{"title":"电子货币与股票:来自印度尼西亚和泰国的经验证据","authors":"H. Aimon, S. Sentosa, M. Mahatir","doi":"10.15408/SJIE.V10I1.15380","DOIUrl":null,"url":null,"abstract":"E-money is a type of electronic or digital payment that replaces cash payments. These technological developments will have an impact on reducing the use of cash. The use of e-money possibly affects stock, which is a form of securities. Therefore, the purpose of this study is to assess the relationship between e-money and stock. The study uses the two-stage least squares model to analyze quarterly data for 2011Q1-2019Q4. The study found no relationship between stock and e-money in Indonesia, whereas, in Thailand, there was a relationship between stock and e-money. There is no relationship between e-money and stock in Indonesia and Thailand. The study recommends the Indonesian government or central bank adopt the policies that Thailand has implemented in stock that affects e-money. Stocks can affect the use of e-money due to the profits or losses of the stock that will impact the use of e-money. JEL Classification: D53, E40 How to Cite: Aimon, H., Sentosa, S. U., & Mahatir, M. R. (2021). E-money and Stock: Empirical Evidence from Indonesia and Thailand. Signifikan: Jurnal Ilmu Ekonomi , 10 (1), 139-148. https://doi.org/10.15408/sjie.v10i1.15380.","PeriodicalId":31086,"journal":{"name":"Signifikan","volume":"10 1","pages":"139-148"},"PeriodicalIF":0.0000,"publicationDate":"2021-03-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":"{\"title\":\"E-money and Stock: Empirical Evidence from Indonesia and Thailand\",\"authors\":\"H. Aimon, S. Sentosa, M. Mahatir\",\"doi\":\"10.15408/SJIE.V10I1.15380\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"E-money is a type of electronic or digital payment that replaces cash payments. These technological developments will have an impact on reducing the use of cash. The use of e-money possibly affects stock, which is a form of securities. Therefore, the purpose of this study is to assess the relationship between e-money and stock. The study uses the two-stage least squares model to analyze quarterly data for 2011Q1-2019Q4. The study found no relationship between stock and e-money in Indonesia, whereas, in Thailand, there was a relationship between stock and e-money. There is no relationship between e-money and stock in Indonesia and Thailand. The study recommends the Indonesian government or central bank adopt the policies that Thailand has implemented in stock that affects e-money. Stocks can affect the use of e-money due to the profits or losses of the stock that will impact the use of e-money. JEL Classification: D53, E40 How to Cite: Aimon, H., Sentosa, S. U., & Mahatir, M. R. (2021). E-money and Stock: Empirical Evidence from Indonesia and Thailand. Signifikan: Jurnal Ilmu Ekonomi , 10 (1), 139-148. https://doi.org/10.15408/sjie.v10i1.15380.\",\"PeriodicalId\":31086,\"journal\":{\"name\":\"Signifikan\",\"volume\":\"10 1\",\"pages\":\"139-148\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2021-03-14\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"2\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Signifikan\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.15408/SJIE.V10I1.15380\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Signifikan","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.15408/SJIE.V10I1.15380","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 2
摘要
电子货币是一种取代现金支付的电子或数字支付方式。这些技术发展将对减少现金使用产生影响。电子货币的使用可能会影响股票,股票是一种证券形式。因此,本研究的目的是评估电子货币与股票之间的关系。该研究使用两阶段最小二乘模型分析2011年第一季度至2019年第四季度的季度数据。该研究发现,在印度尼西亚,股票和电子货币之间没有关系,而在泰国,股票与电子货币之间存在关系。在印度尼西亚和泰国,电子货币和股票之间没有关系。该研究建议印尼政府或央行采取泰国在股票方面实施的影响电子货币的政策。股票可能会影响电子货币的使用,因为股票的损益会影响电子资金的使用。JEL分类:D53,E40如何引用:Aimon,H.,美国圣淘沙和Mahatir,M.R.(2021)。电子货币与股票:来自印度尼西亚和泰国的经验证据。签名:Jurnal Ilmu Ekonomi,10(1),139-148。https://doi.org/10.15408/sjie.v10i1.15380.
E-money and Stock: Empirical Evidence from Indonesia and Thailand
E-money is a type of electronic or digital payment that replaces cash payments. These technological developments will have an impact on reducing the use of cash. The use of e-money possibly affects stock, which is a form of securities. Therefore, the purpose of this study is to assess the relationship between e-money and stock. The study uses the two-stage least squares model to analyze quarterly data for 2011Q1-2019Q4. The study found no relationship between stock and e-money in Indonesia, whereas, in Thailand, there was a relationship between stock and e-money. There is no relationship between e-money and stock in Indonesia and Thailand. The study recommends the Indonesian government or central bank adopt the policies that Thailand has implemented in stock that affects e-money. Stocks can affect the use of e-money due to the profits or losses of the stock that will impact the use of e-money. JEL Classification: D53, E40 How to Cite: Aimon, H., Sentosa, S. U., & Mahatir, M. R. (2021). E-money and Stock: Empirical Evidence from Indonesia and Thailand. Signifikan: Jurnal Ilmu Ekonomi , 10 (1), 139-148. https://doi.org/10.15408/sjie.v10i1.15380.