Sectoral Growth and Income Inequality in ASEAN-5 Countries: Case of Low-Middle Income Economies

Sectoral Growth and Income Inequality in ASEAN-5 Countries: Case of Low-Middle Income Economies

This paper aims to explore the relationship between growth in economic sectors, especially manufacturing, service, and agriculture, towards income inequality. Furthermore, it utilizes panel data for low-middle income ASEAN countries. The result shows that the share of agricultural sector in GDP has...

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Main Author: Dewa Gede Sidan Raeskyesa
Format: Article
Language:English
Published: Bina Nusantara University 2020-08-01
Series:Journal of ASEAN Studies
Subjects:
asean
developing countries
economic development
Online Access:https://journal.binus.ac.id/index.php/jas/article/view/6435
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spelling doaj-ede3375a71a546518038b2c8bb246a222021-08-05T06:02:00ZengBina Nusantara UniversityJournal of ASEAN Studies2338-13612338-13532020-08-018111310.21512/jas.v8i1.64355560Sectoral Growth and Income Inequality in ASEAN-5 Countries: Case of Low-Middle Income EconomiesDewa Gede Sidan Raeskyesa0School of Business and Economics, Universitas Prasetiya MulyaThis paper aims to explore the relationship between growth in economic sectors, especially manufacturing, service, and agriculture, towards income inequality. Furthermore, it utilizes panel data for low-middle income ASEAN countries. The result shows that the share of agricultural sector in GDP has a significant and negative relationship with income inequality. In fact, the effect is robust for the incorporation of control variables. Therefore, it underlines the importance of agricultural sector development for reducing inequality and also for fostering ASEAN economic integration.https://journal.binus.ac.id/index.php/jas/article/view/6435aseandeveloping countrieseconomic development
collection DOAJ
language English
format Article
sources DOAJ
author Dewa Gede Sidan Raeskyesa
spellingShingle Dewa Gede Sidan Raeskyesa
Sectoral Growth and Income Inequality in ASEAN-5 Countries: Case of Low-Middle Income Economies
Journal of ASEAN Studies
asean
developing countries
economic development
author_facet Dewa Gede Sidan Raeskyesa
author_sort Dewa Gede Sidan Raeskyesa
title Sectoral Growth and Income Inequality in ASEAN-5 Countries: Case of Low-Middle Income Economies
title_short Sectoral Growth and Income Inequality in ASEAN-5 Countries: Case of Low-Middle Income Economies
title_full Sectoral Growth and Income Inequality in ASEAN-5 Countries: Case of Low-Middle Income Economies
title_fullStr Sectoral Growth and Income Inequality in ASEAN-5 Countries: Case of Low-Middle Income Economies
title_full_unstemmed Sectoral Growth and Income Inequality in ASEAN-5 Countries: Case of Low-Middle Income Economies
title_sort sectoral growth and income inequality in asean-5 countries: case of low-middle income economies
publisher Bina Nusantara University
series Journal of ASEAN Studies
issn 2338-1361
2338-1353
publishDate 2020-08-01
description This paper aims to explore the relationship between growth in economic sectors, especially manufacturing, service, and agriculture, towards income inequality. Furthermore, it utilizes panel data for low-middle income ASEAN countries. The result shows that the share of agricultural sector in GDP has a significant and negative relationship with income inequality. In fact, the effect is robust for the incorporation of control variables. Therefore, it underlines the importance of agricultural sector development for reducing inequality and also for fostering ASEAN economic integration.
topic asean
developing countries
economic development
url https://journal.binus.ac.id/index.php/jas/article/view/6435
work_keys_str_mv AT dewagedesidanraeskyesa sectoralgrowthandincomeinequalityinasean5countriescaseoflowmiddleincomeeconomies
_version_ 1721221296624238592

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