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Factors Affecting the Tourism Sector and Implications for Economic Growthin the New Normal Era

In: Proceedings of the 7th Global Conference on Business, Management, and Entrepreneurship (GCBME 2022)

Author

Listed:
  • Djunarto

    (Universitas Borobudur, Doctorate in Economics
    Universitas Jakarta)

  • Heru Subiyantoro

    (Universitas Borobudur, Doctorate in Economics)

  • Sutrisno

    (Universitas Borobudur, Doctorate in Economics)

  • Vivi Lusia

    (Universitas Borobudur, Doctorate in Economics)

Abstract

The purpose of this study was to determine the factors that influence the acceleration of increasing Indonesia’s economic growth through the tourism sector, with the dependent variable being Per capita Income, Creative Economy, Infrastructure, Investment, and Tourism Objects. The research method used is the research data method used quantitatively with the data source used is secondary data with a ratio scale with this research data taken from several sources, namely the World Bank, CEIC Data, United Nations Data/UN Data, Statistic, International Monetary Fund. The results of the study show that all variables of Per capita Income, Creative Economy, Infrastructure, Investment, and Tourism Objects affect the tourism sector (model 1); creative Economy, Infrastructure, Investment, and Tourism Objects affect the tourism sector and its implications for economic growth (model 2) and the tourism sector affects economic growth (model 3) is accepted and has an effect on increasing Indonesia’s economic growth as a step in the new normal era.

Suggested Citation

  • Djunarto & Heru Subiyantoro & Sutrisno & Vivi Lusia, 2024. "Factors Affecting the Tourism Sector and Implications for Economic Growthin the New Normal Era," Advances in Economics, Business and Management Research, in: Ratih Hurriyati & Lili Adi Wibowo & Ade Gafar Abdullah & Sulastri & Lisnawati & Yusuf Murtadlo (ed.), Proceedings of the 7th Global Conference on Business, Management, and Entrepreneurship (GCBME 2022), pages 285-290, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-234-7_27
    DOI: 10.2991/978-94-6463-234-7_27
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    Cited by:

    1. Mehtap Özenen-Kavlak & Cemre Korkmaz & Halil Duymuş & Alper Çabuk & Taki Can Metin & Ceren Özcan Tatar & Yalçın Öztürk & Talha Aksoy & Özlem Erdoğan & Mustafa Cevdet Altunel & Emine Günok, 2025. "Post-earthquake spatial analysis of tourism infrastructure: the Adıyaman, Türkiye case," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 121(19), pages 22459-22485, December.

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