The Middle Class and Inequality in Indonesia
Jurnal Ekonomi Malaysia
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Title |
The Middle Class and Inequality in Indonesia
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Creator |
Fitrawaty, Fitrawaty
Maipita, Indra Hermawan, Wawan Rahman, Haikal |
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Subject |
middle class, inequality, consumption, economic growth
D310, E210 |
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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
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Publisher |
Universiti Kebangsaan Malaysia
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Contributor |
—
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Date |
2018-12-26
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Identifier |
http://ejournal.ukm.my/jem/article/view/20160
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Source |
Jurnal Ekonomi Malaysia; Vol 52, No 3 (2018): Jurnal Ekonomi Malaysia
0126-1962 |
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Language |
en
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Rights |
Copyright (c) 2018 Jurnal Ekonomi Malaysia
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