Abstract:

Tourism is thought to have a substantial impact on the national economy as a whole. Several previous types of research have established that there is a substantial association between tourism and foreign trade. The goal of this study is to examine the impact of tourism on international trade intensity between Indonesia and the visitor's place of origin as evaluated by international tourist visits. A panel data set was created by merging data from ten tourist countries of origin over the last ten years. The ECM analysis technique was used to determine the presence of both short and long-term associations. The findings indicate that international tourist visits have a favorable effect on trade intensity between Indonesia and the tourist's home country. This necessitates changes in both tourism and foreign trade target sectors.

Keywords:

tourism and development, trade intensity, bilateral trade, ECM model.

JEL Classifications:

L83, O24, Z32.

How to Cite:

Ni Putu Wiwin Setyari. The Impact of Tourist Visits on Indonesia's Bilateral Trade Intensity. [ref]: vol.21.2023. available at: https://refpress.org/ref-vol21-a216/