Analysis of Economic Structural Transformation and Leading Sectors in Bali, Indonesia
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Published:
Feb 28, 2022
Keywords:
Economic Structure, Economic Growth, Leading Sectors, JEL Classification: F63, O41, R11
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Abstract
This research aims to analyze the shifts in the economy's structure and the leading sectors used as economic prospects in the developmental sector other than tourism in Bali. The study of theories and concepts used includes the theory of economic growth. The data were analyzed using economic sector contribution techniques (Location Quotient), GRM (Growth Ratio Model), and Overlay Analysis. The results show a shift in the economy's structure from the primary to the tertiary sector. The leading sectors in Bali are transportation and warehousing; provision of accommodation and food and beverages; information and communication; financial and insurance services; real estate; education services; health services and social activities; and other services. The government needs to develop a base sector to encourage economic movements and create a multiplier effect. This research is expected to be an input for the government in the form of policy advice in preparing regional development plans and policies.
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How to Cite
Andika, G., & Sukadana, W. (2022). Analysis of Economic Structural Transformation and Leading Sectors in Bali, Indonesia. PanAfrican Journal of Governance and Development (PJGD), 3(1), 3-21. https://doi.org/10.46404/panjogov.v3i1.3574
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This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
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Wiwekananda, I.B and Utama, S.M. (2016). The shift of economic structure and leading sectors
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Arisoy, I.A. (2015). Crisis and Geography: Some Observations on Peripheral Europe. Journal of Economics and Management, 20 (A), 23-38.
Arsyad, L. (2010). Economic Development, 5th Edition. Yogyakarta: STIE YKPN
Bali Provincial Statistics Agency. (2010). Gross Domestic Regional Bruto. Retrieved on 28th of December, 2018 from www.Bali.bps.go.id
Davis, H.C. (1992). Regional Economic Impact Analysis and Project Evaluation. British Columbia Studies, 98:3-19.
Fachrurrazy. (2009). Analysis of Determination of Leading Sector of Economics for The Region of North Aceh using The GRDP Approach. Thesis. Universitas Sumatera Utara.
Fattah, S. dan Abdul, R. (2013). Analysis of Regional Economic Development in The Regency/Municipality at South Sulawesi Province in Indonesia. Journal of Economics and Sustainable Development, 4 (1):1-9.
Gawrycka, M. & Szymczak, A. (2019). Reason Behind Changes in The Share of Labor in National Income in The Polish Economy: Selected Aspects. Journal of Economics and Management, 36(2): 6-18. https://doi.org/10.22367/jem.2019.36.01
Guimares, P., Octavio, F., and Douglas, W. (2008). Dartboard Test for The Location Quotient. FEP Working Papers Universidade De Porto, 273:1-18.
Guntara, A.H. (2017). Economic Structure Transformation of Indragiri District of 2000-2013. Journal of Economics, University of Riau, 4(1):420-433.
Imaningsih, N. (2015). Sectoral Potential Analysis with Shift Share in Pasuruan Regency. FEB Journal of UPN Veteran, 6(1):12-25.
Isserman, A.M. (1977). The Location Quotient Approach to Estimating Regional Economic Impacts. Journal of the American Planning Association, 43(1):33-41. https://doi.org/10.1080/01944367708977758
Japan International Cooperation Agency. (2005). The Comprehensive Study on Land Management in Indonesia. Retrieved on 5th of January, 2018: www.jica.go.jp
Kuncoro, M. and Suhardjono. (2010). Economic Development. Jakarta: Erlangga.
Kusreni, S. (2009). The Effect of Changes in Structure of Economy of The Specialization Sectoral and Regional and Structural Absorption of Labor in Regional Cities of East Java. Journal of Economics Magazine, 19(1): 20-31.
Mahesa, N.P. (2013). Analysis of Economic Growth and Inter-district Income Inequality in Gianyar Regency. E-Jurnal of EP Udayana University, 2(3):119-128.
Nehen, K. (2012). The Indonesian Economy. Denpasar: Udayana University Press.
Nudiatulhuda, Mangun. (2007). Analysis of Potential Economics of Districts and Cities in Central Sulawesi. Thesis. University of Diponegoro, Semarang.
Nugraha, R. Aga. (2007). Evaluation of Regional Economic Development in Bali after The Bomb Tragedy. Economic Study of Bank Indonesia, Denpasar.
Pamuji, T. (2011). Analysis of Leading Sectors in The Economic Structure of Lembongan Regency. Journal of Agroland, 7(1):1220-1240.
Prasetyantoko, A., Budiantoro, S., & Bahagijo, S. (2012). Inclusive Development: Indonesia’s Prospects and Challenges. Jakarta: LP3ES: Prakarsa.
Purnomo, D. & Istiqomah, D. (2008). Analysis of Industry Sectors Roles Against Economy of Central Java 2000-2004. Journal of Development Economics, 9(2):137-155. https://doi.org/10.23917/jep.v9i2.1021
Rahardja, P. dan Manurung, M. (2008a). Theory of Macroeconomics: An introduction. Jakarta: LPFEUI.
Richard S. and David S. Jacobson. (1996). Core Periphery Analysis for The European Union: A Location Quotient Approach. The Journal of Regional Analysis and Policy, 26 (1):3-21.
Rini, S. (2006). Analysis of Sectoral Economic Growth of 30 Provinces in Indonesia. Thesis. Faculty of Economics and Management, Institute of Agriculture Bogor.
Sjafrizal. (2012). Regional and urban economics. Jakarta: Raja Grafindo Persada.
Smagina, N. (2017). The Internationalization of The Meetings, Incentives, Conventions and Exhibitions (MICE) Industry: Its Influences on The Actors in The Tourism Business Activity. Journal of Economics and Management, 27 (1): 97 - 113. https://doi.org/10.22367/jem.2017.27.06
Steven, R., Jeffrey. S and Jong, WL. (2001). The Determinants and Prospects of Economic Growth in Asia. International Economic Journal, 15(3):24-56.
https://doi.org/10.1080/10168730100000041
Subandi. (2014). Economic Development. Bandung: Alfabeta.
Sugiyono. (2013). Business Research Methods. 17th Printed Edition. Bandung: Alfabeta.
Sukirno, Sadono. (2010). Introductory Macro Economic Theory. 3rd Edition. Jakarta: Rajawali Pers.
Utama, S.M, (2010). Economy Regional. Faculty of Economic and Business, Udayana University. Denpasar
Tarigan, Robinson. (2012). Regional Economics: Theory and Applications. Revised Edition. Jakarta: Bumi Aksara.
The Central Bureau of Indonesia Statistic. (2010). Gross National Product. Retrieved December 28, 2018, from www.bps.go.id
Todaro, M.P. (1995). The Economy for Developing Countries. Third Edition. Jakarta: Bumi Aksara
Wijaya, Kandi. (2015). The Future of Tourism in Bali (Problems and Solutions Perspective). Journal of Economic Research and Management, 15(1):118.
https://doi.org/10.17970/jrem.15.150109.ID
Wiwekananda, I.B and Utama, S.M. (2016). The shift of economic structure and leading sectors
in Buleleng Regency 2008-2013. Journal of Applied Quantitative Economics, 9(1):37-45.