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Krisis Ekonomi dan Dampaknya pada Distribusi Pendapatan DKI Jakarta

Author

Listed:
  • Socia Prihawantoro

    (Researcher, at BPPT and Doctoral Student at Faculty of Economics, University of Indonesia, Jakarta)

  • Budy P. Resosudarmo

    (Researcher, at BPPT and Lecturer at Faculty of Economics, University of Indonesia, Jakarta)

  • Djoni Hartono

    (Past Graduate Student, Faculty of Economics, University of Indonesia, Jakarta)

Abstract

More than any other region in Indonesia, Jakarta was the most negatively affected by the 1997 economic crisis. While the crisis dropped the national GDP by approximately 13.6%, it caused the Jakarta GDP to shrink by approximately 17.6%. Using a Social Accounting Matrix for Jakarta, through the method of constrained fixed price multiplier, this paper conducts in-depth analysis on the impact of the 1997 economic crisis on income distributing among various socio-economic groups in Jakarta. The result shows that the economic crisis in Jakarta mostly influenced the manufacturing industries. Then the contraction of manufacturing industries dropped the income of capital owners and formal labor household. This paper also provides policy suggestions to soften the negative impact of the crisis to poor households in Jakarta.

Suggested Citation

  • Socia Prihawantoro & Budy P. Resosudarmo & Djoni Hartono, 2002. "Krisis Ekonomi dan Dampaknya pada Distribusi Pendapatan DKI Jakarta," Economics and Finance in Indonesia, Faculty of Economics and Business, University of Indonesia, vol. 50, pages 157-181, June.
    • Handle: RePEc:lpe:efijnl:200206
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