The Potential Economic Effects of COVID-19 on Expenditure to the Services Sector and Employment by Age and Gender in Indonesia

DOI

10.2991/aebmr.k.210507.043How to use a DOI?

Keywords

Covid-19, employment structure, expenditure to the services sector, age group, gender, Indonesia

Abstract

The pandemic Covid-19 has made the Indonesian economy fall into recession in 2020. This paper, by using the National Social-Economic Survey (SUSENAS) 2014 and 2018 published by the Central Bureau of Statistics, aimed at examining the potential economic effects of the Covid-19 on the expenditure to the services sector and employment sector by age and gender. The study found that the potential effects of Covid-19 on the expenditure on the services sector by the age groups will be deeper for both males and females in the age groups between 25 and 34 years old and the age group of 60 years old. The potential economic effects of Covid-19 on employment in the primary sector by age group and gender will be in the age groups between 35 and 54 years old, while in the secondary and tertiary sectors will tend to be in the age groups between 20 to 44 years old and the age groups between 20 to 49 years old. These findings suggest that the above age groups and gender need to tight their household expenditure on the services sector and seek less physical-contact business activities as their source of income during the Covid-19 pandemic. If they are entrepreneurs and managers, they need to reposition, retarget, and accelerate the digital marketing technology of their business. However, caveats should be applied in that they should not do any logical fallacies that can harm their decision makings, including hasty generalization, appeal to ignorance, and argument from the authority to name just three. Thus, entrepreneurs and managers should do detailed research before making a decision.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Carunia Mulya Firdausy
AU  - Pihri Buhaerah
PY  - 2021
DA  - 2021/05/09
TI  - The Potential Economic Effects of COVID-19 on Expenditure to the Services Sector and Employment by Age and Gender in Indonesia
BT  - Proceedings of the Ninth International Conference on Entrepreneurship and Business Management (ICEBM 2020)
PB  - Atlantis Press
SP  - 281
EP  - 288
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210507.043
DO  - 10.2991/aebmr.k.210507.043
ID  - Firdausy2021
ER  -