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Determinants of Household Consumption in Indonesia 2018-2020

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

DOI
10.15294/efficient.v7i1.4840
ISSN
2655-318X, 2655-6197
Published
2024-01-23
Publisher
Universitas Negeri Semarang
Language
eng

Abstract

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.

Keywords

Collaboration network of the authors

31 authors · 58 co-authorship links

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  • Tarumanagara University
  • Affiliation unknown
  • Different organisations
  • Same organisation
  • Affiliation unknown
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Co-authorOrganisationJoint articles
Rusdarti RusdartiAffiliation unknown3
Andryan SetyadharmaAffiliation unknown2
Panji Irawan YogyadipratamaAffiliation unknown1
Awinda lutfina RatnasariAffiliation unknown1
Susanti Lasmaria PurbaAffiliation unknown1
Ayu Cahyaning KesumaAffiliation unknown1
Nurjannah Rahayu KistantiAffiliation unknown1
Sarwito Asmoro JatiAffiliation unknown1
Khalwatul UlyaAffiliation unknown1
Chintia Ariani PutriAffiliation unknown1
Daffa Arkan PrameswaraAffiliation unknown1
Diyah Ayu WulansariAffiliation unknown1
Dyah Maya NihayahAffiliation unknown1
Dwi RahmayaniAffiliation unknown1
Avi Budi SetiawanAffiliation unknown1
Joko WidodoAffiliation unknown1
Maman RachmanAffiliation unknown1
Lilik LestariAffiliation unknown1
KardoyoAffiliation unknown1
Fugiyar SuhermanAffiliation unknown1
Etty SoesilowatiAffiliation unknown1
Noffik ErmawatiAffiliation unknown1
Deo Leko PudakaAffiliation unknown1
Agnes Pradina SimanjuntakAffiliation unknown1
Hendra PurwantoAffiliation unknown1
Partono ThomasAffiliation unknown1
Oki AnggraeniAffiliation unknown1
Wasino WasinoTarumanagara University1
Umi DarojahAffiliation unknown1

Affiliations come from OpenAlex; journal OAI-PMH metadata carries none. Authors without an OpenAlex ID are matched by name, which can merge or split people.

Metadata source: OAI-PMH (metadata jurnal) https://journal.unnes.ac.id/journals/efficient/oai, first harvested 5 Nov 2026, last seen 5 Nov 2026.
Original metadata (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>
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