Impact of digital economy on the employment : evidence from ASEAN countries

• Main Author: Nurul Asyikin, Fadzil
• Format: Thesis
• Language: English; English
• Published: 2018
• Subjects: HC Economic History and Conditions
• Online Access: https://etd.uum.edu.my/7816/1/s816393_01.pdf; https://etd.uum.edu.my/7816/2/s816393_02.pdf; https://etd.uum.edu.my/7816/; https://sierra.uum.edu.my/record=b1699303~S1

The digital economy is an economy based on digital computing technology. The digital economy is also known as the Internet Economy, New Economy, or Web Economy. Increasingly, "digital economies" are interconnected with traditional economies making clear takeovers more difficult. The digital economy has been identified as one of the growth engines that can strengthen the country's economy. With the digital economy in ASEAN, it can significantly improve the competitiveness of the globalmarketplace. ASEAN countries agree to make digital economics and electroniccommerce or e-commerce as the future of the economy in Southeast Asia. However,this digital economy has an impact on the job. Generally there will be job opportunities and also retrenchment due to lack of expertise in technology. Other than that, other effects are broadband and the internet. Broadband plays a very importantrole in the digital economy. this is because it is a channel or online connection that makes the "digital economy" a reality. This study is aim to examine the impact of digital economy on employment in ASEAN countries. This study period is from 1997- 2016 (20 years). This study focuses on the impact of digital economy on employment specifically in 10 ASEAN Countries (Malaysia, Indonesia, Thailand, Cambodia, Laos, Singapore, Brunei, Vietnam, Myanmar and Philippines). Each country is giving different impact because of the economy growths conditions itself. Panel data method has been used to is performed, Ordinary Least Square Regression, Fixed Effect Model, Random Effect Method, Hausman Test and Granger Causality Test to test the variables in this study. This study is using Eviews10. Based on the empirical findings, digital economy have significant effects on the variables that have been used. Broadband subscriptions give significant relationship. So we conclude that broadband subscriptions give a major impact to the digital economy on employment in ASEAN Countries. The study emphasizes in particular aspects relevant to employees and employers. Then the results of the research explain the impact of digital economy to the employment and how it related to the workers. It can also be used as a worker's preparation to go through the era of digital economy by looking at the relationship between the two and the consequences when one is neglected and ignored. In addition, impact of digital economy are also have been discussed to see the real reality of the digital economy in ASEAN countries.