Research Article
The Role of Tourism to Increasing GDP (Evidence From Indonesia & Republic of Korea)
@INPROCEEDINGS{10.4108/eai.4-9-2024.2353954, author={Bryan Alvaro Tabaga and Dikdik Kusdiana and Restu Suryaman and Shalma Maryam Nuraini}, title={The Role of Tourism to Increasing GDP (Evidence From Indonesia \& Republic of Korea)}, proceedings={Proceedings of the 7th International Conference of Economics, Business, and Entrepreneurship, ICEBE 2024, 4-5 September 2024, Shah Alam, Selangor, Malaysia}, publisher={EAI}, proceedings_a={ICEBE}, year={2024}, month={12}, keywords={foreign tourists tourism sector labor economic growth foreign tourist expenditure}, doi={10.4108/eai.4-9-2024.2353954} }- Bryan Alvaro Tabaga
Dikdik Kusdiana
Restu Suryaman
Shalma Maryam Nuraini
Year: 2024
The Role of Tourism to Increasing GDP (Evidence From Indonesia & Republic of Korea)
ICEBE
EAI
DOI: 10.4108/eai.4-9-2024.2353954
Abstract
The tourism sector has a multiplier effect that is able to help economic growth. This study aims to analyze the influence of the number of foreign tourists, foreign tourist spending, and tourism sector labor on economic growth in Indonesia and the Republic of Korea based on time series data with a period of 15 years, namely the period 2005-2019. This researcher uses a quantitative method and secondary data sourced from the World Bank. Indonesia and the Republic of Korea are G20-members. This study compares data on the tourism sector of developing countries from Indonesia and the tourism sector of developed countries from the Republic of Korea. The results of the analysis found that the variables of the number of foreign tourists, foreign tourist spending, and tourism sector labor have a positive influence on economic growth in Indonesia and Korea.
