Pengaruh Sektor Pariwisata di Delapan Kabupaten Kawasan Danau Toba terhadap Pertumbuhan Ekonomi Sumatera Utara

Abstract

The study aims to examine the effect of hotel room occupancy, the average length of stay of international and domestic tourists, and the number of accommodations on the economic growth in North Sumatra. Secondary data from 2013 to 2022 from the eight regencies surrounding Lake Toba are ured and processed using the panel data analysis model with Eviews 10. After conducting a model selection test with Chow and Hausman Test, the Fixed Effect Model (FEM) is identified as the most suitable model for this study. Based on the FEM analysis. it is found that hotel occupancy rates have a positive and significant effect on economic growth. However, the average length of stay of international and domestic tourists, as well as the number of accommodations, do not show significant effects on economic growth. Nevertheless, collectively, the hotel occupancy rate, the length of stay of International and domestic tourists, and the number of accommodations have a simultaneous effect on the economic growth of North Sumatra. The correlation test (Adj-R2) for the research variables in this study reaches 0.158089.