Abstract
This study evaluates Indonesia's achievement in inclusive economic growth by analyzing regional data from 34 provinces for the period 2016-2018. For that purpose, the study used three indicators of achieving inclusive economic growth, namely economic growth that reduces inequality, poverty, and unemployment (or increases employment), the Poverty-Equivalent Growth Rate (PEGR) method, and the technique of multiple linear regression analysis (i.e. the fixed effect model). This study’s results indicate that economic growth in Indonesia is not yet fully inclusive. Only a few provinces that have achieved inclusive growth. It was found that access to technology represented by the percentage of households owning a computer and access to energy represented by the percentage of households using LPG as the main fuel for cooking have positive effects on the acceleration of inclusive economic growth. in Indonesia.
Highlights
According to Ali and Zhuang (2007), Ali and Son (2007), and Rauniyar and Kanbur (2009), the term “inclusive economic developme-nt” has no widely accepted definition
It concludes that economic growth of Middle Class in physical capital growth in Indonesia in 2008-2012
For H1, the analysis model used was the Poverty-Equivalent Growth Rate (PEGR) formula adopted from several previous similar studies conducted by, among others, Klasen (2010), Sholihah (2014), Azwar (2016), and Prabandari (2018)
Summary
According to Ali and Zhuang (2007), Ali and Son (2007), and Rauniyar and Kanbur (2009), the term “inclusive economic developme-nt” has no widely accepted definition. The concept clearly encompasses inclusion and economic development, and views inclusion as a process as well as a goal Such as Sen (1999), Sachs (2004), Ali and Son (2007), Rauniyar and Kanbur (2009), and McKinley (2010) stress that inclusive economic development is economic growth coupled with equal economic opportunities. It focuses on creating economic opportunities and making them accessible to everyone in society at all levels, not just to the poor. Inclusive economic growth is one that emphasizes economic opportunities created by economic growth are freely available to all, the poor (Tambunan, 2012, 2015).
Sign-in/Register to view highlights & summary Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
