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The Influence of the Tourism Sector and Local Revenue on Economic Growth in Bali

In: Proceedings of the International Conference on Economics and Business Studies (ICOEBS-22-2)

Author

Listed:
  • Zulfikar Husein

    (Universitas Muhammadiyah Surakarta, Faculty of Economics and Business)

  • Siti Aisyah

    (Universitas Muhammadiyah Surakarta, Faculty of Economics and Business)

Abstract

This study aims to determine the effect of the number of foreign tourists, local revenue, and the number of accommodations on economic growth in Bali Province in the 2017–2021 period in nine (9) regencies/cities. The technique used is a quantitative approach with panel data regression technique with a Fixed Effect Model (FEM) using Eviews 10 software. The results show that the number of foreign tourists and local income significantly affect economic growth in Bali Province. It is hoped that policymakers will continue to improve the tourism sector. They need to improve and add transportation and local facilities to make tourists feel at home and want to return to Bali Province and promote the tourism sector to support economic growth in Bali Province.

Suggested Citation

  • Zulfikar Husein & Siti Aisyah, 2024. "The Influence of the Tourism Sector and Local Revenue on Economic Growth in Bali," Advances in Economics, Business and Management Research, in: Huda Maulana & Muhammad Sholahuddin & Muhammad Anas & Zulfikar Zulfikar (ed.), Proceedings of the International Conference on Economics and Business Studies (ICOEBS-22-2), pages 982-990, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-204-0_80
    DOI: 10.2991/978-94-6463-204-0_80
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