The Effect of Macroeconomic Factors on Income Inequality: Evidence from Indonesia

• Kategori : Jurnal Internasional Bereputasi
• Penulis : Andi SESSU, Yulia Tri SAMIHA, Maya LAISILA, Nurul CHAMIDAH, Imaduddin Murdifin, Aditya Halim Perdana Kusuma Putra
• Identitas : The Journal of Asian Finance, Economics and Business 2021
• Abstrak :
  

  The purpose of this study is to analyze the relationship and effects of variables both directly and indirectly (e.g., investment (INV), government expenditure (GE), unemployment rate (UR), economic growth (EG), and income inequality). The analytical phases consist, first, to transform the data using the Log Natural (Ln) method. Second, to check normality and multicollinearity of data. Third, to test direct effects of variables (government expenditure and investment effect on the unemployment rate and economic growth; investment on government expenditure; economic growth on unemployment rate; economic growth and unemployment rate on income inequality). Fourth, to test indirect effects using Sobel test, which involves UR and EG as intervening variable. Fifth, to test hypotheses with p-value 0.05. The results of the study reveal that, of the 12 relationships, statistics show that 11 variations of the association have …

Preview