Economic Determinants of Tourism in Indonesian Districts, with Panel Data

Rajagukguk, Wilson and Rajagukguk, Josia (2023) Economic Determinants of Tourism in Indonesian Districts, with Panel Data. Iosr Journal Of Economics And Finance (Iosr-Jef), 14 (6). pp. 48-53. ISSN 2321-5933

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Abstract

Tourism is a determinant of economic growth. Tourism can be seen as a factor that influences economic growth. Keynesian economic growth theory views tourism in terms of consumption and imports. Thus, increasing tourism has a back-and-forth impact on growth. This research was conducted to investigate the determinants of tourism in Indonesian districts/cities. The data used was obtained from INDODAPOER (World Bank, 2023). The analysis method uses univariate, bivariate and multivariate methods with panel data. The dependent variable is tourism (IDR Million). Meanwhile, the independent variables are Total Revenue (Idr. Million), Total Population, GDP on agricultural sector (IDR Million), Household Access to Electricity: Total (in % of total household), Regional GDP. It was found that all independent variables except GDP on agricultural sector (IDR million) had a positive impact on the growth of the tourism sector in Indonesia during the study period, namely, 2006 - 2019. Keyword: Socioeconomic determinan, tourisme, GDP growth, districk, Indonesia

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