Quantifying Internet’s Economic Effects on Consumption: A Southeast Asian Study Using Econometric Models

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Internet usage positively influences consumption, achieving statistical significance at the 5% level, highlighting its economic impacts.
Economic growth presents a strong positive correlation with consumption at the 1% significance level, suggesting growth drives demand.
Panel data regression techniques, including Fixed Effects Model and Random Effects Model, were utilized to analyze the data from 1996 to 2023.
The findings underscore the need for enhanced digital infrastructure and policies to capitalize on the internet's role in consumption.

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Econometric models show internet boosts consumption in five Southeast Asian countries, indicating digital expansion's importance.

Quang Duy Nguyen (2025) studied this question.

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