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Analysis of Tourism Demand Cointegration from China to Indonesia


contributor author Sarwoko Sarwoko, Ridwan Ridwan, Henry Sarnowo
date accessioned Tue, 14 April 2026
date available Tue, 14 April 2026
date issued Sabtu, 13 Maret 2021
description abstract Tourism Industry has been an important contributor to Indonesia Economy. The purpose of the empirical research in this paper is to investigate the existence of cointegration between China tourism demand in Indonesia with several macroeconomic factors like as real GDP per capita of the China, relatif price, exchange rate and trade openess using annual data spanning 2000-2018. Augmented Dikey-Fuller, Phillip Peron and Johansen’s maximum likelihood tests are used to test for unit root and cointegration. An error correction model is estimated for an explain the short run China tourism demand to Indonesia.The result shows that the long run equilibrium exist among endogen variables and China tourist seems to be highly sensitive to the real GDP per capita, relatif price, exchange rate and trade openness with the signs like as the expectation. The implies of this study is that Indonesia government should arrange macroeconomic policies to sustain International tourism demands, especially from China.
subject Analysis of Tourism Demand Cointegration from China to Indonesia
title Analysis of Tourism Demand Cointegration from China to Indonesia
type

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