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    Interprovincial Wealth Inequality by Factor Components in Indonesia

    Access Status
    In process
    Authors
    Soseco, T.
    Olivia, S.
    Oxley, Leslie
    Date
    2024
    Type
    Journal Article
    
    Metadata
    Show full item record
    Citation
    Soseco, T. and Olivia, S. and Oxley, L. 2024. Interprovincial Wealth Inequality by Factor Components in Indonesia. Bulletin of Indonesian Economic Studies. 60 (2): pp. 193-215.
    Source Title
    Bulletin of Indonesian Economic Studies
    DOI
    10.1080/00074918.2023.2225243
    ISSN
    0007-4918
    Faculty
    Faculty of Business and Law
    School
    School of Accounting, Economics and Finance
    URI
    http://hdl.handle.net/20.500.11937/97472
    Collection
    • Curtin Research Publications
    Abstract

    This paper investigates three issues related to interprovincial inequality in household net wealth in Indonesia. First, it assesses whether inequality is dominated by inequality within or between provinces. Second, it identifies the determinants of inequality. Third, it looks at the clubs of regions formed owing to convergence or divergence in household net wealth growth in Indonesia. Using data from five waves of the Indonesian Family Life Survey, we found declining inequality in household net wealth in Indonesia, dominated by inequality within provinces. Education is the biggest equalising variable for inequality in household net wealth in Indonesia. Using a club convergence approach, we also found that growth in household net wealth converged within one club and that two clubs converged over time.

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