The EFFECT OF PER CAPITA INCOME, EXCHANGE RATES AND COUNTRY DISTANCE ON THE ARRIVAL OF FOREIGN TOURISTS IN THE PROVINCE OF THE SPECIAL CAPITAL REGION OF JAKARTA IN 2010 - 2020

Abstract

This study aims to analyze the effect of per capita income of tourists and the exchange rate of the country's currency of origin with the rupiah currency country, and the geographical distance of the country on the arrival of foreign tourists in the Special Capital Region of Jakarta. Methods This research uses secondary data obtained from the Central Statistics Agency, the World Bank and Google Maps, in the form of panel data from 2010 – 2020 in 10 countries with the largest tourist visits to DKI Jakarta Province with a descriptive quantitative model. Because in 2020 there was a COVID-19 pandemic, in this study using a dummy variable. Based on the results of the partial analysis of income per capita variables have a positive and significant effect, while the exchange rate, country distance  and the dummy the pandemic has a negative and significant effect on the arrival of foreign tourists in Jakarta, which is seen from the probability that is smaller than (0.05). Simultaneously all research variables have a significant effect on tourist arrivals and have an influence shown by R2 of 91.20%, this shows that the research variables can explain the variable of tourist arrivals and the remaining 8.80% is influenced by other factors.