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Halal Tourism and Foreign Exchange Reserves in Indonesia: Error Correction Model

ETIKONOMI · Vol. 21 No. 1 (2022) · hlm. 177–192

DOI
10.15408/etk.v21i1.19616
ISSN
2461-0771, 1412-8969
Terbit
2022-03-19
Penerbit
Faculty of Economic and Business, Universitas Islam Negeri Syarif Hidayatullah Jakarta
Bahasa
eng

Abstrak

This study aims to look at how the number of tourists and the exchange rate affects Indonesia's foreign exchange reserves before and after the implementation of halal tourism from 2010 to 2019 (monthly). The Paired t-Test model was used to look at the differences in Indonesia before and after halal tourism. By examining the short and long-term effects of tourist numbers and currency rates on foreign exchange reserves using the Error Correction Model. Halal tourism, according to the research, helps Indonesia's foreign exchange reserves. The exchange rate has a negative impact on foreign exchange reserves in this situation. Meanwhile, the number of international visitors has a favourable impact on both short- and long-term foreign exchange reserves. It demonstrates that the tourism sector, particularly halal tourism, can be one of the supporting sectors in increasing the country's foreign exchange, encouraging the government to implement policies to support its tourism industry. How to Cite:Rahmatun, L., & Suriani. (2022). Halal Tourism and Foreign Exchange Reserves in Indonesia: Erroc Correction Model. Etikonomi, 21(1), 177-192. https://doi.org/10.15408/etk.v21i1.19616.

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  • Universitas Syiah Kuala
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Rekan penulisOrganisasiArtikel bersama
Dewi Ayu MulianiUniversitas Syiah Kuala1
Chenny SeftaritaUniversitas Syiah Kuala1
Adhatya Rizky SuhendarUniversitas Syiah Kuala1
Yusrizal YusrizalUniversitas Syiah Kuala1
Musliadi bin UsmanAfiliasi tidak diketahui1
Sartiyah SartiyahUniversitas Syiah Kuala1

Afiliasi berasal dari OpenAlex; metadata OAI-PMH jurnal tidak memuatnya. Penulis tanpa ID OpenAlex dicocokkan berdasarkan nama, sehingga dua orang bisa tergabung atau satu orang bisa terpisah.

Sumber metadata: OAI-PMH (metadata jurnal) http://journal.uinjkt.ac.id/index.php/etikonomi/oai, pertama di-harvest 8 Nov 2026, terakhir terlihat 8 Nov 2026.
Metadata asli (oai_dc) 
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	<dc:title xml:lang="en">Halal Tourism and Foreign Exchange Reserves in Indonesia: Error Correction Model</dc:title>
	<dc:creator xml:lang="en">Suriani, Suriani</dc:creator>
	<dc:creator xml:lang="en">Layali, Rahmatun</dc:creator>
	<dc:subject xml:lang="en">halal tourism</dc:subject>
	<dc:subject xml:lang="en">exchange rate</dc:subject>
	<dc:subject xml:lang="en">foreign exchange reserves</dc:subject>
	<dc:subject xml:lang="en">error correction model</dc:subject>
	<dc:description xml:lang="en">This study aims to look at how the number of tourists and the exchange rate affects Indonesia's foreign exchange reserves before and after the implementation of halal tourism from 2010 to 2019 (monthly). The Paired t-Test model was used to look at the differences in Indonesia before and after halal tourism. By examining the short and long-term effects of tourist numbers and currency rates on foreign exchange reserves using the Error Correction Model. Halal tourism, according to the research, helps Indonesia's foreign exchange reserves. The exchange rate has a negative impact on foreign exchange reserves in this situation. Meanwhile, the number of international visitors has a favourable impact on both short- and long-term foreign exchange reserves. It demonstrates that the tourism sector, particularly halal tourism, can be one of the supporting sectors in increasing the country's foreign exchange, encouraging the government to implement policies to support its tourism industry. How to Cite:Rahmatun, L., &amp;amp; Suriani. (2022). Halal Tourism and Foreign Exchange Reserves in Indonesia: Erroc Correction Model. Etikonomi, 21(1), 177-192. https://doi.org/10.15408/etk.v21i1.19616.</dc:description>
	<dc:publisher xml:lang="en">Faculty of Economic and Business, Universitas Islam Negeri Syarif Hidayatullah Jakarta</dc:publisher>
	<dc:date>2022-03-19</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
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	<dc:type xml:lang="en">Peer-reviewed Article</dc:type>
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	<dc:identifier>https://journal.uinjkt.ac.id/index.php/etikonomi/article/view/19616</dc:identifier>
	<dc:identifier>10.15408/etk.v21i1.19616</dc:identifier>
	<dc:source xml:lang="en">ETIKONOMI; Vol. 21 No. 1 (2022); 177-192</dc:source>
	<dc:source>2461-0771</dc:source>
	<dc:source>1412-8969</dc:source>
	<dc:language>eng</dc:language>
	<dc:relation>https://journal.uinjkt.ac.id/index.php/etikonomi/article/view/19616/pdf</dc:relation>
	<dc:relation>https://journal.uinjkt.ac.id/index.php/etikonomi/article/view/19616/16459</dc:relation>
	<dc:relation>https://journal.uinjkt.ac.id/index.php/etikonomi/article/view/19616/16460</dc:relation>
	<dc:rights xml:lang="en">Copyright (c) 2022 ETIKONOMI</dc:rights>
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