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Sriyono Sriyono
Universitas Muhammadiyah Sidoarjo
Religion Agriculture, Biological Sciences & Forestry Arts Humanities Chemistry Computer Science & IT Decision Sciences, Operations Research & Management Earth & Planetary Sciences Economics, Econometrics & Finance Education Environmental Science Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Library & Information Science Mathematics Medicine & Pharmacology Physics Public Health Social Sciences Other

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Journal : IJEIRC

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Analysis of the Impact of Increased Prices of Basic Necessities on Per Capita Income in Indonesia: A Review from a Domestic Economic Perspective Supardi; Sriyono; Mohammad Rizal Yulianto
International Journal of Economic Integration and Regional Competitiveness Vol. 1 No. 2 (2024): International Journal of Economic Integration and Regional Competitiveness
Publisher : PT ANTIS INTERNATIONAL PUBLISHER

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61796/ijeirc.v1i2.63

Abstract

The increase in prices of basic necessities has a significant impact on a country's per capita income. This research aims to analyze the impact of rising prices of basic necessities on per capita income in Indonesia, with an emphasis on the domestic economic perspective. The panel data regression analysis method is used to evaluate the relationship between increases in prices of basic necessities and per capita income, by controlling for various other economic and demographic factors. The research results show that the increase in prices of basic necessities has a real influence on per capita income in Indonesia. A decrease in purchasing power due to an increase in the price of basic necessities can reduce the real income of individuals and families, which in turn affects overall per capita income. The impact is felt especially among households with low income levels. Other factors such as inflation, economic growth and government policies also play a role in determining the impact of rising prices of basic necessities on per capita income. Therefore, there is a need for appropriate policies to effectively manage rising prices of basic necessities, including steps to control inflation, strengthen the social protection system, and increase economic productivity. In conclusion, the increase in prices of basic necessities has significant implications for per capita income in Indonesia. A holistic and sustainable approach is needed in formulating economic policies that can overcome these challenges, taking into account various external and internal factors that influence domestic economic dynamics.
Co-Authors Abdul Haris Adelia - Oktaviani Adinda Lestari Ningsih Ahmad Kahfiatur Rohman Ainnur Rosyidah Amelia Nugraha Dini Aminatus Solihah Andriana Andriana Anggraeni Dwi Fitria Anintya Kurnia Devi Anis Masrifah Arbiya Magfiroh Rohmi Arynda Pramudya Wulandari Azel Raoul Reginald Bayu Prasojo Cintya Devi Retno Ardianti Denata Putri Marlinton Deni Setiawan Detak Prapanca Dhea Ariesta Putri Dirham Raharjo Ede Ramadhin Setyawanatra Ede Ramadhin Setyawanatra Emmira iffat Etik Dwi Kusrini Fadia Ika Nurwahyuni Faizal Ridwan Zamzany Fatihul Iman Iman Fierda Lestari SP Hadiah Fitriyah Hadiah Fitriyah Hanifah Novia Sofi Herlinda Maya Kumala Sari, Herlinda Maya Kumala Ika Khusnul Fadilah Imelda Dian Rahmawati Indi Ulfa Ira Nurdiani Lailatul Khosi'ah Lailatul Muflihah Liya Wahyu Putri Yuni Arta Lukman Hudi M Fadil Maulidha Kurnia Dini Melita Indah Cahyani Mitha Rachma Diana Moch Zaky Zamani Mochamad Djainul Arifin Mochammad Efendi Mochammad Rendy Pamungkas Mohammad Rizal Yulianto Mohammad Rizal Yulianto Mokh. Irwanto Muhammad Dzulfikar Ardiansyah Muhammad Fatihul Iman Muhammad Rafi Maulana Muhammad Rifqi Achmadi Muhammad Rizki Alwi Ardana Muhammad Syahrul Afandi Mujaiyinul Alam Mujaiyinul Alam Mulyadi Mulyadi Mutiara Martaningrum Niko Fediyanto Nila Osama Nilamsari Zahrina Avvrilia Novita Lailatul Rif’ah Nur Fadilah Nur Saadah Muhammad Oktavia Fajriati Oktavia Fajriyati Oktavia Siti Rochani Putri Wahyu Dwi Wijayanti Rada Febriyanti Rafly Jibran Mahendra Ratna Yulis Teaningrum Reni Nur Diansyah Rina Agusti Risma Wulandari Rita Ambarwati Sukmono Rizki Robbi Izati Rizky Ardiantari Rizqi Qurrota A'Yun Burhanuddin Santi Rahma Dewi Sarwenda Biduri Setiyono, Wisnu Panggah Sigit Hermawan Silvia Handayani Sindy Diva Maretha Suci Anggrainy Setyowati Sumartik Supardi Supardi Sutarman . Sutrisno Sutrisno Syarifa R N Taqdirul Aziz Tukfa Qurotalain Warto Warto Windy Frecelia Putri Wisnu Panggah Setiyono Wisnu Panggah Setiyono Wiwit Hariyanto Wiwit Hariyanto Yulva Maulit Diana Yulva Maulit Diana Zhafa Nadhilla