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All Journal Economics Studies and Banking Journal
Mulawiani, Baiq Saripta Wiji
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Economics, Econometrics & Finance

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Income Inequality and Economic Growth Sutanto, Himawan; Harsono, Iwan; Furkan, Lalu M.; Mulawiani, Baiq Saripta Wiji; Fuady, Helmy; Yuniarti, Titi
Economics Studies and Banking Journal (DEMAND) Vol. 1 No. 3 (2024): Economics Studies and Banking Journal
Publisher : Penelitian dan Pengembangan Ilmu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62207/6ec47y90

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.
Co-Authors Fuady, Helmy Furkan, Lalu M. Himawan Sutanto, Himawan Iwan Harsono Titi Yuniarti, Titi