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

Djunarto (), Heru Subiyantoro, Sutrisno and Vivi Lusia
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Djunarto: Universitas Borobudur, Doctorate in Economics
Heru Subiyantoro: Universitas Borobudur, Doctorate in Economics
Sutrisno: Universitas Borobudur, Doctorate in Economics
Vivi Lusia: Universitas Borobudur, Doctorate in Economics

A chapter in Proceedings of the 7th Global Conference on Business, Management, and Entrepreneurship (GCBME 2022), 2024, pp 285-290 from Springer

Abstract: 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.

Keywords: Economic Growth; Tourism Sector; New Normal (search for similar items in EconPapers)
Date: 2024
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DOI: 10.2991/978-94-6463-234-7_27

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