The Role of the Tourism Sector on Employment Opportunities in Indonesia
The objective of this paper are to examine the long run effects of tourism receipt and national real product domestic bruto on the employment in Indonesia and the causality relationship among those variables in a multivariate model using annual data spanning 1980-2011. To test the unit root, we empl...
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| Format: | Article |
| Language: | English |
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Muhammadiyah University Press
2014-06-01
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| Series: | Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan |
| Subjects: | |
| Online Access: | http://journals.ums.ac.id/index.php/JEP/article/view/115 |
| _version_ | 1830483543668555776 |
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| author | Sarwoko Sarwoko |
| author_facet | Sarwoko Sarwoko |
| author_sort | Sarwoko Sarwoko |
| collection | DOAJ |
| description | The objective of this paper are to examine the long run effects of tourism receipt and national real product domestic bruto on the employment in Indonesia and the causality relationship among those variables in a multivariate model using annual data spanning 1980-2011. To test the unit root, we employed ADF and PP tests. To test cointegration we used Johansen dan Joselius model (1990) and to test the direction of the causality relationship we used Ngranger causality with VECM or Wald Block Exogeneity test. The empirical findings show that the long run equilibrium exists among those variabels and there are unsensitive elasticities between tourism receipt and national real product domestic bruto on the employment. National real product domestic brutto had Ngranger causality on the employment with bidirectional causality, while tourism receipt had Ngranger causality on employment with unidirectional causality. |
| first_indexed | 2024-12-21T17:53:52Z |
| format | Article |
| id | doaj.art-7427405ff39c4ed692265dd753a6837f |
| institution | Directory Open Access Journal |
| issn | 1411-6081 2460-9331 |
| language | English |
| last_indexed | 2024-12-21T17:53:52Z |
| publishDate | 2014-06-01 |
| publisher | Muhammadiyah University Press |
| record_format | Article |
| series | Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan |
| spelling | doaj.art-7427405ff39c4ed692265dd753a6837f2022-12-21T18:55:16ZengMuhammadiyah University PressJurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan1411-60812460-93312014-06-01151718112The Role of the Tourism Sector on Employment Opportunities in IndonesiaSarwoko Sarwoko0Sekolah Tinggi Ilmu Ekonomi BBANK YogyakartaThe objective of this paper are to examine the long run effects of tourism receipt and national real product domestic bruto on the employment in Indonesia and the causality relationship among those variables in a multivariate model using annual data spanning 1980-2011. To test the unit root, we employed ADF and PP tests. To test cointegration we used Johansen dan Joselius model (1990) and to test the direction of the causality relationship we used Ngranger causality with VECM or Wald Block Exogeneity test. The empirical findings show that the long run equilibrium exists among those variabels and there are unsensitive elasticities between tourism receipt and national real product domestic bruto on the employment. National real product domestic brutto had Ngranger causality on the employment with bidirectional causality, while tourism receipt had Ngranger causality on employment with unidirectional causality.http://journals.ums.ac.id/index.php/JEP/article/view/115employmenttourism receiptproduct domestic bruttocointegrationgranger causality |
| spellingShingle | Sarwoko Sarwoko The Role of the Tourism Sector on Employment Opportunities in Indonesia Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan employment tourism receipt product domestic brutto cointegration granger causality |
| title | The Role of the Tourism Sector on Employment Opportunities in Indonesia |
| title_full | The Role of the Tourism Sector on Employment Opportunities in Indonesia |
| title_fullStr | The Role of the Tourism Sector on Employment Opportunities in Indonesia |
| title_full_unstemmed | The Role of the Tourism Sector on Employment Opportunities in Indonesia |
| title_short | The Role of the Tourism Sector on Employment Opportunities in Indonesia |
| title_sort | role of the tourism sector on employment opportunities in indonesia |
| topic | employment tourism receipt product domestic brutto cointegration granger causality |
| url | http://journals.ums.ac.id/index.php/JEP/article/view/115 |
| work_keys_str_mv | AT sarwokosarwoko theroleofthetourismsectoronemploymentopportunitiesinindonesia AT sarwokosarwoko roleofthetourismsectoronemploymentopportunitiesinindonesia |