IMPORT DISCLOSURE IN ECONOMY OF SMALL ISLANDS OF BALI, INDONESIA

Ngurah Wisnu Murthi, I Nyoman Gede Marta, Ni Rai Artini

Abstract: The research aims to find out: trends in the degree of openness of Balinese imports and their influence on the rate of growth of the Balinese economy, the nature of the elasticity of imports between provinces and abroad. Bali is a research area and was chosen because it has economic growth above the national (5-6 percent) and is in the center of the tourism industry, high population growth (above 2 percent per year), and people's income measured by GRDP is always increasing. The growing economy of the community has encouraged their ability to import various types of commodities to meet consumption needs. This reality inspired researchers to focus on researching the import problems of Bali Province. The analytical tools used are linear trends, multiple linear regression models, and income elasticity coefficients. Based on the results of this study it is expected to be able to reveal, that the trend of openness of imports in the Balinese economy is believed to be going forward, then the GRDP has a positive effect on imports between provinces and abroad, and finally the income elasticity of imports between provinces and abroad is thought to be inelastic. This inelastic character indicates that commodity imports between the provinces of Bali abroad are still limited to the basic commodities used to fulfill the consumption of local residents. With the findings of the above in the future, the community is advised to the government, the producer community to strive to increase production and at the same time the productivity of imported commodities, specifically those that can already be produced in Bali. For consumers of imported goods, they want to reduce consumption of imported goods and make maximum use of local products in all consumption activities.

Keywords: Economic Openness, Import Products, Import Elasticity, Income Elasticity.

Title: IMPORT DISCLOSURE IN ECONOMY OF SMALL ISLANDS OF BALI, INDONESIA

Author: Ngurah Wisnu Murthi, I Nyoman Gede Marta, Ni Rai Artini

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Research Publish Journals

Vol. 7, Issue 1, April 2019 – September 2019

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IMPORT DISCLOSURE IN ECONOMY OF SMALL ISLANDS OF BALI, INDONESIA by Ngurah Wisnu Murthi, I Nyoman Gede Marta, Ni Rai Artini