Agricultural Sector FDI as a Driver of Tourism Sector FDI for a Sustainable Economy

Herlitah; Ruslan Prijadi; Nurdin Sobari; Nur Fatwa; Muhammad Fawaiq; Azlin Alisa Ahmad

doi:10.15379/ijmst.v10i2.1259

Agricultural Sector FDI as a Driver of Tourism Sector FDI for a Sustainable Economy

Herlitah, Ruslan Prijadi, Nurdin Sobari, Nur Fatwa, Muhammad Fawaiq, Azlin Alisa Ahmad

Research output: Contribution to journal › Article › peer-review

Abstract

This study aims to see whether FDI (Foreign Direct Investment) from the Agricultural Sector can be able to encourage FDI from the Tourism sector in Sumatra Island in the short and long term are supporting the Sustainable Economy in the future. The first analytical method used in this research is the descriptive method and the second method is the panel data regression method with the Vector Error Correction Model (VECM) in 8 regions on the island of Sumatera-Indonesia for 20 years. FDI from the Agricultural Sector is expected to be able to encourage the growth or increase of FDI in the Tourism sector; because several developed countries have changed or developed other service sectors to lead a Sustainable Economy. And the results of this study prove that in the long term and short term FDI in the agricultural sector and FDI in the Tourism services sector influence Gross Domestic Product Regional (GDPR).

Original language	English
Pages (from-to)	471-481
Number of pages	11
Journal	International Journal of Membrane Science and Technology
Volume	10
Issue number	2
DOIs	https://doi.org/10.15379/ijmst.v10i2.1259
Publication status	Published - 21 Jun 2023

Keywords

Agricultural
FDI
Sustainable growth
Tourism

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.15379/ijmst.v10i2.1259

Cite this

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title = "Agricultural Sector FDI as a Driver of Tourism Sector FDI for a Sustainable Economy",

abstract = "This study aims to see whether FDI (Foreign Direct Investment) from the Agricultural Sector can be able to encourage FDI from the Tourism sector in Sumatra Island in the short and long term are supporting the Sustainable Economy in the future. The first analytical method used in this research is the descriptive method and the second method is the panel data regression method with the Vector Error Correction Model (VECM) in 8 regions on the island of Sumatera-Indonesia for 20 years. FDI from the Agricultural Sector is expected to be able to encourage the growth or increase of FDI in the Tourism sector; because several developed countries have changed or developed other service sectors to lead a Sustainable Economy. And the results of this study prove that in the long term and short term FDI in the agricultural sector and FDI in the Tourism services sector influence Gross Domestic Product Regional (GDPR).",

keywords = "Agricultural, FDI, Sustainable growth, Tourism",

author = "Herlitah and Ruslan Prijadi and Nurdin Sobari and Nur Fatwa and Muhammad Fawaiq and Ahmad, {Azlin Alisa}",

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T1 - Agricultural Sector FDI as a Driver of Tourism Sector FDI for a Sustainable Economy

AU - Herlitah,

AU - Prijadi, Ruslan

AU - Sobari, Nurdin

AU - Fatwa, Nur

AU - Fawaiq, Muhammad

AU - Ahmad, Azlin Alisa

PY - 2023/6/21

Y1 - 2023/6/21

N2 - This study aims to see whether FDI (Foreign Direct Investment) from the Agricultural Sector can be able to encourage FDI from the Tourism sector in Sumatra Island in the short and long term are supporting the Sustainable Economy in the future. The first analytical method used in this research is the descriptive method and the second method is the panel data regression method with the Vector Error Correction Model (VECM) in 8 regions on the island of Sumatera-Indonesia for 20 years. FDI from the Agricultural Sector is expected to be able to encourage the growth or increase of FDI in the Tourism sector; because several developed countries have changed or developed other service sectors to lead a Sustainable Economy. And the results of this study prove that in the long term and short term FDI in the agricultural sector and FDI in the Tourism services sector influence Gross Domestic Product Regional (GDPR).

AB - This study aims to see whether FDI (Foreign Direct Investment) from the Agricultural Sector can be able to encourage FDI from the Tourism sector in Sumatra Island in the short and long term are supporting the Sustainable Economy in the future. The first analytical method used in this research is the descriptive method and the second method is the panel data regression method with the Vector Error Correction Model (VECM) in 8 regions on the island of Sumatera-Indonesia for 20 years. FDI from the Agricultural Sector is expected to be able to encourage the growth or increase of FDI in the Tourism sector; because several developed countries have changed or developed other service sectors to lead a Sustainable Economy. And the results of this study prove that in the long term and short term FDI in the agricultural sector and FDI in the Tourism services sector influence Gross Domestic Product Regional (GDPR).

KW - Agricultural

KW - FDI

KW - Sustainable growth

KW - Tourism

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Agricultural Sector FDI as a Driver of Tourism Sector FDI for a Sustainable Economy

Abstract

Keywords

UN SDGs

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