The Impact of Economic Crisis on Welfare of Rural and Urban Households: a Case Study of Indonesia

Tri Widodo ()

MPRA Paper from University Library of Munich, Germany

Abstract: The economic crisis has led to decreases in the welfare of urban and rural households. This paper applies EV (equivalent variation) and CV (compensating variation) derived from the Linear Expenditure System (LES) to calculate the change in the welfare of urban and rural households that were caused by changes in income and prices. This paper has several conclusions. First, urban families were affected by the crisis in more severe condition rather than rural families. Second, among the regional -Sumatra, Java, Kalimantan, Sulawesi and others-urban and rural families in Kalimantan were affected by the economic crisis in the worst condition than the other regions.

Keywords: Welfare impact; Equivalent Variation (EV); Compensating Variation (CV); Linear Expenditure System (LES); Seemingly Uncorrelated Regression (SUR (search for similar items in EconPapers)
JEL-codes: D11 D60 (search for similar items in EconPapers)
Date: 2000-01-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/78114/1/MPRA_paper_78114.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:78114

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().