Income Inequality and Economic Growth

Authors

  • Himawan Sutanto Universitas Mataram Indonesia Author
  • Iwan Harsono Universitas Mataram Indonesia Author
  • Lalu M. Furkan Universitas Mataram Indonesia Author
  • Baiq Saripta Wiji Mulawiani Universitas Mataram Indonesia Author
  • Helmy Fuady Universitas Mataram Indonesia Author
  • Titi Yuniarti Universitas Mataram Indonesia Author

DOI:

https://doi.org/10.62207/6ec47y90

Keywords:

Income inequality, Income distribution, Poverty rates, Economic growth, Gini Coefficient, Relative poverty

Abstract

This research investigates the relationship between income inequality, income distribution, poverty rates, and economic growth. The analysis results indicate that the independent variables, including the Gini Coefficient, Percentage of Income Received by Specific Groups, and Relative Poverty Rate, significantly influence economic growth. High levels of income inequality, uneven income distribution among societal groups, and high poverty rates all contribute to the slowdown of economic growth. Therefore, policies aimed at reducing income inequality, improving equitable income distribution, and decreasing relative poverty rates can help stimulate more inclusive and sustainable economic growth.

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Published

2024-03-28

How to Cite

Income Inequality and Economic Growth. (2024). Economics Studies and Banking Journal (DEMAND), 1(3), 166-175. https://doi.org/10.62207/6ec47y90