Central Community Development Journal
Vol. 5 No. 2 (2025): December 2025

Tourism growth and investment in Bali’s inclusive economic recovery in 2023: A spatial and econometric approach

Tantra, I Gusti Lanang Putu (Unknown)
Murthi, Ngurah Wisnu (Unknown)



Article Info

Publish Date
25 Dec 2025

Abstract

This study investigates the relationship between tourism development, total realized investment, and inclusive growth in Bali during the 2023 economic recovery period. The primary objective is to analyze how international and domestic tourist visits, along with investment inflows, influence inclusive growth across Bali’s regions. This study employs various econometric models, including linear trend analysis, multiple regression, and a spatial lag model (SAR) to capture the spatial dependencies between regions. Using data on tourist visits, realized investments, ICT use, labor force participation, and real per capita expenditure, this study builds an Inclusive Growth Index (IGI) for Bali. The results indicate that tourism and investment significantly contribute to inclusive growth, and spatial factors also play a critical role in determining regional disparities in growth. The findings have important policy implications for promoting sustainable tourism and investment strategies to ensure equitable and inclusive development across Bali.

Copyrights © 2025






Journal Info

Abbrev

CCDJ

Publisher

Subject

Humanities Civil Engineering, Building, Construction & Architecture Economics, Econometrics & Finance Education Public Health

Description

Central Community Development Journal (CCDJ). This journal is published by Privietlab with a strong identity of blending the locally embedded and globally connected wisdom. CCDJ is a bi-annual refereed journal concerned with the practice and processes of community development. It provides a forum ...