Jurnal Akuntansi, Ekonomi dan Manajemen Bisnis
Vol. 1 No. 2 (2021): Juli: Jurnal Akuntansi, Ekonomi dan Manajemen Bisnis

THE DYNAMICS OF INCOME INEQUALITY IN THE SOLO RAYA REGION, 2008-2020

Nanda Adhi Purusa (Universitas Dian Nuswantoro)
Miftachul Mujib (Universitas Dian Nuswantoro)
Joni Prayogi (Universitas Dian Nuswantoro)
Fahrein All Sandra (Sejalan Kreatip Research Center, Surakarta www.sejalankreatip.com)



Article Info

Publish Date
15 Jul 2021

Abstract

This study examines the effect of growth of the manufacturing sector, the human development index, and inflation on income inequality in the Solo Raya Region in 2008-2020. This study used panel data analysis with six districts and one city member of the Solo Raya Region. The data analysis stage was a selection test of the estimation technique and the classical assumption test to produce the best panel data regression model with the SUR cross-section weight. The regression estimation shows that the growth of the manufacturing sector and inflation positively and significantly affect income inequality. The human development index shows a negative and significant impact on income inequality. This analysis indicates that the economic development process in the Solo Raya region is in line with the development stages based on Rostow's view. The positive relationship between growth in the manufacturing sector and income inequality shows similarities to Kuznets's hypothesis that income inequality will increase in the initial phase of economic growth.

Copyrights © 2021






Journal Info

Abbrev

jaem

Publisher

Subject

Economics, Econometrics & Finance Other

Description

Jurnal Akuntansi, Ekonomi dan Manajemen Bisnis E-ISSN:2809-6487 (Online) / P-ISSN: 2809-655X (print) diterbitkan oleh LPPM AMIK Veteran Purwokerto. Penerbitan jurnal ini bertujuan untuk meningkatkan kualitas ilmu pengetahuan, serta menyalurkan minat berbagi dan menyebarluaskan ilmu pengetahuan ...