scholarly journals THE INFLUENCE OF THE TOURISM SECTOR ON ECONOMIC GROWTH AND ITS EFFECT ON MICRO AND SMALL ENTERPRISES (UMK) IN YOGYAKARTA

2021 ◽  
Vol 6 (1SP) ◽  
pp. 90
Author(s):  
Oeliestina Oeliestina

Yogyakarta’s economic growth contracted by up to 6.74 percent (Quarter II 2020). This is due to the declining growth of the tourism sector as the driving sector for Yogyakarta’s economy. Even though the tourism sector is the lifeblood of Micro and Small Enterprises (UMK). As many as 75.09 percent of Micro and Small Enterprises (UMK) are businesses that surround the Yogyakarta tourism sector which is usually invaded by tourists. The purpose of this research is to look at the impact of the tourism sector on economic growth and link it to Micro and Small Enterprises (UMK). The results of the Mc Nemar statistical test stated that the covid-19 pandemic affected Yogyakarta’s economic groth with a significance of 0.021. The results of the F-test indicate that the tourism sector (represented by Room Occupancy Rate variable (X1) and foreign guest visits (X2) affect economic growth (Y) with a significance of less than 0.05. The results of the literature method also add information that there are 3 Micro and Small Enterprises (UMK) who play an important role in Yogyakarta tourism, namely : the food industry, the weaving industry and the apparel industry (batik craft).

2019 ◽  
Vol 7 (8) ◽  
pp. 478-488
Author(s):  
Shefali Gupta

Development of micro and small enterprises holds the attraction of being the most important component of broader economic development and poverty alleviation. They are seen as a key and sustainable generator of employment and income for citizens and tax revenue for the state. They also serve as a bridge between informal economy and the formalized corporate sector in developing countries. Likewise, if they are able to meet the required export quality and standards, for some countries they are a source of foreign exchange earnings. It is also believed that a variant micro and small enterprise sector helps to encourage competition since they are favorable to bring about economic growth.


2021 ◽  
Author(s):  
Maria Digna R. Nahak

The global Covid-19 pandemic that has plagued all countries of the world has affect all sectors of people's lives. In Indonesia, almost all sectors experience impacts, especially the economic ecosystem which has been become the focus of society. Furthermore, the Covid-19 pandemic has made the slowdown in the economic sector in Indonesia with its various derivatives. The Micro, Small and Medium Enterprises (MSME) sector which is part of the most important sector of the economy is very important feel. This is what worried by all parties, because it has made the MSME sector experienced a significant decline. Moreover, currently many MSMEs are experiencing various problems such as: decrease in sales, capital, hampered distribution, difficulty in raw materials, decreased production and the occurrence of many layoffs for workers and hunting which later became a threat to the national economy. MSMEs as a driver of the domestic economy and a middle labor absorber face a decline in productivity which results in a decrease in profits significant. Even based on the related Asian Development Bank (ADB) survey, the impact of the pandemic on MSMEs in Indonesia, 88% of micro businesses run out of cash or savings, and more than 60% of these micro and small enterprises have reduced their workforce work.


2018 ◽  
Vol 28 (1) ◽  
pp. 105-110
Author(s):  
Snezana Bardarova ◽  
Marija Magdincheva-Shopova ◽  
Monika Markovska ◽  
Bozhidar Milenkovski

Current developments in the global and national economics point to a number of problems faced by real entities in the real sector, and as a special area of interest for the scientific public there is a need to provide conditions for the smooth running of the reproduction processes in the enterprise and the realization the positive results of the operation. Enterprises are drivers of inclusive economic growth in the Republic of Macedonia and in creating productive and sustainable jobs.The new conception of the small enterprise as a carrier and engine of economic development is quite persuasive with its economic logic and reaffirms the small enterprise as a significant economic sector. The activities within the small enterprises are aimed at intensifying the results of the work by achieving a balance between objective possibilities and good working principles. The monitoring of the small enterprise, through the prism of its influence on economic growth and development, rejects the traditional view for small enterprises as security guards.The SME sector is a driver of inclusive economic growth in Macedonia and the creation of sustainable jobs increasing productivity. It also does not agree with the notion that small enterprises are economically inefficient organisms.With the third technological revolution in the countries with a developed market economy, the domination of the so-called. small economy, that is, the sector of small and medium enterprises. Today, small enterprises have a growing number of supporters who believe that small enterprises are carriers of innovation and entrepreneurship and are able to react quickly to changes in the environment. For years, the Republic of Macedonia has faced a high rate (29%, June 2013) of general unemployment, which remains a key challenge for stabilizing the economic and social development of the country. The subject of research in this paper is focused on conducting analysis of the active enterprises in the Republic of Macedonia by size, by sector and by number of employees, as well as analysis of the activity of the population and employment by sectors and by type of ownership of the enterprise in the period from 2013-2017.


Author(s):  
Abdullah Abdulaziz Alhumaidan ◽  
Noor Hazlina Ahmad

The research aims to know the impact of sustainability orientation on sustainable performance. The data has been collected through a survey and the probability-random sampling technique has been employed. The study sample is micro and small enterprises in Tunisia. The organizational level is the unit of analysis, which are the owners of these enterprises. It has been concluded that managers' orientations have an influence on environmental and social performance, but their orientations towards sustainability did not impact economic performance. The study has suggested that future research could investigate different organizations irrespective of their size and industry that would make it easy to generalize results.


Author(s):  
Daniel F. Meyer

South Africa is facing three main developmental problems, including high levels of poverty, unemployment, and inequality. The tourism sector allows for a relatively easy entry into the local market for small businesses and entrepreneurs and has the potential to create jobs and subsequently, income. Tourism development could be utilised as a driver for economic growth and development. The main objective of this research was to assess the impact of the tourism sector on economic growth and development in South Africa, focusing on the Gauteng Province which, is the economic hub of the country and even Africa. The methodology utilised was based on a quantitative design, using secondary time series pooled panel data approach including, all the municipal entities in the region. Annual data from 2000 to 2019 were used to analyse the impact of tourism on economic growth and development. Tourism variables include measurements such as tourism spending and international tourism trips. Results confirm the tourism-growth nexus and the sector allows ease of market entry for small businesses, resulting in employment creation and income for the poor in developing regions if promoted via effective policy implementation, even in regions where tourism is not the leading sector.


Author(s):  
S. Anandasayanan ◽  
S. Balagobei ◽  
M. Amaresh

In Sri Lanka, tourism has been identified as the third largest and fastest growing source of foreign currency in 2018, after private remittances and textile and garment exports, accounting for almost $4.4 billion or 4.9 percent of gross domestic product in 2018. Tourism industry is a key element which accelerates the economic growth by earning high foreign exchange and reducing poverty by providing direct and indirect employment opportunities to locals. This study primarily investigates the impact of between tourism sector on economic growth by employing Augmented Dickey Fuller’s unit root test, correlation analysis and regression analysis. Annual data from 1989 to 2018 was used. The dependent variable was economic growth while tourists’ receipts were independent variable. Strong and positive correlation was explored between tourists’ receipts and economic growth meanwhile the results of regression analysis indicate that tourists’ receipts significantly impact on the economic growth.


2021 ◽  
Vol 17 (1) ◽  
pp. 17-34
Author(s):  
Nurul Aeni

ENGLISHCOVID-19 Pandemic started from March 2020 affected many aspects. This research aims to describe the impacts of pandemic on health, economic, and social in Pati District. It used both qualitative and quantitative approaches. It used secondary data that were obtained from relevant services and references. Then, the data were analyzed descriptively. This research resulted: (1) the impacts of the COVID-19 pandemic on health can be seen through the number of positive COVID-19 cases, mortality, and reduction in health service coverage. Higher positive COVID-19 cases were found in around the center of government and economic activities; (2) COVID-19 Pandemic has disturbed supply and demand of goods and services. This situation affected the decrease of economic growth. Pati’s economic structure is sustained by agriculture and manufactured that still showed positive growth. Thus, the economic slowdown caused the increase of unemployment, particularly on micro and small enterprises or household industries; (3) the impact of pandemic COVID-19 was represented by the poverty increase. Higher number of poor families was found in the areas having near-poor families and vulnerable ones. INDONESIAPandemi COVID-19 yang terjadi sejak bulan Maret 2020 memengaruhi segala aspek kehidupan. Tujuan penelitian adalah mendeskripsikan dampak pandemi dalam aspek kesehatan, ekonomi, dan kesehatan di Kabupaten Pati. Penelitian menggunakan pendekatan kualitatif dan kuantitatif secara bersama. Data yang digunakan adalah data sekunder yang diperoleh dari instansi maupun referensi yang relevan. Selanjutnya data tersebut diolah secara kualitatif dan kuantitatif. Hasil penelitian adalah (1) Dampak pandemi COVID-19 pada aspek kesehatan adalah jumlah kasus positif dan kematian yang cukup tinggi serta penurunan cakupan sebagian besar layanan kesehatan; kasus positif COVID-19 cukup tinggi terjadi di wilayah yang merupakan pusat pemerintahan atau dekat dengan pusat ekonomi; (2) Pandemi COVID-19 menyebabkan perubahan penawaran dan permintaan barang dan jasa. Kondisi tersebut berdampak terhadap penurunan pertumbuhan ekonomi. Struktur perekonomian Kabupaten Pati ditopang oleh sektor usaha pertanian dan industri pengolahan yang masih menunjukkan pertumbuhan positif selama pandemi. Perlambatan ekonomi tersebut selanjutnya menyebabkan peningkatan pengangguran, terutama pada sektor usaha mikro dan kecil serta industri rumah tangga; (3) Dampak sosial pandemi COVID-19 di Kabupaten Pati terwakili oleh peningkatan kemiskinan, dimana peningkatan kemiskinan lebih tinggi terjadi di wilayah yang yang memiliki jumlah keluarga hampir dan rentan miskin tinggi.


2018 ◽  
Vol 13 (5) ◽  
pp. 1108-1131 ◽  
Author(s):  
Manex Bule Yonis ◽  
Tassew Woldehanna ◽  
Wolday Amha

Purpose The effectiveness of any government interventions to support small firms is always a concern in achieving improvements in enterprise performances. The purpose of this paper is to evaluate thoroughly the impact of micro and small enterprises’ (MSEs’) support programs on core intermediate and final outcomes of interest. Design/methodology/approach The impact evaluation employs a non-parametric matching procedure for parametric outcome analysis using the propensity score matching (PSM) method. Aiming at a doubly robust evaluation process, the study applies parametric analyses than non-parametric permutation-based tests to investigate the causal effects of the public intervention. Findings The study reveals that the public intervention encouraged MSEs to develop innovative business practices and improve their human capital development process. Moreover, the intervention had a positive effect in expanding employment opportunities in urban areas. Contrariwise, the study shows that support beneficiaries are not at an advantage in investment intensity. The lower level of investment intensity on fixed capital resulted inefficiency among the recipients. Moreover, the intervention did not have an effect on changing the net-asset over time for the recipients. Practical implications This study implies that the support programs need to be dynamic and also targets on creating innovative high-growth MSEs. Originality/value This paper is fairly original and provides policy makers and MSE promoters/facilitators evidence-based information on the effectiveness of the support services, with looking at firm-level analysis.


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