Proceedings of the 2nd International Conference on Law, Social Science, Economics, and Education, ICLSSEE 2022, 16 April 2022, Semarang, Indonesia

Research Article

Factors Affecting People's Purchasing Power Implications for Unemployment Levels and Poverty Levels in West Java Province

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  • @INPROCEEDINGS{10.4108/eai.16-4-2022.2319799,
        author={Hartanto  Halim and Musa  Hubeis and Pudji  Astuty},
        title={Factors Affecting People's Purchasing Power Implications for Unemployment Levels and Poverty Levels in West Java Province},
        proceedings={Proceedings of the 2nd International Conference on Law, Social Science, Economics, and Education, ICLSSEE 2022, 16 April 2022, Semarang, Indonesia},
        publisher={EAI},
        proceedings_a={ICLSSEE},
        year={2022},
        month={8},
        keywords={people's purchasing power; economic growth; income per capita; inflation; consumption credit; unemployment levels; poverty levels},
        doi={10.4108/eai.16-4-2022.2319799}
    }
    
  • Hartanto Halim
    Musa Hubeis
    Pudji Astuty
    Year: 2022
    Factors Affecting People's Purchasing Power Implications for Unemployment Levels and Poverty Levels in West Java Province
    ICLSSEE
    EAI
    DOI: 10.4108/eai.16-4-2022.2319799
Hartanto Halim1,*, Musa Hubeis1, Pudji Astuty1
  • 1: Universitas Borobudur Jakarta, Indonesia
*Contact email: hartantohalim35@gmail.com

Abstract

The purchasing force of individuals seen through per capita uses changed by West Java territory throughout the course of recent years 2017-2020 will in general increment and somewhat recently the buying force of west Java individuals diminished because of the impact of the Covid-19 pandemic. The results showed that (1) Economic development, per capita pay, expansion and the dispersion of banking utilization credit at the same time altogether affected individuals' buying power. Partially financial development, per capita pay and credit banking utilization affect individuals' buying power, while expansion to some degree influences adversely and essentially on individuals' buying power. (2) People's buying power adversely and essentially influences the joblessness rate. (3) People's buying power adversely and fundamentally on the destitution rate. (4) The discoveries of the principal study, the size of the impact of monetary development, per capita pay, expansion and utilization credit on individuals' buying power in West Java Province is extremely predominant, which is 89.62%. (5) The discoveries of the following investigation of utilization credit factors become the most predominant factors influencing buying force of individuals of West Java region.