Investment multiplier effect expands tourism destinations

Community of economy and social in Jungjungan Village, Ubud Bali

https://doi.org/10.21744/irjmis.v6n2.606

Authors

  • I Gusti Ngurah Putra Suryanata Department of Management, Faculty of Economics and Business, Universitas Pendidikan Nasional, Denpasar, Indonesia

Keywords:

employment, investment, multiplier, opportunities, social unrest

Abstract

The study is aimed at discussing the investment multiplier effect expands tourism destinations. The main problem is how can multiplier investments in the tourism sector minimize unemployment in Junjungan Village, Ubud, Bali. The results of the analysis and discussion show that the existence of investments influences many of the social and economic life of the community, because there are so many benefits or benefits obtained by both the Gianyar government and the local community as an integral part of the tourism business on the island, both in the form of tax and assistance provided to local communities to improve the quality of life and also training in the human resources. The more investment in this village, it is expected to be able to open as wide employment opportunities as possible. Therefore, unemployment is minimized and public income is expected to continue increasing.

Downloads

Download data is not yet available.

References

Bain, A. (1859). The Emotions and the Will by Alexander Bain. Parker and son. https://books.google.com/books?hl=en&lr=&id

Budiono, G. L. Quality Investment Strategy: The Prediction Of Benefits Or Losses. http://dosen.univpancasila.ac.id/

Chase, G., & Alon, I. (2002). Evaluating the economic impact of cruise tourism: a case study of Barbados. Anatolia, 13(1), 5-18. https://doi.org/10.1080/13032917.2002.9687011

Eadington, W. R., & Redman, M. (1991). Economics and tourism. Annals of Tourism research, 18(1), 41-56. https://doi.org/10.1016/0160-7383(91)90038-D

Harris, P. (1997). Limitations on the use of regional economic impact multipliers by practitioners: An application to the tourism industry. Journal of Tourism Studies, 8(2), 50. https://search.informit.com.au/fullText;res=IELAPA;dn=990101092

Huse, M., Gustavsen, T., & Almedal, S. (1998). Tourism impact comparisons among Norwegian towns. Annals of Tourism Research, 25(3), 721-738. https://doi.org/10.1016/S0160-7383(98)00019-X

McKee, D. L., & Chase, G. L. (2003). The economic impact of cruise tourism on Jamaica. Journal of Tourism Studies, 14(2), 16. https://search.informit.com.au/fullText;res=IELAPA;dn=200402850

Morgan, A., & Condliffe, S. (2007, October). Measuring the economic impacts of convention centers and event tourism: a discussion of the key issues. In Journal of Convention & Event Tourism (Vol. 8, No. 4, pp. 81-100). Taylor & Francis Group. https://doi.org/10.1300/J452v08n04_06

Mules, T., & Dwyer, L. (2005). Public sector support for sport tourism events: The role of cost-benefit analysis. Sport in Society, 8(2), 338-355. https://doi.org/10.1080/17430430500087864

Raguraman, K. (1997). Estimating the net economic impact of air services. Annals of Tourism Research, 24(3), 658-674. https://doi.org/10.1016/S0160-7383(97)00022-4

Tooman, L. A. (1997). Multipliers and life cycles: a comparison of methods for evaluating tourism and its impacts. Journal of Economic Issues, 31(4), 917-932. https://doi.org/10.1080/00213624.1997.11505984

Waskito, L. A., Miftahussurur, M., Lusida, M. I., Syam, A. F., Suzuki, R., Subsomwong, P., ... & Yamaoka, Y. (2018). Distribution and clinical associations of integrating conjugative elements and cag pathogenicity islands of Helicobacter pylori in Indonesia. Scientific reports, 8(1), 6073. https://doi.org/10.1038/s41598-018-24406-y

Published

2019-03-19

How to Cite

Suryanata, I. G. N. P. (2019). Investment multiplier effect expands tourism destinations: Community of economy and social in Jungjungan Village, Ubud Bali. International Research Journal of Management, IT and Social Sciences, 6(2), 44–51. https://doi.org/10.21744/irjmis.v6n2.606

Issue

Section

Peer Review Articles