The Effect of Visitor Export, International Tourist Arrival, Foreign Direct Investment, and Labor on Economic Growth in ASEAN in 2010-2022
This study seeks to investigate the impact of tourism factors on economic growth, specifically international tourist arrivals (ITA), visitor exports, foreign direct investment (FDI), labor, and COVID-19 as a dummy variable in ASEAN from 2010 to 2022, both partially and simultaneously. The dependent...
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Universitas Airlangga, Departemen Ilmu Ekonomi Fakultas Ekonomi dan Bisnis
2024-12-01
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| Series: | JIET (Jurnal Ilmu Ekonomi Terapan) |
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| Online Access: | https://e-journal.unair.ac.id/JIET/article/view/62521 |
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| author | Widya Sylviana Rosa Dewi Puspita |
| author_facet | Widya Sylviana Rosa Dewi Puspita |
| author_sort | Widya Sylviana |
| collection | DOAJ |
| description | This study seeks to investigate the impact of tourism factors on economic growth, specifically international tourist arrivals (ITA), visitor exports, foreign direct investment (FDI), labor, and COVID-19 as a dummy variable in ASEAN from 2010 to 2022, both partially and simultaneously. The dependent variable in this study is the Gross Domestic Product (GDP) value. The independent variables are international tourist arrivals (ITA), visitor exports, FDI, labor, and COVID-19 as dummy variables. This study utilized dynamic panel data regression using the Generalized Method of Moments (GMM). The selected model is the System Generalized Method of Moments (SYS-GMM). The findings of this study demonstrate that all independent variables collectively exert a significant influence on economic growth across the 10 ASEAN nations. In contrast, foreign direct investment and labor considerably impact economic growth in ten ASEAN nations. In contrast, partially, international tourist arrivals, visitor exports, and the COVID-19 dummy variable have no influence. |
| format | Article |
| id | doaj-art-5b5fa958909949859de05fa735865396 |
| institution | OA Journals |
| issn | 2541-1470 2528-1879 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | Universitas Airlangga, Departemen Ilmu Ekonomi Fakultas Ekonomi dan Bisnis |
| record_format | Article |
| series | JIET (Jurnal Ilmu Ekonomi Terapan) |
| spelling | doaj-art-5b5fa958909949859de05fa7358653962025-08-20T02:38:17ZengUniversitas Airlangga, Departemen Ilmu Ekonomi Fakultas Ekonomi dan BisnisJIET (Jurnal Ilmu Ekonomi Terapan)2541-14702528-18792024-12-019233033910.20473/jiet.v9i2.6252160688The Effect of Visitor Export, International Tourist Arrival, Foreign Direct Investment, and Labor on Economic Growth in ASEAN in 2010-2022Widya Sylviana0https://orcid.org/0000-0002-3689-4021Rosa Dewi Puspita1Department of Economics, Faculty of Economics and Business, Universitas Airlangga, Surabaya, IndonesiaDepartment of Economics, Faculty of Economics and Business, Universitas Airlangga, Surabaya, IndonesiaThis study seeks to investigate the impact of tourism factors on economic growth, specifically international tourist arrivals (ITA), visitor exports, foreign direct investment (FDI), labor, and COVID-19 as a dummy variable in ASEAN from 2010 to 2022, both partially and simultaneously. The dependent variable in this study is the Gross Domestic Product (GDP) value. The independent variables are international tourist arrivals (ITA), visitor exports, FDI, labor, and COVID-19 as dummy variables. This study utilized dynamic panel data regression using the Generalized Method of Moments (GMM). The selected model is the System Generalized Method of Moments (SYS-GMM). The findings of this study demonstrate that all independent variables collectively exert a significant influence on economic growth across the 10 ASEAN nations. In contrast, foreign direct investment and labor considerably impact economic growth in ten ASEAN nations. In contrast, partially, international tourist arrivals, visitor exports, and the COVID-19 dummy variable have no influence.https://e-journal.unair.ac.id/JIET/article/view/62521tourismeconomic growthitavisitor exportgmm |
| spellingShingle | Widya Sylviana Rosa Dewi Puspita The Effect of Visitor Export, International Tourist Arrival, Foreign Direct Investment, and Labor on Economic Growth in ASEAN in 2010-2022 JIET (Jurnal Ilmu Ekonomi Terapan) tourism economic growth ita visitor export gmm |
| title | The Effect of Visitor Export, International Tourist Arrival, Foreign Direct Investment, and Labor on Economic Growth in ASEAN in 2010-2022 |
| title_full | The Effect of Visitor Export, International Tourist Arrival, Foreign Direct Investment, and Labor on Economic Growth in ASEAN in 2010-2022 |
| title_fullStr | The Effect of Visitor Export, International Tourist Arrival, Foreign Direct Investment, and Labor on Economic Growth in ASEAN in 2010-2022 |
| title_full_unstemmed | The Effect of Visitor Export, International Tourist Arrival, Foreign Direct Investment, and Labor on Economic Growth in ASEAN in 2010-2022 |
| title_short | The Effect of Visitor Export, International Tourist Arrival, Foreign Direct Investment, and Labor on Economic Growth in ASEAN in 2010-2022 |
| title_sort | effect of visitor export international tourist arrival foreign direct investment and labor on economic growth in asean in 2010 2022 |
| topic | tourism economic growth ita visitor export gmm |
| url | https://e-journal.unair.ac.id/JIET/article/view/62521 |
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