Effects of financial development on income inequality in East Java Province

The research purposes are: (1) to determine the effect of financial sector development on income inequality in East Java Province, (2) to determine the effect of regional characteristics on income inequality in East Java Province. The study uses descriptive quantitative methods. The analysis method...

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Main Authors: Munawaroh Desty Anggraeni, Ris Yuwono Yudo Nugroho
Format: Article
Language:English
Published: Master Program in Economics, Graduate Program of Universitas Jambi 2020-12-01
Series:Jurnal Perspektif Pembiayaan dan Pembangunan Daerah
Subjects:
Online Access:https://online-journal.unja.ac.id/JES/article/view/10221
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author Munawaroh Desty Anggraeni
Ris Yuwono Yudo Nugroho
author_facet Munawaroh Desty Anggraeni
Ris Yuwono Yudo Nugroho
author_sort Munawaroh Desty Anggraeni
collection DOAJ
description The research purposes are: (1) to determine the effect of financial sector development on income inequality in East Java Province, (2) to determine the effect of regional characteristics on income inequality in East Java Province. The study uses descriptive quantitative methods. The analysis method uses panel data regression with time series from 2013 to 2017 and cross-sections of 38 districts in East Java Province. The study results are as follows: (1) financial development has a negative and significant effect on income inequality, (2) the regional budget has a positive and significant effect on income inequality in East Java Province, (3) population density has a positive and significant effect on income inequality, (4) poverty has a positive and significant effect on income inequality, and (5) unemployment has no influence and is not significant in income inequality.
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spelling doaj.art-83b9c39ebacd42758c29048a3a409e672022-12-22T02:47:11ZengMaster Program in Economics, Graduate Program of Universitas JambiJurnal Perspektif Pembiayaan dan Pembangunan Daerah2338-46032355-85202020-12-018510.22437/ppd.v8i5.1022116050Effects of financial development on income inequality in East Java ProvinceMunawaroh Desty Anggraeni0Ris Yuwono Yudo Nugroho1Faculty of Economics and Business, Trunojoyo University, IndonesiaFaculty of Economics and Business, Trunojoyo University, IndonesiaThe research purposes are: (1) to determine the effect of financial sector development on income inequality in East Java Province, (2) to determine the effect of regional characteristics on income inequality in East Java Province. The study uses descriptive quantitative methods. The analysis method uses panel data regression with time series from 2013 to 2017 and cross-sections of 38 districts in East Java Province. The study results are as follows: (1) financial development has a negative and significant effect on income inequality, (2) the regional budget has a positive and significant effect on income inequality in East Java Province, (3) population density has a positive and significant effect on income inequality, (4) poverty has a positive and significant effect on income inequality, and (5) unemployment has no influence and is not significant in income inequality.https://online-journal.unja.ac.id/JES/article/view/10221Financial developmentPanel dataRegional economics
spellingShingle Munawaroh Desty Anggraeni
Ris Yuwono Yudo Nugroho
Effects of financial development on income inequality in East Java Province
Jurnal Perspektif Pembiayaan dan Pembangunan Daerah
Financial development
Panel data
Regional economics
title Effects of financial development on income inequality in East Java Province
title_full Effects of financial development on income inequality in East Java Province
title_fullStr Effects of financial development on income inequality in East Java Province
title_full_unstemmed Effects of financial development on income inequality in East Java Province
title_short Effects of financial development on income inequality in East Java Province
title_sort effects of financial development on income inequality in east java province
topic Financial development
Panel data
Regional economics
url https://online-journal.unja.ac.id/JES/article/view/10221
work_keys_str_mv AT munawarohdestyanggraeni effectsoffinancialdevelopmentonincomeinequalityineastjavaprovince
AT risyuwonoyudonugroho effectsoffinancialdevelopmentonincomeinequalityineastjavaprovince