 Impact of institutional determinants on income inequalities in Indonesia during the Era ReformasiMałgorzata Szczepaniak, Andrzej Geise and Nurul Bariyah Journal of Asian Economics, 2022, vol. 82, issue C Abstract: This article examines the links between a selected group of institutional factors and income inequalities. The Indonesian transformation process, referred to as the Era Reformasi, which started in 1999, was a substantial institutional change in the social, political, and economic sphere that could have impacted income inequalities. We conducted an analysis based on Engle and Granger’s (1987) cointegration technique and the autoregressive distributive lag (ARDL) model, which allowed us to assess the short-run and long-run links, as well as causal relationships between variables. Particular attention was paid to governance indicators and economic freedom as factors that influence other economic and political institutions. The results show that improvements in institutional factors, namely economic freedom, corruption control, government effectiveness, regulation quality, and voice and accountability, significantly reduced income inequalities during the Era Reformasi in Indonesia. Keywords: Institutions; Governance indicators; Economic freedom; Inequalities; Indonesia (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:asieco:v:82:y:2022:i:c:s1049007822000823 DOI: 10.1016/j.asieco.2022.101526 Access Statistics for this article Journal of Asian Economics is currently edited by C. Wiemer More articles in Journal of Asian Economics from Elsevier |
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