Proceedings of the 3rd Economics and Business International Conference, EBIC 2022, 22 September 2022, Medan, North Sumatera, Indonesia

Research Article

Influence of Income on Household Consumption Expenditure Patterns in Medan City in 2015 Problem Based Learning Implications of The Keynes Consumption Function

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  • @INPROCEEDINGS{10.4108/eai.22-9-2022.2337483,
        author={Adithya Rahman Atmaja and Syarianty  Devi and Irsad  Lubis},
        title={Influence of Income on Household Consumption Expenditure Patterns in Medan City in 2015  Problem Based Learning Implications of  The Keynes Consumption Function},
        proceedings={Proceedings of the 3rd Economics and Business International Conference, EBIC 2022, 22 September 2022, Medan, North Sumatera, Indonesia},
        publisher={EAI},
        proceedings_a={EBIC},
        year={2024},
        month={4},
        keywords={household income consumption pattern},
        doi={10.4108/eai.22-9-2022.2337483}
    }
    
  • Adithya Rahman Atmaja
    Syarianty Devi
    Irsad Lubis
    Year: 2024
    Influence of Income on Household Consumption Expenditure Patterns in Medan City in 2015 Problem Based Learning Implications of The Keynes Consumption Function
    EBIC
    EAI
    DOI: 10.4108/eai.22-9-2022.2337483
Adithya Rahman Atmaja1,*, Syarianty Devi1, Irsad Lubis1
  • 1: Universitas Sumatera Utara
*Contact email: atmaja.adithya@gmail.com

Abstract

The main purpose of this study is to estimate how income variables can affect household consumption expenditure patterns in the city of Medan in 2021. The data used are cross-sectional data (data according to time) collected from 100 households throughout the city of Medan. While the variable to be estimated is the pattern of household consumption. Based on the estimation results using the multiple regression method using SPSS 18 software, the measure of goodness of fit (R2) is 82.1%, the independent variable is the pattern of household consumption (KRT) and is significant to household income (PRT). While partially household consumption has a positive and significant effect on household income in Medan City.