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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Main Author: Mariyono, Joko
Format: UMS Journal (OJS)
Language:eng
Published: Muhammadiyah University Press 2017
Subjects:
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
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publisher Muhammadiyah University Press
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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