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All Journal Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Musahal Annaty
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Agriculture, Biological Sciences & Forestry Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Industrial & Manufacturing Engineering Social Sciences

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Analisis Indikator Pariwisata Kota di Jawa Tengah: Peran Kunjungan Wisatawan, PDRB, dan Destinasi Wisata Musahal Annaty; Jeane Talakua
Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah Vol. 7 No. 6 (2025): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/alkharaj.v7i6.8643

Abstract

This study analyzes the determinants of tourism revenue in six cities across Central Java (2015-2023) using fixed-effects panel regression with robust standard errors. Results indicate that tourist visits significantly boost revenue (β=255,540.34; p=0.002), while GRDP and destination quantity show statistically insignificant effects. Spatial disparities dominate, with 76.6% of variance attributed to city-specific heterogeneity (ρ=0.766). The model explains 65.74% of within-city revenue variation (R²_within=0.6574). Policy recommendations prioritize digital promotion, infrastructure equity, and GRDP-tourism synergy. Findings challenge conventional assumptions about short-term macroeconomic impacts on regional tourism.
Co-Authors Jeane Talakua