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The Middle Class and Inequality in Indonesia

Jurnal Ekonomi Malaysia

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Title The Middle Class and Inequality in Indonesia
 
Creator Fitrawaty, Fitrawaty
Maipita, Indra
Hermawan, Wawan
Rahman, Haikal
 
Subject middle class, inequality, consumption, economic growth
D310, E210
 
Description the impact of the presence of the middle class against the Indonesia's economic growth by using the national socioeconomic survey data and Input-Output Table. The results of the GDP data estimation for 20 years, retrieved the Consumption equation = -22939.6 + 0.779844 income. The level of the national income distribution inequality is higher than the middle class group. The increase in the middleclass level of income in Indonesia has a positive contribution towards the economic growth. However, in general, the impact of the increase in the middle class income level towards the economic growth, turned out to be less than 1 percent. Therefore, the output changes in response to shifts in the middle class income are not elastic
 
Publisher Universiti Kebangsaan Malaysia
 
Contributor
 
Date 2018-12-26
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Identifier http://ejournal.ukm.my/jem/article/view/20160
 
Source Jurnal Ekonomi Malaysia; Vol 52, No 3 (2018): Jurnal Ekonomi Malaysia
0126-1962
 
Language en
 
Rights Copyright (c) 2018 Jurnal Ekonomi Malaysia