| dc.description.abstract | Financial inclusion and literacy are government efforts to increase economic growth for the
welfare of its people. The level of community welfare can be seen through household
consumption expenditures. Rural communities in Indonesia have a larger number than those in
urban areas. Based on these problems, this study aimed to determine the impact of rural
community financial literacy and inclusion on consumption levels. The data used were based on
the results of IFLS 5 in 2014 with a total sample of 1,585 individuals. The method used in the
analysis was the Tobit regression model. The results showed that the variables had a significant
effect on the consumption level of rural communities were ownership of savings, financial
literacy, market access, income, ownership of assets in the form of houses and buildings, and
age. Meanwhile, the insignificant variables were ownership of loans, poverty, and ownership of
assets in the form of land. From these results, it can be seen that the consumption pattern of
rural communities in Indonesia does not depend on loans, but on financial literacy, income, and
market access. | en_US |
