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All Journal Jurnal Ekonomi & Studi Pembangunan JURNAL EKONOMI DAN BISNIS AIRLANGGA Jurnal Ekonomi dan Bisnis Islam Jurnal Pengabdian Masyarakat Bumi Raflesia Journal of Islamic Economic and Business Research Musyarakah: Journal of Sharia Economics (MJSE) An-Nisbah: Jurnal Ekonomi Syariah
Munifatussaidah, Asma
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Tourism receipts of intra-OIC countries: An empirical study of macroeconomic factors and technology adoption Munifatussaidah, Asma; Prawoto, Nano; Febriandika, Nur Rizqi
Jurnal Ekonomi & Studi Pembangunan Vol. 26 No. 2: October 2025
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jesp.v26i2.28772

Abstract

Tourism is one of the primary sources of income for many OIC countries and is becoming increasingly vital for economic growth. This study explores how macroeconomic factors, trade, inflation, exchange rates, and technology adoption relate to intra-OIC tourism receipts. It employs a quantitative approach to analyze 34 member countries of the Organization of Islamic Cooperation (OIC), selected through purposive sampling. The data are analyzed using panel data regression. Prior cross-country studies rarely focus specifically on intra-OIC tourism receipts and seldom examine macroeconomic and technology variables together. The results indicate that trade, the exchange rate, and information technology adoption each have a positive and significant impact on intra-OIC tourism receipts. Meanwhile, inflation has no impact on intra-OIC tourism revenues. This paper contributes to the literature by focusing specifically on intra-OIC tourism receipts and analyzing macroeconomic and technology variables. The findings suggest that adopting trade policies, managing exchange rates, and utilizing information technology can boost intra-OIC tourism receipts. Policies that promote intra-OIC trade and mobility—by improving connectivity, expanding e-visa access, accelerating digital adoption in payments and broadband, and maintaining exchange-rate stability—can help increase intra-OIC tourism receipts.
Co-Authors Adi Nugroho, Dimas Agustin, Martalia Susantiana Arbi, Dion Saputra Ari Prasetyo Arqom Kuswanjono Bachtiar Dwi Kurniawan, Bachtiar Dwi Dwi Kurniawan, Bachtiar Muhamad Nafik Hadi Ryandono, Muhamad Nafik Nano Prawoto Ningsih, Lita Ayudha Nur Rizqi Febriandika Nurrahmaningsih, Fauziah Resiana, Rani Surya Zahara, Jihan Nabila Zein, Fuad