDINGS{10.4108/eai.2-8-2023.2341521,
        author={Dimas Bagus Wiranatakusuma and Yessi Fidiana Zakaria},
        title={An Analysis The Influence Of Mobile Cellular Subscription, Fixed Telephone Subscription, Gross Fixed Capital Formation, And Labor Force Participation Rate On Gross Domestic Product In Indonesia},
        proceedings={Proceedings of the 1st International Conference on Economics and Business, ICEB 2023, 2-3 August 2023, Padang, Sumatera Barat, Indonesia},
        publisher={EAI},
        proceedings_a={ICEB},
        year={2024},
        month={6},
        keywords={gross domestic product gross fixed capital formation labor force participation rate mobile cellular subscriptions fixed telephone subscriptions indonesia},
        doi={10.4108/eai.2-8-2023.2341521}
    }
    
  • Dimas Bagus Wiranatakusuma
    Yessi Fidiana Zakaria
    Year: 2024
    An Analysis The Influence Of Mobile Cellular Subscription, Fixed Telephone Subscription, Gross Fixed Capital Formation, And Labor Force Participation Rate On Gross Domestic Product In Indonesia
    ICEB
    EAI
    DOI: 10.4108/eai.2-8-2023.2341521
Dimas Bagus Wiranatakusuma1,*, Yessi Fidiana Zakaria1
  • 1: Universitas Muhammadiyah Yogyakarta
*Contact email: dimas_kusuma@umy.ac.id

Abstract

This study examines the long- and short-term effects of gross fixed capital formation (GFCF), labor force participation rate (LFPR), mobile cellular subscriptions (MCS), and fixed telephone subscriptions (FTS) on Indonesian GDP. Indonesian GFCF, LFPR, FTS, and GDP time series data from 1990 to 2019 were used. The World Bank's website provided the sample data. This study used the Error Correction Model (ECM), t-test, F-test, and Coefficient of Determination. The study found that Fixed Telephone Subscriptions decreased GDP greatly. All independent factors have an 81.27% short- and long-term impact on GDP, while independent variables outside the model affect 18.73%. According to the findings, as more people work, capital is invested in the digital sector, more people use mobile phones, and telephone usage costs decline, the industry's contribution to national income gradually increases. These statistics also point to digital network access being the primary driver of increased national GDP.