Analysis of the Impact of Changes in Economic Structure on the Welfare of the Community of Bali Province

Regional economic development is part of the national development implementation that is carried out in a region.Structural change is the main characteristic of development through the process of accumulation, namely allocation and distribution.It is the result of the intertwining of supply effects with demand effects in relation to increases in income.The demand for the tourism industry has resulted in changes in the economic structure of Bali Province.This research discusses the impact of changes in economic structure, income inequality and employment opportunities on community welfare in Bali Province.The research results show that changes in economic structure, income inequality and employment opportunities have no impact on the welfare of the people in Bali Province.These results need to be addressed with strategic steps in responding to changes in the economic structure so that community welfare can be improved.

Publication Details

Journal
International Research Journal of Economics and Management Studies
Published
2024-09-30
DOI
https://doi.org/10.56472/25835238/irjems-v3i9p136
Primary Topic
Economic Growth and Fiscal Policies
Type
article
Field-Weighted Citation Impact
0.00
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Analysis of the Impact of Changes in Economic Structure on the Welfare of the Community of Bali Province

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International Research Journal of Economics and Management Studies
Economic Growth and Fiscal Policies
article

Analysis of the Impact of Changes in Economic Structure on the Welfare of the Community of Bali Province

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Abstract

Regional economic development is part of the national development implementation that is carried out in a region.Structural change is the main characteristic of development through the process of accumulation, namely allocation and distribution.It is the result of the intertwining of supply effects with demand effects in relation to increases in income.The demand for the tourism industry has resulted in changes in the economic structure of Bali Province.This research discusses the impact of changes in economic structure, income inequality and employment opportunities on community welfare in Bali Province.The research results show that changes in economic structure, income inequality and employment opportunities have no impact on the welfare of the people in Bali Province.These results need to be addressed with strategic steps in responding to changes in the economic structure so that community welfare can be improved.

International Research Journal of Economics and Management StudiesVol. 3(9)
Reduced inequalities
Openalex Percentile: Top 66%
Economic Growth and Fiscal Policies
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Analysis of the Impact of Changes in Economic Structure on the Welfare of the Community of Bali Province · International Research Journal of Economics and Management Studies (2024) | TGRS Research Map | TGRS