The impact of e-commerce on international trade: Research for the Euro region

In the 21st century, with the rapid development of technology and the increase in globalisation, the impact of these developments has started to be seen in commercial activities. Internet usage has increased with the development of information communication technologies. Depending on the development of the Internet, the effect of digitalisation in trade has started to be seen and e-commerce has developed. With e-commerce, companies have started to reach customers anywhere in the world via the internet and realise their commercial activities. E-commerce, which is independent of time and space, also contributes to the development of international trade. This study was conducted to investigate the impact of e-commerce on international trade. At the same time, the effects of gross domestic product per capita and internet on international trade were also investigated. In the study using the panel ARDL model, the data of the Euro area countries for the years 2010-2021 were analysed. The results obtained from the analysis show that there is a negative and significant relationship between exports and e-commerce in the long run, while there is a positive and significant relationship between exports and gross domestic product per capita and internet in the long run. Keywords: E-commerce, international trade, export, internet, panel ARDL model