Determinants of Demand for Foreign Tourism in Indonesia
This study aims to analyze the determinants of foreign tourists visiting Indonesia. Tourism sector is important in Indonesian economy because it is one of potential sources of foreign exchange and promotes economic growth. Decrease in number of domestic tourists is not as important as foreign ones s...
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Format: | UMS Journal (OJS) |
Language: | eng |
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Muhammadiyah University Press
2017
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Online Access: | https://journals.ums.ac.id/index.php/JEP/article/view/2042 |
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author | Mariyono, Joko |
author_facet | Mariyono, Joko |
author_sort | Mariyono, Joko |
collection | OJS |
description | This study aims to analyze the determinants of foreign tourists visiting Indonesia. Tourism sector is important in Indonesian economy because it is one of potential sources of foreign exchange and promotes economic growth. Decrease in number of domestic tourists is not as important as foreign ones since the later can be a potential source of foreign exchange. Model of travel cost demand for tourism is estimated using panel data, consisting of 34 countries across the globe during 2004-2013. Data were compiled from Indonesian Statistical Agency and the World Bank database. The result shows that distance is a one of significant factors that reduces the number of foreign tourists coming to Indonesia. Bomb attack reduced the number of foreign tourists. Tourists from western and ASEAN countries were more likely to visit Indonesia than others. Indonesian policy should guarantee with security to tourists to attract more arrivals |
format | UMS Journal (OJS) |
id | oai:ojs2.journals.ums.ac.id:article-2042 |
institution | Universitas Muhammadiyah Surakarta |
language | eng |
publishDate | 2017 |
publisher | Muhammadiyah University Press |
record_format | ojs |
spelling | oai:ojs2.journals.ums.ac.id:article-2042 Determinants of Demand for Foreign Tourism in Indonesia Mariyono, Joko Indonesian tourism sector; foreign tourists; demand for tourism, travel cost model, bomb attacks. O24; J23; R41; Z32 This study aims to analyze the determinants of foreign tourists visiting Indonesia. Tourism sector is important in Indonesian economy because it is one of potential sources of foreign exchange and promotes economic growth. Decrease in number of domestic tourists is not as important as foreign ones since the later can be a potential source of foreign exchange. Model of travel cost demand for tourism is estimated using panel data, consisting of 34 countries across the globe during 2004-2013. Data were compiled from Indonesian Statistical Agency and the World Bank database. The result shows that distance is a one of significant factors that reduces the number of foreign tourists coming to Indonesia. Bomb attack reduced the number of foreign tourists. Tourists from western and ASEAN countries were more likely to visit Indonesia than others. Indonesian policy should guarantee with security to tourists to attract more arrivals Muhammadiyah University Press 2017-07-31 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf https://journals.ums.ac.id/index.php/JEP/article/view/2042 10.23917/jep.v18i1.2042 Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan; Vol 18, No 1 (2017): JEP 2017; 82-92 2460-9331 1411-6081 eng https://journals.ums.ac.id/index.php/JEP/article/view/2042/3175 Copyright (c) 2017 Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan https://creativecommons.org/licenses/by/4.0 |
spellingShingle | Indonesian tourism sector; foreign tourists; demand for tourism, travel cost model, bomb attacks. O24; J23; R41; Z32 Mariyono, Joko Determinants of Demand for Foreign Tourism in Indonesia |
title | Determinants of Demand for Foreign Tourism in Indonesia |
title_full | Determinants of Demand for Foreign Tourism in Indonesia |
title_fullStr | Determinants of Demand for Foreign Tourism in Indonesia |
title_full_unstemmed | Determinants of Demand for Foreign Tourism in Indonesia |
title_short | Determinants of Demand for Foreign Tourism in Indonesia |
title_sort | determinants of demand for foreign tourism in indonesia |
topic | Indonesian tourism sector; foreign tourists; demand for tourism, travel cost model, bomb attacks. O24; J23; R41; Z32 |
topic_facet | Indonesian tourism sector; foreign tourists; demand for tourism, travel cost model, bomb attacks. O24; J23; R41; Z32 |
url | https://journals.ums.ac.id/index.php/JEP/article/view/2042 |
work_keys_str_mv | AT mariyonojoko determinantsofdemandforforeigntourisminindonesia |