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The Determinants of Tourism Industry Competitiveness in Asean Countriesfor the Period 2019-2024 Fransiskus Handoko; Heru Subiyantoro; Pudji Astuty
Jurnal Ekonomi, Teknologi dan Bisnis Vol. 5 No. 7 (2026): Jurnal Ekonomi, Teknologi dan Bisnis
Publisher : Al-Makki Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.57185/sd1wfh55

Abstract

The tourism industry is a pivotal economic sector for ASEAN countries, significantly contributing to regional GDP and employment. However, the competitiveness of tourism industries across the region has shown considerable variation between 2019 and 2024, influenced by divergent recovery paths from the COVID-19 pandemic and differing national capacities in infrastructure and policy. This study aims to analyze the influence of Tourism Infrastructure, Price Competitiveness, Tourism Policy, and Business Conditions on the competitiveness of the tourism industry in ASEAN countries. The research employed a quantitative approach using panel data regression analysis. The sample covers 10 ASEAN member countries observed annually from 2019 to 2024, with data primarily sourced from the World Economic Forum's Travel & Tourism Development Index (TTDI) and other international databases. The results of the panel data regression indicate that Tourism Infrastructure, Price Competitiveness, Tourism Policy, and Business Conditions collectively have a significant and positive effect on the competitiveness of the tourism industry in the region. Partially, each independent variable also demonstrates a significant positive influence. These findings suggest that improvements in physical infrastructure, attractive pricing, supportive government policies, and a conducive business environment are key determinants in enhancing a nation's tourism competitiveness. The study underscores the necessity for integrated regional strategies and sustained investment in these critical areas to strengthen ASEAN's position as a premier global tourist destination.
Effect Of The Tourism Sector On Economic Growth In Solo Raya, Central Java Province Katno Katno; Heru Subiyantoro
Journal Of Social Science (JoSS) Vol 3 No 7 (2024): JOSS : Journal of Social Science
Publisher : Al-Makki Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.57185/joss.v3i7.340

Abstract

This study expects to examine the impact of vacationer visits, lodging inhabitance rates, and unfamiliar direct speculation (FDI) on the monetary development of Solo Raya from 2013 to 2022. Financial development implies changes in the economy of a district. The exploration uses auxiliary information from 7 locale/urban communities, specifically Surakarta City, Boyolali Rule, Sukoharjo Regime, Karanganyar Rule, Wonogiri Regime, Sragen Rule, and Klaten Regime, handled through board information investigation utilizing the Decent Impact Model (FEM) technique. The consequences of this study show that, to some extent, the quantity of vacationers has a positive and huge relationship with monetary development, lodging inhabitance rates likewise have a positive and critical relationship with financial development, and FDI has a positive and critical relationship with monetary development. Simultaneously, the number of tourist visits, hotel occupancy rates, and FDI collectively influence Economic Growth in the Java Island Province from 2013 to 2022.
Analisis Faktor Yang Mempengaruhi Pertumbuhan Ekonomi dan Dampaknya Terhadap Kesejahteraan Masyarakat Kabupaten di Provinsi Nusa Tenggara Barat (NTB) Sahrudin Sahrudin; Heru Subiyantoro; Yolanda Yolanda
Sosio e-Kons Vol. 18 No. 2 (2026): Sosio e-Kons
Publisher : Universitas Indraprasta PGRI

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30998/sosioekons.v18i2.3625

Abstract

This study analyzes the influence of the Labor Force Participation Rate (TPAK), MSME financing credit, education index, and Domestic Investment (PMDN) on economic growth and its impact on community welfare in districts/cities of West Nusa Tenggara (NTB) Province. The study employs a quantitative approach using panel data from eight districts/cities during the 2015–2024 period. Panel data regression analysis was applied using the Fixed Effect Model (FEM) and Random Effect Model (REM). The findings reveal that TPAK, MSME financing, education index, and PMDN simultaneously have a significant effect on economic growth, with an Adjusted R-Squared value of 61.25%, indicating that these variables are key determinants of regional economic growth. Furthermore, economic growth positively and significantly affects per capita income, suggesting that higher economic growth contributes to improving community welfare. However, the benefits of growth are not yet evenly distributed, indicating the need for more inclusive development policies. In addition, economic growth has a negative and significant effect on the open unemployment rate, meaning that increased economic growth encourages labor absorption. Nevertheless, there are still indications of jobless growth, as economic expansion has not been fully accompanied by optimal job creation. Therefore, improving workforce quality, strengthening MSMEs, enhancing educational quality, and ensuring equitable domestic investment distributiore essential for promoting inclusive and sustainable economic growth in NTB Province.