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INDONESIA
Journal of Tourism Economics and Policy
Published by Indonesia Strategic Sustainability
ISSN : 27752283     EISSN : 28072839     DOI : 10.38142/jtep
Core Subject : Economy, Health, Social,
Economics, Econometrics & Finance Public Health Social Sciences
The Journal of Tourism Economics and Policy is published biannually and published in March and November. JTEP also uses the LOCKSS system to ensure a secure and permanent archive for the journal. Concerned with the complex interactions between development and the environment, its purpose is to seek ways and means for achieving sustainability in all human activities aimed at such development. Coverage includes interactions among society, development, and environment, and their implications for sustainable development; Micro and Macro Economics, Economic Planning, Economic Control, Trade, Public Policy, Islamic Economics, Economic Circular, and much more
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 197 Documents
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Case Study: Green Event Through the Use of Renewable Energy in Organizing the Get the Fest 2022 Event HENDRATMO, Cestia Astutiningsih; LEMY, Diena Mutiara; KUSUMO, H.K. Elang
Journal of Tourism Economics and Policy Vol. 4 No. 3 (2024): Journal of Tourism Economics and Policy (July - September 2024)
Publisher : PT Keberlanjutan Strategis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38142/jtep.v4i3.1077

Abstract

Events as a catalyst for the revival of tourism after the pandemic are the focus issues in event development in Indonesia. Events are one of the typical tourism activities with a "life experience" that provides a complete experience to tourists who travel with special motivation. The event itself is a sector that is able to provide economic growth and multiplier effect such as job opportunities, improving destination image and growing regional income. However, along with the growth in the level of event organization, negative impacts are also visible, especially on the environmental sector. This research aims to further examine the concept of green event in Get the Fest activities, the extent to which this event can apply the concept, and what are the benefits that can be felt directly or indirectly by the event participants themselves. This research uses a descriptive qualitative method by describing a phenomenon in detail and presenting the data found in detail. The study found that event organizers are starting to take a more environmentally friendly approach by using the green event concept. However, as an emerging trend, the concept of Green Event is wide with different methods of application. The case studied in this research that held in early 2024 is the implementation of green event at the "Get the Fest" event which implements environmentally friendly events through the use of renewable energy.
Community Empowerment in the Development of Bayan Tourism Villages in North Lombok District ASTITI, Anak Agung Eka Putri Dewi; MERTHA, I Wayan; KENCANA, I Putu Eka Nila
Journal of Tourism Economics and Policy Vol. 4 No. 3 (2024): Journal of Tourism Economics and Policy (July - September 2024)
Publisher : PT Keberlanjutan Strategis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38142/jtep.v4i3.1080

Abstract

Community empowerment is an important aspect in developing tourist villages. This is because the development of tourist villages uses a lot of resources owned by the community. The community has an important role in supporting the success of tourism village development so that powerless communities need to be empowered to create independence and economic prosperity for the community. This type of research is qualitative research using data collection techniques, namely interviews, documentation, observation, focus group discussions and literature studies. Interviews are a data collection method with both direct and indirect data sources. This study examines tourism potential, the role of the community and how to empower the community. Data sources were obtained from the head of Bayan Village, the head of the tourism awareness group, traditional leaders of Bayan Village and the community in Bayan Village to serve as sources. The village can be used as a tourist attraction so that it can invite tourists to come to the Bayan Tourism Village. The existence of this tourist village can increase income opportunities for the community and reduce unemployment. Empowerment is carried out by providing training to the Bayan village community about tourism so that they can take advantage of the opportunities that exist in the Bayan tourist village and can create their own employment opportunities. Having a tourist village can empower the community in Bayan Village, North Lombok Regency.
The Policy Landscape: Enabling Cultural Heritage Businesses Through Government Initiative and Central Bank Intervention STEELYANA, Evy
Journal of Tourism Economics and Policy Vol. 4 No. 3 (2024): Journal of Tourism Economics and Policy (July - September 2024)
Publisher : PT Keberlanjutan Strategis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38142/jtep.v4i3.1084

Abstract

This study examines the synergistic efforts of government regulations and Bank Indonesia (BI) initiatives in safeguarding Batik, as an intangible heritage, across diverse Indonesian provinces. Central and local government regulations underscore Batik's crucial role in preserving artistic traditions and national identity. Qualitative analysis is used by policies mapping technic and content analysis from the secondary data available in public domain. This study reveals a dedicated focus on cultural preservation by central government of which proven by multiple laws, a Presidential Decree, and Ministerial Regulations from various ministries. Regional policies align with central regulations, as evidenced by local government regulations in 26 provinces, showcasing tailored approaches and the local autonomy of provincial governments in upholding cultural perseverance. Bank Indonesia's comprehensive support aims for a vibrant and sustainable future by promoting Micro, Small, and Medium Enterprises (MSMEs) development through exhibitions, financial inclusion, and collaboration with local governments. Specific theme events relate to each region, such as Festival Meurah Silu in Aceh and Minang CrEFt in West Sumatra, highlight BI's dual focus on cultural preservation and economic empowerment. In conclusion, Indonesian government regulations in central and local government actively foster Batik preservation, ensuring the sustainability of cultural heritage and MSMEs development and Bank Indonesia's initiatives, intertwined with cultural preservation and economic empowerment.
The Influence of Emotional Intelligence, Spiritual Intelligence on the Level of Understanding of Social and Environmental Accounting: Study of 2018-2021 Class of Accounting Students, Faculty of Economics and Business, Tadulako University MISNAWATI, Misnawati; JURANA, Jurana; IQBAL, Mohammad; PARANOAN, Selmita; FURQAN, Andi Chairil
Journal of Tourism Economics and Policy Vol. 4 No. 3 (2024): Journal of Tourism Economics and Policy (July - September 2024)
Publisher : PT Keberlanjutan Strategis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38142/jtep.v4i3.1091

Abstract

Abstract This research aims to test and analyze the Direction of Emotional Intelligence, Spiritual Intelligence on the Level of Understanding of Social and Environmental Accounting. Study of 2018-2021 Class of Accounting Students, Faculty of Economics and Business, Tadulako University. This research uses a survey method, using the Slovin method sampling technique. The respondents in this research were students at Tadulako University, Faculty of Economics, majoring in Accounting, totaling 111 respondents. The research method used in this research is quantitative research using multiple linear regression data analysis, data collection techniques using questionnaires. The results of this research show that emotional intelligence and spiritual intelligence simultaneously have a significant effect on the level of understanding of social and environmental accounting. Emotional intelligence partially has a significant effect on the level of understanding of social and environmental accounting, spiritual intelligence partially has a significant effect on the level of understanding of social and environmental accounting
The Role of Competitiveness in Mediating the Influence of Customer Relationship Marketing on the Marketing Performance of Fitness Plus Indonesia Ubud Branch SETYAWAN, I. G. N. Tomi; MARBUN, Saortua; DEWI, Luh Komang Candra
Journal of Tourism Economics and Policy Vol. 4 No. 3 (2024): Journal of Tourism Economics and Policy (July - September 2024)
Publisher : PT Keberlanjutan Strategis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38142/jtep.v4i3.1095

Abstract

This study aims to analyze the influence of customer relationship marketing on marketing performance, examine the impact of customer relationship marketing on competitiveness, explore the influence of competitiveness on marketing performance, and examine the role of competitiveness mediation in the relationship between customer relationship marketing and marketing performance. The sampling method used is accidental sampling. The population of this study consisted of 1,741 employees at Fitness Plus Indonesia Ubud Branch, with 95 people selected as respondents. The data used in this study is quantitative data, obtained from primary data sources. Data analysis was carried out using the Partial Least Square (PLS) approach with SmartPLS software version 3.2.7. The results of the study showed that: 1) customer relationship marketing had a positive and significant effect on marketing performance, 2) customer relationship marketing had a positive and significant effect on competitiveness, 3) competitiveness had a positive and significant effect on marketing performance, and 4) competitiveness was able to mediate the influence of customer relationship marketing on marketing performance.
Implementation of the Policy for the Elimination of Movable State Property at Nusa Cendana University OTTEMUSU, Yohanis; ROSARI, Petrus D E; NURSALAM, Nursalam
Journal of Tourism Economics and Policy Vol. 4 No. 3 (2024): Journal of Tourism Economics and Policy (July - September 2024)
Publisher : PT Keberlanjutan Strategis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38142/jtep.v4i3.1105

Abstract

No matter how great a policy plan or program is, if it is not realized properly and correctly then the program or policy will be in vain. Policy implementation requires policy implementers who are truly honest, have appropriate competence, are highly committed to producing their goals and really pay attention to applicable government regulations.The method used in this research is a descriptive method with a qualitative approach with a total number of 33 people who were determined purposively then the primary and secondary data collected were analyzed using data analysis techniques from Creswell (2016).In this research the author uses the policy implementation model from Donald Van Meter and Carl E. Van Horn (1975) which states that there are six variables that influence the implementation of the policy of eliminating movable state property at Nusa Cendana University, namely; (1) policy standards in the form of regulations regarding the elimination of movable state property at Nusa Cendana University are unable to influence policy targets; (2). the existence of sufficient resources; (3) communication between organizations and strengthening activities is still not effective; (4) the characteristics of implementing agents have a level of communication that is not yet open; (5) supportive socio-economic and political conditions; (6) the implementor's disposition where a situation is considered very complex or controversial, so that the implementor finds it very difficult to take a firm stance on the BMN elimination policy.
The Role of CEO Financial Skills on Company Performance PRADNYANATA, I Gede Agus; NARINDRA, Anak Agung Ngurah Mayun
Journal of Tourism Economics and Policy Vol. 4 No. 3 (2024): Journal of Tourism Economics and Policy (July - September 2024)
Publisher : PT Keberlanjutan Strategis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38142/jtep.v4i3.1109

Abstract

Fast and dynamic economic growth requires companies to choose a chief executive officer (CEO) who has strong technical and managerial skills. One important ability for a company CEO to have is financial expertise. The CEO's financial capabilities can help the company manage resources more efficiently and effectively, especially during times of crisis. This research aims to determine the role of CEO financial expertise on company performance during the Covid 19 pandemic. This research is quantitative in nature using secondary data obtained from the company's annual report and financial statements. The sample for this research was 40 property and real estate companies listed on the Indonesia Stock Exchange in 2020-2022. The data analysis technique used is panel data regression analysis. The results obtained show that CEO financial expertise plays a negative and significant role in company performance. This finding explains that, during the financial crisis, the CEO's expertise was not able to improve company performance.
The Effect of Company Performance on Underpricing Level IPO Shares on the Indonesia Stock Exchange for the Period 2013- 2023 PRADNYANA, Komang Wisnu Aria; ERAWATI, Ni Made Adi
Journal of Tourism Economics and Policy Vol. 4 No. 3 (2024): Journal of Tourism Economics and Policy (July - September 2024)
Publisher : PT Keberlanjutan Strategis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38142/jtep.v4i3.1113

Abstract

The purpose of this study was to examine the effect of profitability, solvency, company size, and company age on the level of underpricing of IPO shares on the Indonesia Stock Exchange for the period 2013- 2023. Underpricing is the difference between the IPO stock offering price and the market price when the shares are first traded on the market. This study aims to examine the effect of profitability, solvency, company size and company age on the level of underpricing of IPOshares on the IDX for the period 2013-2023. The sample of this study was 376 using purposive sampling. Data collection techniques using non-participant observation methods. The data analysis technique used is the Structural Equation Model (SEM) using Partial Least Square (PLS). Research data is processed using Smart-PLS version 4 software by evaluating the inner model and bootstrapping. The results of this study indicate that profitability, solvency, company size and company age have a negative effect on the level of underpricing of IPO shares on the IDX for the period 2013-2023. This means that the better profitability, solvency and company size owned can reduce the level of underpricing of IPO shares. Companies that have been established for a long time can also reduce the level of underpricing of IPO shares on the IDX for the 2013-2023 period.
The Effect of Foreign Ownership and Financial Leverage on Tax Avoidance with Audit Quality as Moderating Variables MUJI, Muji; WALUYO, Waluyo
Journal of Tourism Economics and Policy Vol. 4 No. 3 (2024): Journal of Tourism Economics and Policy (July - September 2024)
Publisher : PT Keberlanjutan Strategis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38142/jtep.v4i3.1114

Abstract

Manufacturing companies are the largest contributor to tax revenue in Indonesia. However, this group experienced negative tax revenue growth when in general there was growth in tax revenue. The existence of foreign ownership and the use of debt (financial leverage) is suspected to be one of the causes of tax avoidance by the company even though it has been audited by an external party. The study was conducted using Moderated Regression Analysis on 124 manufacturing companies listed on the Indonesia Stock Exchange. The results showed that foreign ownership had no significant effect on tax avoidance, while financial leverage had a significant effect on tax avoidance. In addition, audit quality does not moderate significantly the influence of foreign ownership and financial leverage.
Analysis of the Impact of Digitalization of the Financial Sector on Inflation in Indonesia Using the Vector Error Correction Model Method SETIAWAN, Edi; WIRANDHIKA, Dery; PURWANTI, Desi
Journal of Tourism Economics and Policy Vol. 4 No. 3 (2024): Journal of Tourism Economics and Policy (July - September 2024)
Publisher : PT Keberlanjutan Strategis Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38142/jtep.v4i3.1119

Abstract

Digitalization of the financial sector through non-cash payment instrument means brings many benefits to the Indonesian economy, but also has consequences behind it. This research aims to determine the effect of non-cash payment instruments consisting of electronic money and card payment on inflation in Indonesia using the Vector Error Correction Model (VECM) method. The results of this research show that shocks in the value of electronic money transactions and card payments have a positive effect on inflation in line with the quantity theory of money. This paper concludes that the digitalization of the financial sector gives impacts on inflation in Indonesia, so the government should prepare appropriate policies to balance the positive effects on economic growth and the negative effects on inflation.

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