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Indriasari, Ika
Fakultas Ekonomi Dan Bisnis, Universitas PGRI Semarang, Jawa Tengah
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Journal : Economic Development Analysis Journal

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Are Business Savings a Mediator for Culinary Tourism Development? Sumastuti, Efriyani; Amelia, Dhea Rizky; Indriasari, Ika
Economics Development Analysis Journal Vol 13 No 2 (2024): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/edaj.v13i2.78980

Abstract

Culinary tourism significantly boosts local economies and enriches tourist experiences. This study investigates whether business savings mediate the relationship between financial literacy, profit, and culinary tourism development in Klaten, Central Java, Indonesia. Employing a quantitative approach with a case study design, the research involved 100 culinary business owners as respondents. Data were collected through questionnaires and interviews and analyzed using path analysis with SmartPLS 3.0. The findings reveal that financial literacy and profit influence business savings and culinary tourism development. Furthermore, business savings mediate the relationship between financial literacy, profit, and culinary tourism development. Specifically, higher financial literacy and profits lead to increased business savings, which then facilitate investment in infrastructure, innovation, marketing, and employee training, thereby enhancing the overall development of culinary tourism. These results provide a comprehensive understanding of the financial dynamics driving culinary tourism growth in Klaten. The study's implications include recommendations for policymakers, business owners, and financial institutions to design effective strategies and policies that support the sustainable growth of the culinary tourism sector.
Co-Authors AB Prabowo Adelia Sandra Swastika Putri Adhi, Antono Herry Purnomo Aditya Yusuf Afrida Salfadani Ainun Nafisah, Ainun Amelia, Dhea Rizky Anggi Mirdiyantika Antono Herry Purnomo Adhi Arsika Ndriana, Rescy Ary Susatyo Nugroho Aryan Eka Prastya Nugraha, Aryan Eka Prastya BAYU KURNIAWAN Bayu Kurniawan Cahya Faridatul Umami Dara Aprillia, Mandariska Darmaputra, M Fadjar Darmaputra, Mochamad Fadjar David Firna Setiawan Dhea Rizky Amelia Dian Apradika Kusumawati Dwi Fitriyanto Dwi Nur Aini Efriyani Sumastuti Eko Sumartono, Eko Elfiyana Dianti Endah Rita Sulistya Dewi Eriza Nariyanti Ervina I, Rr Hawik Ervina I, Rr. Hawik Eva Yuliana Putri Febriliantino, Edofahnni Ferina Agustini Ferina Kusuma Fika Ahmad Fitri Yulianti Gultom, Henry Casandra Hariyani, Johana Rizki Heri Prabowo Hesty Utami, Ratih hikmawati, nurul Hutami, Dhevi Salsabila Meidiana Indah Rahmawati Ira Setiawati Ira Setiawati Ira Setiawati, Ira Ismi Khoiriyah Jesika Erliana Kharis Triyogi Khoiroh, Laili Muthiatul Khoirunnisa, Rahmanita Khoirurrofik, Fathur Lailatul Maesyaroh Laily, Zulfa Latifah , Mia Latifatun Nafiah Launada Hasnadia Salsabila Givari Lilik Ariyanto Maharani, Esa Zulfamaylia Maysah, Ummi Meiriyanti, Rita Mudzanatun Mudzanatun Muh. Saifuddin Muhamad Abidin Nadia Apriliana Nafis Suroyya Novita Sari nurlaela, lina Nurul Fauziyah Oktaviani, Regina Pandega Ricky Andika Pramesti, Diva Edningtyas Gita Pratiwi, Ameliya Dian Pratiwi, Mita Anggi Prianka Ratri Nastiti Prianka Ratri Nastiti, Prianka Ratri Prima Daniyati Kusuma Purnamasari, Hilda Putri Rahma Dhani Putri, Rellya Andarista Qristin violinda Radika Hera Ramadani Rahmayani, Putri Ranti Suryani Ratih Hesty Ratih Hesty Utami P Ratih Hesty Utami Puspitasari Rionia Budiati Laksono Rita Meiriyanti Rizqi Dian Saputra Rr Hawik Ervina I Rr Hawik Ervina Indiworo Rr. Hawik Ervina I Safitri, Anik Dian Saputri, Alfina Yulia Saraswati, Novi Senowarsito, Senowarsito Septi Wulan Sari Setiawan, David Firna Setiawati , Ira Setyorini, Noni Sifana Nahdalia Siti Fatimah Nurul’aini Siti Helmyati Siti Khoiriyah Sobaruddin A, Shofif Solekah Sakirin, Najikatus Sugiarto Sugiarto Supandi SUTRISNO Sutrisno Sutrisno Utami, Ratih Hesty Vindy Febi Kinara Widiastuti, C. Tri Wulansari, Septi Yuliana Nuraini Yunita Ayu Maulidiyah