EKO-REGIONAL JURNAL PENGEMBANGAN EKONOMI WILAYAH
Vol 19 No 1 (2024)

Panel Seemingly Unrelated Regression on Employment in Tourism Sector: Evidence in Central Java Province

Khasanah, Dindha Uswatun (Unknown)
Kurniawan, Mahrus Lutfi Adi (Unknown)



Article Info

Publish Date
06 Mar 2024

Abstract

Job opportunities are the main problem faced by Indonesia because the large of population, high population growth rate and large workforce. The tourism sector has a large multiplier effect on employment and become a potential sector as a source of income for a country or region. By combining cross-section and time-series data in 35 districts and cities in Central Java Province from 2016-2020 and the Seemingly Unrelated Regression Panel approach. The results showed that supporting infrastructure for the tourism sector, such as the number of hotel rooms and the number of restaurants, had an effect on employment in the tourism sector, and a positive effect was shown by the variable number of tourist objects and tourist visits. The coefficient value on the wage variable which is quite large indicates that the elasticity of employment related to wages is quite high. The implication of the research is increasing the quality and quantity of sustainable tourist objects can attract an increase in foreign and domestic tourist visits so as to increase the workforce through the tourism sector. The implication of the study to strengthen among government, private sector and local community to develop sustainable tourism sectors

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Journal Info

Abbrev

eko-regional

Publisher

Subject

Economics, Econometrics & Finance

Description

EKO-REGIONAL Jurnal Pembangunan Ekonomi Wilayah (Journal of Regional Economic Development) is a scientific journal containing research results on regional economics, tourism economics, geographical economics, natural resource economics, SMEs development, and local economic development. The journal ...