scholarly journals PENDEKATAN MODEL GRAVITASI UNTUK MENGESTIMASI PERMINTAAN PARIWISATA DI INDONESIA

2020 ◽  
Vol 6 (2) ◽  
pp. 163-189
Author(s):  
Sarwoko Sarwoko ◽  
Rini Raharti ◽  
Ridwan Ridwan ◽  
Diana Agustina
Keyword(s):  
Gravity Data ◽  
Destination Country ◽  
Economic Factors ◽  
Tourism Demand ◽  
Tourist Destination ◽  
Panel Data Estimation ◽  
The Past ◽  
The Empirical Analysis ◽  
Data Estimation ◽  
Living Cost

Tourism is one of the main drivers of Indonesia’s economy. It included the five biggest foreign earning contributors of the country’s income receipt in the past. From this perspective, this study tries to analyse the determinants influencing international tourism demand in Indonesia using the Gravity Model. In this study, to estimate tourism demand in the form of Tourist Arrival or Tourist Expenditure based on key economic factors as Real Gross Domestic Product (GDP) per capita both from Tourist Origin Country and Tourist Destination Country, Relatively living cost country, Real exchange rate and Distant (mile) between Tourist Origin Country and Tourist Destination Country. For the empirical analysis a panel dataset of the ten biggest mayor Tourist Origin Countries- Australia, Malaysia, Singapore, Jepang, India, Korea Selatan, China, Amerika, Inggris and Taiwan- is used over the periode 2000-2018. With the panel data estimation shows that the majority of the determinants have statistically significant in the two specifications of tourism demand.Abstrak Pariwisata adalah salah satu faktor pendorong utama perekonomian Indonesia. Hal tersebut termasuk dalam lima penyumbang devisa terbesar. Dari perspektif itu, penelitian ini mencoba menganalisis faktor-faktor yang memengaruhi permintaan pariwisata secara internasional di Indonesia dengan menggunakan Model Gravity. Dalam studi ini, untuk memperkirakan permintaan pariwisata dalam bentuk Kedatangan Turis atau Kepergian Turis berdasarkan faktor ekonomi utama dalam bentuk Produk Domestik Bruto (PDB) per kapita baik dari Negara Asal Wisatawan dan Negara Tujuan Wisata, biaya hidup relatif, nilai tukar riil dan Jarak (mil) antara Negara Asal Wisatawan dan Negara Tujuan Wisata. Untuk analisis empiris, menggunakan data panel dari sepuluh negara terbesar yakni Negara Asal Turis - Australia, Malaysia, Singapura, Jepang, India, Korea Selatan, Cina, Amerika, Inggris, dan Taiwan selama periode 2000-2018. Dengan estimasi data panel menunjukkan bahwa semua faktor penentu secara statistik signifikan dalam dua persamaan permintaan pariwisata. Kata Kunci : pariwisata, destinasi, PDB, model gravity, data panel

scholarly journals Urban Form Resilience: A Comparative Analysis of Traditional, Semi-Planned, and Planned Neighborhoods in Shiraz, Iran

Urban Science ◽  
2021 ◽  
Vol 5 (1) ◽  
pp. 18
Author(s):  
Ayyoob Sharifi ◽  
Maryam Roosta ◽  
Masoud Javadpoor
Keyword(s):  
Urban Form ◽  
Green Spaces ◽  
Economic Factors ◽  
Urban Resilience ◽  
Future Studies ◽  
Street Networks ◽  
The Past ◽  
Extreme Heat Events ◽  
Physical Form ◽  
Heat Events

As cities are exposed to a portfolio of risks, the concept of resilience has risen to prominence over the past two decades. Consequently, a large volume of research has been published on different aspects of urban resilience. However, urban form resilience is still relatively understudied. As a step toward filling this gap, this study examines resilience of nine selected neighborhoods from Shiraz, an old Iranian city. The selected cases represent three different urban form patterns, namely, traditional, semi-planned, and planned. Different indicators related to the physical configuration of lots, blocks, open and green spaces, and street networks are used to examine resilience of each neighborhood to three major stressors, namely, earthquakes, extreme heat events, and floods. Additionally, a combination of Shannon entropy and the VIKOR (VlseKriterijumska Optimizcija I Kaompromisno Resenje in Serbian) method is used to rank the resilience of each neighborhood to each of the three stressors. Results show that, overall, the physical form of the planned neighborhoods is more conducive to urban resilience. In contrast, the urban form of traditional neighborhoods was found to be less resilient. There were, however, some variations depending on the type of stressor considered. The paper concludes by emphasizing the need to consider social and economic factors in future studies of urban form resilience.

scholarly journals Exchange Rate Volatility and Domestic Consumption: A Comparative Study of Developed, Developing and Emerging Economies

2019 ◽  
Vol 9 (3) ◽  
pp. 164
Author(s):  
Muhammad Zubair Chishti ◽  
Hafiz Syed Muhammad Azeem ◽  
Farrukh Mahmood ◽  
Adeel Ahmed Sheikh
Keyword(s):  
Exchange Rate ◽  
Panel Data ◽  
Developing Economies ◽  
Exchange Rate Volatility ◽  
Domestic Consumption ◽  
Aggregate Consumption ◽  
Developed Economies ◽  
Panel Data Estimation ◽  
The Exchange Rate ◽  
Data Estimation

The current study endeavors to explore the effects of oscillations in the exchange rate on the household aggregate consumption of developed, emerging, and developing economies, employing the panel data from 1995 to 2017. To select an appropriate panel data estimation technique, we apply Brush-Pagan & Hausman Tests for each set of chosen economies. Further, our study deduces that, in the case of developed economies, the oscillations in the exchange rate, significantly, affect the domestic consumption, supporting Alexander’s (1952) conjecture. However, in the case of emerging and developing economies, aggregate consumption does not respond to the exchange rate volatility.

An ‘Age of Commerce’ in Southeast Asian History

1990 ◽  
Vol 24 (1) ◽  
pp. 1-30 ◽  
Author(s):  
Anthony Reid
Keyword(s):  
World War Ii ◽  
Southeast Asia ◽  
Economic History ◽  
External Factors ◽  
The Other ◽  
Economic Factors ◽  
World War ◽  
The Past ◽  
Increased Sensitivity ◽  
Asian History

Since the end of World War II the study of Southeast Asia has changed unrecognizably. The often bitter end of colonialism caused a sharp break with older scholarly traditions, and their tendency to see Southeast Asia as a receptacle for external influences—first Indian, Persian, Islamic or Chinese, later European. The greatest gain over the past forty years has probably been a much increased sensitivity to the cultural distinctiveness of Southeast Asia both as a whole and in its parts. If there has been a loss, on the other hand, it has been the failure of economic history to advance beyond the work of the generation of Furnivall, van Leur, Schrieke and Boeke. Perhaps because economic factors were difficult to disentangle from external factors they were seen by very few Southeast Asianists as the major challenge.

Shadow economy in Africa: how relevant is financial inclusion?

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Folorunsho M. Ajide
Keyword(s):  
Shadow Economy ◽  
Financial Inclusion ◽  
Sub Saharan Africa ◽  
African Countries ◽  
Content Type ◽  
Development Indicators ◽  
Panel Data Estimation ◽  
Sub Saharan ◽  
Data Estimation ◽  
Toda And Yamamoto

Purpose This study aims to investigate the possible relationship between financial inclusion and shadow economy in selected African countries. Design/methodology/approach The study uses panel data estimation technique and Toda and Yamamoto causality approach. The data of selected African counties over a period of 2005–2015 are sourced from World Bank Development Indicators, International Monetary Fund International Financial statistics database and International Country Risk Guide. Findings The results show that financial inclusion reduces the size of shadow economy. The causality results show that there is a unidirectional causality moving from financial inclusion to shadow economy. The results demonstrate that a country with lower level of corruption and higher level of growth can benefit more in reducing the size of shadow economy through financial inclusion. Originality/value This study provides the first evidence of the link between financial inclusion and shadow economy from the Sub-Saharan Africa perspective. The study suggests that financial inclusion may be useful in affecting the size of shadow economy in Africa.

ENTREPRENEURIAL OPTIMISM, THE NATURE OF ENTREPRENEURIAL EXPERIENCE AND DEBT DECISION FOR BUSINESS START-UP

2018 ◽  
Vol 22 (03) ◽  
pp. 1850024 ◽  
Author(s):  
HÉDIA FOURATI ◽  
RIHAB BEN ATTITALAH
Keyword(s):  
Earnings Forecasts ◽  
Adjustment Cost ◽  
Debt Ratio ◽  
Entrepreneurial Experience ◽  
Panel Data Estimation ◽  
Quality Of Control ◽  
Start Up ◽  
Serial Entrepreneurs ◽  
Data Estimation

This paper studies the entrepreneurial optimism and debt decisions for business start-up. By analysing a sample of 160 business start-up and by using the panel data estimation, we study entrepreneurs’ optimism and its impact on debt decision of business start-up. The measure of entrepreneurial optimism is based on the entrepreneur earnings forecasts initiated by Lin et al. (2005). Meanwhile, the nature of entrepreneurial experience (serial and portfolio entrepreneur) has an effect on entrepreneurial optimism and leads to more or less optimistic entrepreneur. The results reveal that optimistic entrepreneur prefers equity in funding the financial deficit. Serial entrepreneurs tend to use more debt funding. In the dynamic model, the entrepreneur acquiring business concurrently adjusts slowly to debt ratio. Nevertheless, the sequential entrepreneurial experience leads to more optimism and so on more debt use. Given the governance role played by banks, the high adjustment cost for start-up is a consequence of the efficiency of the quality of control exercised by banks that in spite of entrepreneurial optimism, the entrepreneur does not convince the financiers to be so confident on the prospect of the business.

scholarly journals Impact of Firm Performance on Corporate Governance Quality: The Case of Nigerian Manufacturing Firms

2020 ◽  
pp. 189-193
Author(s):  
R. A. Akinsokeji ◽  
E. O. Ogunleye ◽  
O. O. Akindele
Keyword(s):  
Firm Performance ◽  
Firm Size ◽  
High Performance ◽  
Manufacturing Firms ◽  
Board Structure ◽  
Panel Data Estimation ◽  
Pooled Data ◽  
Two Measures ◽  
Corporate Governance Quality ◽  
Data Estimation

In this study, the reverse impact of firm corporate performance on board structure is empirically examined using a large cross section of 50 manufacturing firms in Nigeria. The study makes a divergence from previous studies by noting that such a reverse effect is possible and examining this effect of performance on board structure in Nigeria. The panel data estimation technique is employed on the pooled data for the firms over a ten-year period (2004-2013) and estimation is performed using four measures of firm performance and two measures of board structure. The results show that there is actually reverse impact of firm performance on board structure although the effect is quite weak. The only performance variable that exerts significant impact on board structure (board size and independence) is earnings per share and, to a lesser degree profit margin. Moreover, firm size is shown to be an essential factor in explaining the general behavior of firm performance and also the pattern of effect of such performance on the board structure. The analyses clearly showed that firm size is itself a strong positive factor in improving firm performance and also tends to improve the effect of high performance on board structure across the firms.

scholarly journals DETERMINATION AND MAPPING OF THE TERRESTRIAL GRAVITY ANOMALIES IN THE MOUNTAINOUS AREAS OF IRAQ

2021 ◽  
Vol 6 (24) ◽  
pp. 213-225
Author(s):  
Shazad Jamal Jalal ◽  
Tajul Ariffin Musa ◽  
Ami Hassan Md Din ◽  
Wan Anom Wan Aris
Keyword(s):  
Gravity Data ◽  
Physical Geodesy ◽  
Gravity Anomalies ◽  
Gravity Survey ◽  
Mountainous Areas ◽  
Entire Study ◽  
Terrestrial Gravity ◽  
The Past ◽  
Regional Gravity ◽  
Entire Study Area

Gravity data and computing gravity anomalies are regarded as vital for both geophysics and physical geodesy fields. The mountainous areas of Iraq are characterized by the lack of regional gravity data because gravity surveys are rarely performed in the past four decades due to the Iraq-Iran war and the internal unstable political situation of this particular region. In addition, the formal map of the available terrestrial gravity which was published by the French Database of Bureau Gravimetrique International (International Gravimetric Bureau-in English) (BGI), introduces Iraq and the study area as a remote area and in white color because of the unavailability of gravity data. However, a dense and local (not regional) gravity data is available which was conducted by geophysics researchers 13 years ago. Therefore, the regional gravity survey of 160 gravity points was performed by the authors at an average 11 km apart, which was covers the whole area of Sulaymaniyah Governorate (part of the mountainous areas of Iraq). In spite of Although the risk of mine fields within the study area, suitable safe routes as well as a helicopter was used for the gravity survey of several points on the top of mountains. The survey was conducted via Lacoste and Romberg geodetic gravimeter and GPS handheld. The objective of the study is to determine and map the gravity anomalies for the entire study area, the data of which would assist different geosciences applications.

scholarly journals A structural equation model: Greece’s tourism demand for tourist destination

2010 ◽  
Vol 4 (1-2) ◽  
pp. 75-83 ◽  
Author(s):  
Prasert Chaitip ◽  
Chukiat Chaiboonsri ◽  
Sándor Kovács ◽  
Péter Balogh
Keyword(s):  
Structural Equation Model ◽  
Structural Equation ◽  
Travel Cost ◽  
Positive Influence ◽  
Equation Model ◽  
Product Management ◽  
Tourism Demand ◽  
Product Attributes ◽  
Tourist Destination ◽  
Tourism Product

Structural equation model (LISREL 8) was applied to test the causal relationships between tourist travel motivations and tourist destination.A survey containing Likert scale questions was conducted to collect data from 100 tourists who had travelled to Greece’s tourist destination. With the help of factor analysis, four dimensions were identified for scales used in the study: travel cost satisfaction, tourism product, tourism product attributes, and tourism product management. Results indicated that the travel cost satisfaction of tourists has a positive influence on tourism product, tourism product attributes and tourism product management. Moreover, our results suggested that the tourist demographics has a positive influence on tourism product and tourism product attributes and has an insignificant relationship with tourism product management. Based on our findings the tourist demographics has not influence on tourism product management. However, these findings suggest that both the private tourism and the governmental tourism sector should develop a better management of tourist destinations so as to develop a stronger attraction of tourism, better amenities, a better accessibility, an appropriate image, to make tourism competitive and to keep tourism product prices at a reasonable level. The implications of the tourism demand model can be used for the public environmental policy-making process based mainly on reasons of interest, ideology or understanding.  

scholarly journals Applying Social Networks in the Management of Sustainable Tourist Destinations: An Analysis of Spanish Tourist Destinations

Land ◽  
2021 ◽  
Vol 10 (11) ◽  
pp. 1142
Author(s):  
Adolfo Elizondo Saltos ◽  
David Flores-Ruiz ◽  
María de la O Barroso González
Keyword(s):  
Social Networks ◽  
Direct Relationship ◽  
Descriptive Analysis ◽  
The Internet ◽  
Effective Management ◽  
Tourist Destination ◽  
Tourist Destinations ◽  
Technological Advantage ◽  
The Social ◽  
The Empirical Analysis

In this study, the presence and management of the social networks of 78 tourist destinations were analyzed for the development of sustainable tourism, with particular attention being paid to Spanish smart destinations. The variables for the empirical analysis were determined from a literature review, and it was concluded from a descriptive analysis, correlation analysis and an analysis of variance, that although the presence of tourist destinations on the internet and on social networks was notable, their management was inadequate for the development of sustainable tourist destinations. It was shown that there is a direct relationship between the number of visitors at a tourist destination and its presence on social networks. However, our analyses found that this correlation was not related to social network management; a greater number of visitors were not related to the effective management of social networks. It was concluded that smart destinations, despite having a technological advantage, did not stand out for their presence and management on social networks. The manuscript ends with some recommendations for the future

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