TOURISM AND ECONOMIC GROWTH OF BANGKA BELITUNG ISLANDS PROVINCE, INDONESIA

Devi Valeriani, Valeri and Didik, Susetyo and Bernadette, Robiani and Suhel, Suhel (2017) TOURISM AND ECONOMIC GROWTH OF BANGKA BELITUNG ISLANDS PROVINCE, INDONESIA. Journal of Economics and Finance (IOSR-JEF), 8 (4). pp. 54-59. ISSN 2321-5933

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Abstract

Tourism sector in Indonesia becomes superior or main sector despite agricultural and marine sector. Bangka Belitung Islands Province is one province in Indonesia develops tourism sector after several decades relied on tin commodity. Commitment of regional government to develop tourism sector seen from the increase of expenditure budget allocation of infrastructures and goods for eleven years period. The increase number of hotel, restaurant, and tourism area in the tourism development becomes one indicator towards the improvement of private role. This research analyzed infrastructure expenditure, goods and service expenditure, business unit, private investment, also tourism labor to the economic growth. Data used in this research was panel data with time series data for eleven years period (2005-2015) and cross section data from seven regencies/cities in Bangka Belitung Province. This research was conducted using multiple linear regression analyzed with Ordinary Least Square (OLS) method. Partial test in this research showed that goods-service expenditure and tourism business unit had no effect to the economic growth, while infrastructure expenditure affected negatively and private investment as well as labor affected positively to the economic growth. It means that the development of tourism sector should be focused on the efforts of infrastructure expenditure, promotion expenditure, and tourism business optimization in order to improve economic growth of Bangka Belitung Province in the future.

Item Type: Article
Uncontrolled Keywords: Economic Growth, Infrastructure Expenditure, Goods-Service Expenditure, Business Unit, Private Investment, Tourism Labor
Subjects: H Social Sciences > HC Economic History and Conditions > HC10-1085 Economic history and conditions
Divisions: 01-Faculty of Economics > 60201-Development Economics (S1)
Depositing User: Dr Suhel Suhel
Date Deposited: 26 Apr 2023 00:23
Last Modified: 26 Apr 2023 00:23
URI: http://repository.unsri.ac.id/id/eprint/96691

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