Pengaruh Krisis Ekonomi Terhadap Fungsi Konsumsi Rumah Tangga di Indonesia Penerapan: Absolute Income Hypothesis
Abstract
This study aimed to identify how household consumption is influenced by economic crises in 1997 according to Keynes absolute income hypothesis. Using Chow Test and Partial Adjustment Models, the result show that the economic crisis in 1997 resulted in a structural change in household consumption in Indonesia clearly visible from MPC value before the economic crisis is bigger than the MPC after the crisis. The economic crisis has an effect on household consumption in Indonesia in both the short term and in the long term.
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References
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Fikri, M. dan Amri Amir. 2014. Analisis Konsumsi Masyarakat Indonesia Sebelum dan Sesudah Krisis. Jurnal Prespektif Pembiayaan dan Pembangunan Daerah. Vo. 1, No.3 Januari-Maret 2014
Gujarati, Damodar (2003), “Basic Econometrics”, McGraw Hill 2003.
Ioan, Horia Tulai. 2015. Consideration Regarding the Evolution of Incomes, Expenditure and Consumption of Household in Romania. Procedia Economics and Finance 32 (2015) 1469-1476.
Leon, Manuel and Rafael Flores, 2015. Residential versus Financial Wealth Effect on Consumption from Shock in Interest Rate. Economic Modelling Journal 2015 , page 81-90.
Mignouna, DB.et.al. 2015. Microeconometric Analysis of Household Consumption Expenditure Determinant in Yam Growing Area of Nigeria and Ghana. Tropicultura Journal No. 33 Page. 226-237.
Mankiw, Gregory. 2016. Macro Economics. Nine edition. Worth Publisher 2016.
Nicklaus, Christoph. 2015. The Effect of Household Income on Household Consumption in China. Thesis Lund University Juni 2015.
Ofwana, C. Alice. 2013. An Estimation of The Consumption Function for Kenya using Keynes Absolute Income Hypothesis for The Period 1992-2011. Journal of Emerging Trends in Economics and Management Science.
Teppa, Federica. 2014. Consumption Behaviour and Financial Crises in The Netherland. DNB Working Paper No.453, 200 (2014).
Tapsin, Gulcin and Aycan Hepsay. 2014. An Analysis of Household Consumption Expenditure in EA-18. European Scientific Journal, June 2014 Vol. 10. No. 16.
Verter, Nahanga. 2014. A Time Series Analysis of Macroeconomic Determinant of Household Spending in The Era of Cross-Cultural Dynamic : Czech Republic as a Case Study. Procedia Economics and Finance 12 (2014) 733-742.
Varlamova, J. and Larionova. 2015. Macroeconomics and Demographic determinants of Household Expenditure in OECD Countries. Procedia Economics and Finance 24 (2015) 727-733
Published
2018-02-10
How to Cite
SARASWATI, Birgitta Dian; KHUSAINI, M..
Pengaruh Krisis Ekonomi Terhadap Fungsi Konsumsi Rumah Tangga di Indonesia Penerapan: Absolute Income Hypothesis.
Jurnal Ekonomi Kuantitatif Terapan, [S.l.], p. 137-144, feb. 2018.
ISSN 2303-0186.
Available at: <https://ojs.unud.ac.id/index.php/jekt/article/view/28989>. Date accessed: 15 may 2024.
doi: https://doi.org/10.24843/JEKT.2018.v11.i01.p11.
Section
Articles
Keywords
Konsumsi Rumah Tangga, Hipotesis Pendapatan Absolut, Pendapatan, Krisis Ekonomi, Marginal Propensity to Consume
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