SRIWIJAYA INTERNATIONAL JOURNAL OF DYNAMIC ECONOMICS AND BUSINESS
SIJDEB, Vol. 8, No. 1, March 2024

The Role of Information and Communication Technology (ICT) and Tourism on Economic Growth in Indonesia

Audina, Resda Aninditya (Unknown)
Kartiasih, Fitri (Unknown)
Yuliana, Rita (Unknown)



Article Info

Publish Date
05 Aug 2024

Abstract

This study aims toanalyze the influence of ICT and the tourism sector on economic growth in Indonesia from 2015 to 2021 using panel data regression analysis on a total of 238data with the Feasible Generalized Least Square-Seemingly Unrelated Regression (FGLS-SUR) estimation method. The results of the study show that the proportion of individuals who use the internet, the number of fixed broadband subscribers, the room occupancy rate of star hotels, foreign investment, labour, and government spending have a positive and significant effect on economic growth in Indonesia. In this regard, it is hoped that each province will have equal access to the internet and further enhance hotel services, especially for star-rated hotels.The positive impact of this research in Indonesia is that it can help enhance the Gross Regional Domestic Product (GRDP) in each province, thereby influencing overall economic growththrough the fields of ICT and tourism.

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Journal Info

Abbrev

SIJDEB

Publisher

Subject

Economics, Econometrics & Finance

Description

The SIJDEB invites manuscripts in the various topics include, but not limited to functional areas of Financial Management, Marketing Management, Human Resource Management, Entrepreneurship, Strategic Management, Public Economics, Monetary Economics, Industrial Economics, Human Resource Economics, ...