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Determinants of Household Consumption in Indonesia 2018-2020

Efficient: Indonesian Journal of Development Economics · Vol. 7 No. 1 (2024) · hlm. 82–91

DOI
10.15294/efficient.v7i1.4840
ISSN
2655-318X, 2655-6197
Terbit
2024-01-23
Penerbit
Universitas Negeri Semarang
Bahasa
eng

Abstrak

Growth in household consumption in Indonesia has tended to decline over the past few years, which can disrupt Indonesia's economic growth. This study aims to analyze the effect of layoffs, income, population and home ownership on household consumption in Indonesia. The research method used is the 2018-2020 panel data regression model with the FEM technique. The results of this study indicate that the variables of layoffs and income have an effect on household consumption in Indonesia. Meanwhile, the variables number of population and percentage of own home ownership have no effect on household consumption in Indonesia. The coefficient of determination is 0.982772, meaning that the variables of layoffs, wages, population and PKRS can simultaneously explain 98.27% of household consumption, while the remaining 1.73% is explained by other variables outside the model. There needs to be special attention from the Government regarding the large number of layoff cases, providing assistance in the form of capital assistance funds, equal access to job training programs for all people, especially those of productive age, to reduce the impact of layoffs which then does not cause permanent unemployment.

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Sumber metadata: OAI-PMH (metadata jurnal) https://journal.unnes.ac.id/journals/efficient/oai, pertama di-harvest 5 Nov 2026, terakhir terlihat 5 Nov 2026.
Metadata asli (oai_dc) 
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	<dc:title xml:lang="en">Determinants of Household Consumption in Indonesia 2018-2020</dc:title>
	<dc:creator xml:lang="en">Rani Wahlian Aru Munjayanah</dc:creator>
	<dc:creator xml:lang="en">P. Eko Prasetyo</dc:creator>
	<dc:subject xml:lang="en">Household Consumption</dc:subject>
	<dc:subject xml:lang="en">Layoffs</dc:subject>
	<dc:subject xml:lang="en">Wages</dc:subject>
	<dc:subject xml:lang="en">Indonesian Population</dc:subject>
	<dc:subject xml:lang="en">Own Home Ownership</dc:subject>
	<dc:description xml:lang="en">Growth in household consumption in Indonesia has tended to decline over the past few years, which can disrupt Indonesia's economic growth. This study aims to analyze the effect of layoffs, income, population and home ownership on household consumption in Indonesia. The research method used is the 2018-2020 panel data regression model with the FEM technique. The results of this study indicate that the variables of layoffs and income have an effect on household consumption in Indonesia. Meanwhile, the variables number of population and percentage of own home ownership have no effect on household consumption in Indonesia. The coefficient of determination is 0.982772, meaning that the variables of layoffs, wages, population and PKRS can simultaneously explain 98.27% of household consumption, while the remaining 1.73% is explained by other variables outside the model. There needs to be special attention from the Government regarding the large number of layoff cases, providing assistance in the form of capital assistance funds, equal access to job training programs for all people, especially those of productive age, to reduce the impact of layoffs which then does not cause permanent unemployment.</dc:description>
	<dc:publisher xml:lang="en">Universitas Negeri Semarang</dc:publisher>
	<dc:date>2024-01-23</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
	<dc:type>info:eu-repo/semantics/publishedVersion</dc:type>
	<dc:type xml:lang="en">Peer-reviewed Article</dc:type>
	<dc:format>application/pdf</dc:format>
	<dc:identifier>https://journal.unnes.ac.id/journals/efficient/article/view/4840</dc:identifier>
	<dc:identifier>10.15294/efficient.v7i1.4840</dc:identifier>
	<dc:source xml:lang="en">Efficient: Indonesian Journal of Development Economics; Vol. 7 No. 1 (2024); 82-91</dc:source>
	<dc:source>2655-318X</dc:source>
	<dc:source>2655-6197</dc:source>
	<dc:source>10.15294/cr0e1j36</dc:source>
	<dc:language>eng</dc:language>
	<dc:relation>https://journal.unnes.ac.id/journals/efficient/article/view/4840/363</dc:relation>
</oai_dc:dc>