Analysis of National Industrial Management Performance in The Viewpoint of Productivity Paradox in The Digital Economy in ASEAN 3

English

Abstract

This study focuses on three countries in the ASEAN region that are geographically quite close together, namely Indonesia, Singapore, and Malaysia. The three countries have a very large opportunity to benefit from cooperation between countries with geographical proximity. This study simulates economic and business cooperation in the three countries by estimating the aggregate industry performance in the three countries and in total in the three countries along with the inclusion of digital technology in Indonesia, Singapore, and Malaysia.The research uses the analysis of the accumulative influence between variables which is used as a basis for forecasting to see the results of the influence between variables on each variable using vector analysis. This study investigates the influence of the background of digital technology production in Indonesia, Singapore, and Malaysia which is presented in the form of forecasting graphs so that the cumulative effect can be known as the result of the final analysis in this study. Its rate of output paradox besides current online financial system occurs at Indonesia and Singapore. However, this is not the case in Malaysia. So it can be concluded that the paradox in the digital economy does not occur in every country. Technology and economic growth have a relationship of influence. International cooperation allows countries that work together to influence each other's economic growth and technological literacy.