Main Article Content
The Internet facilitates real-time communication and collaboration, enabling seamless coordination in industrial processes. This enhanced connectivity can increase efficiency and productivity in the production chain. Moreover, the Internet provides a platform for businesses to reach a global audience. Expanded market access can contribute to the growth of industrial activities, fostering international trade, and positively impacting industrial value added. Therefore, this study seeks to explore how Internet usage impacts industrial value added across eight Southeast Asian countries, using a sample collected from the World Bank and Global Economy from 1991 to 2021. Two regression methods were employed: fixed-effects and Driscoll-Kraay standard error models. The research findings indicate that Internet growth has a positive effect on industrial value added in Southeast Asian countries. Additionally, the results reveal a positive correlation between industrial value added, economic growth, and trade openness. This study contributes to a deeper understanding of the connection between Internet usage and industrial value added, with profound implications for the economic restructuring of selected Southeast Asian countries.
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Internet use, Industrial value added, Southeast Asian countries
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