Tourism and Economic Growth of Bangka Belitung Islands Province, Indonesia

Susetyo, Didik (2017) Tourism and Economic Growth of Bangka Belitung Islands Province, Indonesia. IOSR Journal of Economics and Finance, 8 (4). pp. 54-59. ISSN 2321-5925

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Abstract

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
Subjects: H Social Sciences > HB Economic Theory > HB71-74 Economics as a science. Relation to other subjects
Divisions: 01-Faculty of Economics > 60001-Economics (S3)
Depositing User: Prof. Dr. Didik Susetyo, SE., MSi
Date Deposited: 09 May 2023 14:11
Last Modified: 09 May 2023 14:11
URI: http://repository.unsri.ac.id/id/eprint/98875

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