scholarly journals DEVELOPMENT STRATEGY OF EAST JAVA TOURISM AS AN ALTERNATIVE SOURCE OF ECONOMIC GROWTH

2021 ◽  
Vol 2 (2) ◽  
pp. 170-186
Author(s):  
Abraham Risyad Al Faruqi ◽  
Faizal Rahmanto Moeis ◽  
Kurniawati Yuli Ashar
Keyword(s):  
Economic Growth ◽  
Development Strategy ◽  
Growth Trend ◽  
Output Analysis ◽  
Strategy Analysis ◽  
Alternative Source ◽  
Panel Data Regression ◽  
Tourism Sector ◽  
Tourism Resources ◽  
Industry Sectors

The economic condition of East Java has been good lately by consistently having economic growth above the national economic growth and consistently contributing above 14% of Indonesia’s GDP from 2011 to 2016. However, lately East Java’s economy has slowed down due to the slowing down of its main industry sector, which is the manucfacturing sector. Looking by the growth trend that continues to increase, the tourism sector is considered to be a promising sector as an alternative source of economic growth in East Java. Other than that, to consider tourism sector as an alternative source of growth, we must see the linkage of the tourism sector to other industry sectors. This will be proven by using the Input-Output Analysis and the tourism sector is proven to have a wide linkage to other industry sectors. The strategy analysis of the development of tourism sector as a growth alternative source is continued by using the panel data regression with model developed by Joshi, Pouydal, & Larson (2017) with the study case of 30 provinces in Indonesia from the year 2010-2015. This analysis will also be linked to the model of tourism multiplier. Based on the analysis, there are 3 strategies for the development of tourism sector, which is increasing the conducive socioeconomic conditions, development of tourism infrastructure, and development of tourism resources.

scholarly journals Sectoral capabilities and productive structure: An input-output analysis of the key sectors of the Brazilian economy

2016 ◽  
Vol 36 (3) ◽  
pp. 470-492 ◽  
Author(s):  
NELSON MARCONI ◽  
IGOR L. ROCHA ◽  
GUILHERME R. MAGACHO
Keyword(s):  
Economic Growth ◽  
Development Strategy ◽  
Production Structure ◽  
Input Output ◽  
Output Analysis ◽  
Key Sectors ◽  
The Subject ◽  
Mineral Commodities ◽  
Linkage Effects

ABSTRACT: The complex relationship between production structure and economic growth has been the subject of considerable debate among Brazilian economists. This debate became especially relevant after the 2000s, when Brazil experienced a period of growth from the rise of commodity exports, which contrasted with the stagnation observed in the previous two decades. To analyse the capacity of commodity exports to generate long-term economic growth, this paper assesses this sector's performance and its effects on related sectors in the upstream supply chain through input-output tables. These analyses lead to two main conclusions. First, expansion of agricultural and mineral commodities production exhibited little capacity to boost the economy because they have the lowest linkage indices. Second, the analysis of the Brazilian production structure demonstrated that sectors related to manufacturing can stimulate other sectors, such as sophisticated services, because of their high linkage effects on other sectors. This study also demonstrates that a development strategy should take benefit of comparative advantages in order to reach a structural change oriented toward expanding manufacturing.

Tourism Perspectives and Potential among BRIC Nations

2017 ◽  
pp. 117-136
Author(s):  
Vikrant Kaushal ◽  
Suman Sharma
Keyword(s):  
Economic Growth ◽  
Second World War ◽  
World War ◽  
Unesco World Heritage ◽  
World Heritage Sites ◽  
Heritage Sites ◽  
Tourism Sector ◽  
Tourism Resources ◽  
Tourism Potential ◽  
Second World

Culmination of Second World War more than half a century back was typically characterised by the economic growth and prominence that several western countries achieved. However, the much anticipated shift in the focus is expected to occur in coming decades and the group of countries, popularly known as the BRICs is speculated to emerge stronger in the race of economic dominance. This chapter is a work on BRICs and discusses about the partner countries with attention on the tourism sector. Given the limitation of any chapter in presenting comprehensive perspective, this work briefly, yet judiciously muses over tourism performance and viewpoints, economic highlights of BRIC member countries and to substantiate on the tourism potential in terms of major tourism resources the discussion has been limited to prominent UNESCO World Heritage Sites among the BRIC nations.

scholarly journals Cointegration Analysis of Tourism Sector, Inflation, Interest Rate and Economic Growth in a Special Autonomy Region of Aceh Province, Indonesia

2021 ◽  
pp. 216-221
Author(s):  
Dzakiyy Hadiyan Achyar ◽  
Dedi Budiman Hakim
Keyword(s):  
Economic Growth ◽  
Interest Rate ◽  
Cointegration Analysis ◽  
Growth Trend ◽  
Long Run ◽  
Tourism Sector ◽  
Integration Test ◽  
Augmented Dickey Fuller ◽  
Aceh Province ◽  
Relationship Of

This study is aimed at examining the cointegration relationship of tourism spending, inflation, interest rate, and economic growth. In addition, the correction measure is conducted to measure the tourism spending, inflation, interest rate, and economic growth trend are sustainable in Special Autonomy Province of Aceh, Indonesia between 1990 - 2019. Data from Indonesian Statistics Agency and Central Bank of Indonesia was used in this study. Johansen integration test figures out long run equilibrium of the analysed variables. Augmented Dickey Fuller test figures out that all variables are stationary at first difference. The result provides the evidence that there is one cointegrating relationship maintained. The result shows the long-term relationship of economic growth, tourism spending, inflation, and interest rate, where the null hypothesis is rejected with a statistical trace, and one vector equation co-integrates with the Max-Eigen statistical. This study recommends that policymakers should maintain low rate of inflation and constant level of interest rate.

scholarly journals Silangit Airport Development Strategy In Supporting Improved Economic Growth Of Tourism Sector In North Sumatra

2019 ◽  
Vol 2 (2) ◽  
Author(s):  
Ihsan Effendi ◽  
Lubis Musika ◽  
Ahmad Rizki Harahap
Keyword(s):  
Economic Growth ◽  
Linear Regression ◽  
Hypothesis Testing ◽  
Multiple Linear Regression ◽  
Development Strategy ◽  
Statistical Methods ◽  
Significant Influence ◽  
Significance Level ◽  
Tourism Sector ◽  
North Sumatra

This study aims to demonstrate Silangit empires on airport development in supporting economic growth in the tourism sector in the region of northern Sumatra. Factors to be variable in this study is the number of carriers, the number of tourists, the number of unemployed and the rate of economic growth. The statistical methods used in this research is multiple linear regression with a significance level of 5%. Based on the results of hypothesis testing can be concluded that the number of an airline, the number of tourists and the number of unemployed can be a positive and significant influence on economic growth. next to the strategies used in the development of Silangit airport is to increase the rating, Services.

scholarly journals Determining Factors Affecting the Interest in Investment in Bulukumba Area of South Sulawesi

2020 ◽  
Vol 55 (1) ◽  
Author(s):  
Haeruddin Saleh ◽  
Herminawati Abubakar ◽  
Seri Suriani
Keyword(s):  
Economic Growth ◽  
Development Strategy ◽  
Regional Economic Growth ◽  
Regional Economic ◽  
Community Culture ◽  
Factors Affecting ◽  
Descriptive Research ◽  
South Sulawesi ◽  
Tourism Sector ◽  
Qualitative Descriptive

The natural resources in Bulukumba district are readily available, but they are not optimally managed. Thus, the current economic growth of 5.05% is not high compared to other areas in South Sulawesi. Therefore, there is a need to increase the regional economic growth investment from both domestic and overseas sources. The purpose of this research is to determine the potential of the area and decide how the policy for supporting investments and strategies can be done to improve investment in the region. This research, using qualitative descriptive research methods, is a study conducted to determine the value of self-variables, either one or more variables (independent) without making comparisons or linking them with other variables.Qualitative research is a systematic scientific study of the parts and phenomena. The research results are known to the potential area with high competitiveness consisting of the agricultural, fisheries, and tourism sectors. The tourism sector is one of the flagships owned by Bulukumba. There are some tourism products that are superior to the area that are not owned by other regions such as the craft of “Phinisi” boat making as a product of the community culture and the culture of "amma toa" in kajang that has not been well managed. Bulukumba can be developed with clear rules so investors can enter and cultivate potential there in order for it to increase regional economic growth to a rate of 7.5%. Moreover, investment development strategy is the provision of convenience in terms of business licenses and the promotion of the area’s potential using technology.

scholarly journals THE DEVELOPMENT STRATEGY OF LAKE KELIMUTU TOURIST ATTRACTION IN ENDE REGENCY

2019 ◽  
Vol 4 (2) ◽  
pp. 188 ◽  
Author(s):  
Selfiyah Karimah ◽  
H Hastuti
Keyword(s):  
Economic Growth ◽  
Development Strategy ◽  
Local Community ◽  
Dynamic Panel Data ◽  
Tourist Attraction ◽  
Economic Management ◽  
Crater Lakes ◽  
Management Culture ◽  
Tourism Sector ◽  
The Impact

The purpose of this study is to analyze the potential and the development of Lake Kelimutu tourist attraction in Ende Regency. The data were collected through observation, documentation, and interviews with stakeholders, such as the Kelimutu National Park Office, Government Tourism Office, Community, and Visitors. The data was then analyzed descriptively for later determined of its development strategies using SWOT. The results of the study showed that the potential of Lake Kelimutu tourist attraction, besides the uniqueness of the three crater lakes, is also a diversity of flora and fauna, and it was concluded that the appropriate alternative strategy for developing Lake Kelimutu tourist attraction was the S-O strategy (strength and opportunity), they are: creating an integrated tourist package marketing strategy for natural and cultural tourism, using various existing social media to promote the uniqueness of the ever-changing colors of the lake, working with various travel agents to provide special discounts or special services for tourists, and creating special transport routes to Lake Kelimutu from Ende. Keywords: potential, development strategy, tourist site, Lake Kelimutu. References Bunghez, C.L. (2016). The Importance of Tourism to a Destination’s Economy. Journal of Eastern Europe Research in Business & Economics, 1-9. Damanik & Weber. (2006). Perencanaan Pariwisata: Dari Teori ke Aplikasi. Yogyakarta: Andi. Engelhard. (2005). Culturally and Ecologically Sustainable Tourism Development through Local Community Management. Culture and Sustainable Development in the Pacific: ANU Press. Fandeli, C. (2002). Perencanaan Kepariwisataan Alam. Yogyakarta: Fakultas Kehutanan Universitas Gadjah Mada. Gaol, H.L. (2014). Potensi Pariwisata Danau Tiga Warna Gunung Kelimutu dan Usaha Kerajinan Kain Tenun Lio Sebagai Atraksi Wisata. JDP, 1(1),31-50. Ismayanti. (2010). Pengantar Pariwisata. Jakarta: PT Gramedia Widisarana Indonesia. Kruja, A. (2012). The Impact of Tourism Sector Development in the Albanian Economy. Economia Seria Management, 15(1), 204-218. Marpaung, H. (2000). Pengetahuan Kepariwisataan. Bandung: Alfabeta. Mohammed, Guellil, Moestefa, Belmokaddem, Mohammed, Sahraoui.(2015). Tourism Spending-Economic Growth Causality in 49 Countries: A Dynamic Panel Data Approach. 2nd Global Conference on Business, Economic, Management and Tourism, 1613-1623. Moleong, J.L. (2007). Metodologi Penelitian Kualitatif (Rev. ed.). Bandung: Remaja Rosdakarya. Pendit, S.N. (1999). Ilmu Pariwisata Sebuah Pengantar Perdana. Jakarta: PT. Pradnya Paramita. Pitana, I Gede & Diarta, I Ketut Surya (2008). Pariwisata sebagai Disiplin Ilmu yang Mandiri. Badan Pengembangan Sumber Daya, Departemen Kebudayaan dan Pariwisata. Rangkuti, F. (2008). Teknik Mengukur dan Strategi Meningkatkan Kepuasan Pelanggan. Jakarta: PT Gramedia Pustaka Utama. Soekadijo. (2000). Anatomi Pariwisata. Jakarta: PT Gramedia Pustaka Utama. Sugiyono. (2013). Metode Penelitian Kombinasi (Mixed Methods). Bandung: Alfabeta. Sukmadinata. (2008). Metode Penelitian Pendidikan. Bandung: Remaja Rosdakarya. Tabash, M.I. (2017). The Role of Tourism Sector in Economic Growth: An Empirical Evidence from Palestine. International Journal of Economic and Financial Issues, 7(2), 103-108. Weiler, B.,& Hall, M.C. (1992). Special Interest Tourism.New York& Toronto: Halsted Press. Yoeti, O.A. (2008). Ekonomi Pariwisata: Introduksi, Informasi, dan Aplikasi.Jakarta: Kompas. Copyright (c) 2019 Geosfera Indonesia Journal and Department of Geography Education, University of Jember This work is licensed under a Creative Commons Attribution-Share A like 4.0 International License

Russian low carbon development strategy

2020 ◽  
pp. 51-74
Author(s):  
I. A. Bashmakov
Keyword(s):  
Economic Growth ◽  
Development Strategy ◽  
Low Carbon ◽  
Security Risk ◽  
Ghg Emission ◽  
Emission Mitigation ◽  
Russian Economy ◽  
The Russian Federation ◽  
Scenario Projections

The article presents the key results of scenario projections that underpinned the Strategy for long-term low carbon economic development of the Russian Federation to 2050, including analysis of potential Russia’s GHG emission mitigation commitments to 2050 and assessment of relevant costs, benefits, and implications for Russia’s GDP. Low carbon transformation of the Russian economy is presented as a potential driver for economic growth that offers trillions-of-dollars-worth market niches for low carbon products by mid-21st century. Transition to low carbon economic growth is irreversible. Lagging behind in this technological race entails a security risk and technological backwardness hazards.

FAKTOR FAKTOR YANG MEMPENGARUHI PRODUK DOMESTIK BRUTO NEGARA-NEGARA ASEAN PERIODE 2005-2014

2017 ◽  
Vol 22 (1) ◽  
pp. 23-29
Author(s):  
Leorista Milliardo
Keyword(s):  
Economic Growth ◽  
Analytical Tool ◽  
Panel Regression ◽  
Estimation Model ◽  
Process Data ◽  
Factors Affecting ◽  
Goods And Services ◽  
Asean Member ◽  
Tourism Sector ◽  
Asean Countries

This study was conducted with the aim of identifying the factors affecting economic growth in ASEAN member countries during the period of 2005 - 2014, with the countries sampled in this study were six countries namely Indonesia, Singapore, Malaysia, Thailand, Philippines, Vietnam, Cambodia and Laos. The method of analysis used is the method of Data Panel Regression and Fixed Efect estimation model by using analytical tool to help process data is Eviews 7 program. While data used is panel data from eight ASEAN countries covering 10 year periods. The result of analysis shows that the acceptance of International Tourism Sector and Foreign Direct Investment has positive and significantinfluenceto the economic growth in eight ASEAN countries while the Labor Force is inconclusive. The study also found that Export of Goods and Services had a negative and significanteffect on economic growth.

The Development of Agritourism in the Podkarpackie Voivodeship in the Light of International and National Conditions

2017 ◽  
Vol 13 ◽  
pp. 244-261
Author(s):  
Mariola Tracz ◽  
Małgorzata Bajgier-Kowalska ◽  
Radosław Uliszak
Keyword(s):  
Development Strategy ◽  
Current State ◽  
Central Statistical ◽  
Central Statistical Office ◽  
Tourism Resources ◽  
The One ◽  
The Impact ◽  
District Offices ◽  
Socio Economic Factors

Podkarpackie Voivodeship is one of the regions of Poland in which the number of agritourism entities is very high. Therefore tourism plays a significant role in its development strategy. The aim of the paper is to identify the current state of agritourism and the changes that have occurred in the region in the years 2000–2016. Specific objectives are to determine the distribution of agritourism farms and their offer, together with a comprehensive analysis of the environmental and socio-economic factors, as well as the impact of the Slovak-Ukrainian border. The report was developed on the statistical materials from the Polish Central Statistical Office, Podkarpackie Agricultural Advisory Centre in Boguchwała and data collected from municipalities and district offices that is published on their websites, as well as through interviews with 100 owners of agritourism farms in the Podkarpackie Voivodeship. The research has shown, on the one hand, the decline in the number of farms in the region and, on the other hand, the increase in the diversity of the tourist offer of these entities. Distribution of agritourism farms is closely linked to the attractiveness of natural environment and quality of secondary tourism resources. Traditional agritourism has not yet fully used its countryside, as well as cross-border advantages of its location.

Problems Of Investment Attractiveness In The Economy Of Uzbekistan

GIS Business ◽  
2020 ◽  
Vol 15 (1) ◽  
pp. 241-245
Author(s):  
Khamrakulova O.D. ◽  
Bektemirov A.B.
Keyword(s):  
Economic Growth ◽  
Development Strategy ◽  
Private Property ◽  
Economic Reforms ◽  
The State ◽  
Structural Reforms ◽  
The Development Strategy ◽  
Macroeconomic Stability

The deepening of economic reforms in Uzbekistan is closely linked to the strengthening of macroeconomic stability and the maintenance of high rates of economic growth and competitiveness, the continuation of institutional and structural reforms to reduce the presence of the State in the economy, and the further strengthening of the protection of rights and the priority role of private property, as reflected in the Development Strategy for 2017-2021.

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