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Rusman Heriawan
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The Economic Impact of International Tourism on the Indonesian Economy Adi Lumaksono; D.S. Priyarsono; Kuntjoro .; Rusman Heriawan
Forum Pasca Sarjana Vol. 35 No. 1 (2012): Forum Pascasarjana
Publisher : Forum Pasca Sarjana

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Abstract

Tourism has played an important role in the Indonesian economy especially inbound tourists which give foreign exchange earnings. On the other hand, outbound tourists bring dollars outside Indonesia. It will have an impact on tourism balance which is still surplus in the case of Indonesia. This study finds that the surplus of tourism balance tends to decrease. By using econometric models, this study also identifies  the variables which influence inbound and outbound tourists both the number of arrival/departure and their average expenditure per visit. GDP was the most influencing variable. Simulation will be applied to identify the impacts of policy on the flow of foreign exchange through international tourism. The results of this simulation will be used to analyze  the economic impact of inbound tourists by using Input-Output Model. It shows that exchange rate will give higher impact compared to the other variables.  Key words: inbound-outbound tourist, tourism balance, economic impact, econometric model, input-output analysis
Co-Authors Adi Lumaksono Dominicus Savio Priyarsono Kuntjoro .