ANALISIS BIBLIOMETRIK INVESTASI ASING LANGSUNG TERKAIT PENELITIAN PARIWISATA BERBASIS DATABASE ILMIAH SCOPUS
DOI:
https://doi.org/10.35794/jmbi.v11i1.54655Abstract
This paper aims to analyse scientific research trends on Foreign Direct Investment (FDI) through bibliometric studies. This paper extensively investigates all articles published through Scopus regarding FDI in the Tourism context. The author found 275 papers that met the function, subject, and requirements using the phrases Foreign Direct Investment (FDI) and Tourism. The author used Vos Viewer as an analysis tool and the Scopus website database was chosen as the research data source. Publications related to the FDI concept found in the 2013-2023 period based on the Scopus index database showed a significant increase in 2019. As economic globalization continues to develop, interest in foreign direct investment (FDI) has also increased. The highest number of publications in the last ten years occurred in 2023. Judging from the country of origin of the publications, China is the leading country in terms of the number of authors, universities, number of documents, citations and research collaborations related to FDI. Current research trends are summarized into four cluster maps that can illustrate future research directions: Economic Analysis, air transportation, environmental policy, and economic growth. The approach taken by Zupic & Čater conceptually influences the framework for building dimensions and indicators used to measure FDI. The author only focuses on collecting publication data from the Scopus database, so research with other data sources may produce different research patterns to this FDI bibliometric research. This research presents a concise overview of bibliometric studies on FDI and provides recommendations for future research directions in mapping theme and subtheme clusters. Currently, research examining FDI in the context of tourism is still very limited, specially complete insights regarding the literature review of FDI in the export context.
Key Words : Analisis Bibliometrik, Foreign Direct Investment, Tourism, Scopus, Vos viewer.
References
Abbasi, M. A., Nosheen, M., & Rahman, H. U. (2023). An approach to the pollution haven and pollution halo hypotheses in Asian countries. Environmental Science and Pollution Research, 30(17). https://doi.org/10.1007/s11356-023-25548-x
Adedoyin, F. F., Bekun, F. V., Driha, O. M., & Balsalobre-Lorente, D. (2020). The effects of air transportation, energy, ICT and FDI on economic growth in the industry 4.0 era: Evidence from the United States. Technological Forecasting and Social Change, 160. https://doi.org/10.1016/j.techfore.2020.120297
Agyeman, F. O., Zhiqiang, M., Li, M., Sampene, A. K., Dapaah, M. F., Kedjanyi, E. A. G., Buabeng, P., Li, Y., Hakro, S., & Heydari, M. (2022). Probing the Effect of Governance of Tourism Development, Economic Growth, and Foreign Direct Investment on Carbon Dioxide Emissions in Africa: The African Experience. Energies, 15(13). https://doi.org/10.3390/en15134530
Alfatiha, R. A., Chan, A., & Muftiadi, A. (2022). Bibliometric Analysis: Partnership in Achieving Competitive Advantage. Owner, 7(1). https://doi.org/10.33395/owner.v7i1.1251
Arain, H., Han, L., Sharif, A., & Meo, M. S. (2020). Investigating the effect of inbound tourism on FDI: The importance of quantile estimations. Tourism Economics, 26(4). https://doi.org/10.1177/1354816619859695
Arulmozhi, S. J., Praveenkumar, K., & Vinayagamoorthi, G. (2019). Medical tourism in India. International Journal of Recent Technology and Engineering, 8(2 Special Issue 10). https://doi.org/10.35940/ijrte.B1123.0982S1019
Balsalobre-Lorente, D., Driha, O. M., Leitão, N. C., & Murshed, M. (2021). The carbon dioxide neutralizing effect of energy innovation on international tourism in EU-5 countries under the prism of the EKC hypothesis. Journal of Environmental Management, 298. https://doi.org/10.1016/j.jenvman.2021.113513
Balsalobre-Lorente, D., Luzon, L. I., Usman, M., & Jahanger, A. (2023). The relevance of international tourism and natural resource rents in economic growth: Fresh evidence from MINT countries in the digital era. Environmental Science and Pollution Research, 30(34). https://doi.org/10.1007/s11356-022-25022-0
Bekun, F. V., Adedoyin, F. F., Lorente, D. B., & Driha, O. M. (2022). Designing policy framework for sustainable development in Next-5 largest economies amidst energy consumption and key macroeconomic indicators. Environmental Science and Pollution Research, 29(11). https://doi.org/10.1007/s11356-021-16820-z
Bekun, F. V., Gyamfi, B. A., Bamidele, R. O., & Udemba, E. N. (2022). Tourism-induced emission in Sub-Saharan Africa: A Panel Study for Oil-Producing and Non-oil-Producing countries. Environmental Science and Pollution Research, 29(27). https://doi.org/10.1007/s11356-021-18262-z
Ben Jebli, M., Ben Youssef, S., & Apergis, N. (2019). The dynamic linkage between renewable energy, tourism, CO 2 emissions, economic growth, foreign direct investment, and trade. Latin American Economic Review, 28(1). https://doi.org/10.1186/s40503-019-0063-7
Blonigen, B. A., & Piger, J. (2019). Determinants of foreign direct investment. In Foreign Direct Investment. https://doi.org/10.1142/9789813277014_0001
Bui, H. M., Van Nguyen, S., Huynh, A. T., Bui, H. N., Nguyen, H. T. T., Perng, Y. S., Bui, X. T., & Nguyen, H. T. (2023). Correlation between nitrous oxide emissions and economic growth in Vietnam: An autoregressive distributed lag analysis. Environmental Technology and Innovation, 29. https://doi.org/10.1016/j.eti.2022.102989
Camilleri, M. A. (2018). The Tourism Industry: An Overview. In Tourism, Hospitality and Event Management. https://doi.org/10.1007/978-3-319-49849-2_1
Chen, Q. (2023). The impact of economic and environmental factors and tourism policies on the sustainability of tourism growth in China: evidence using novel NARDL model. Environmental Science and Pollution Research, 30(7). https://doi.org/10.1007/s11356-022-22925-w
Chen, Y., Zhang, J., & Chen, H. (2023). An economic analysis of sustainable tourism development in China. Economic Change and Restructuring, 56(4). https://doi.org/10.1007/s10644-023-09512-w
Collins, D. (2023). Introduction to Foreign Direct Investment. In An Introduction to International Investment Law. https://doi.org/10.1017/9781009245715.002
Costa, C. (2023). Tourism Planning. In Encyclopedia of Tourism Management and Marketing. https://doi.org/10.4337/9781800377486.tourism.planning
Donthu, N., Kumar, S., Mukherjee, D., Pandey, N., & Lim, W. M. (2021). How to conduct a bibliometric analysis: An overview and guidelines. Journal of Business Research, 133. https://doi.org/10.1016/j.jbusres.2021.04.070
Ehigiamusoe, K. U., Shahbaz, M., & Vo, X. V. (2023). How Does Globalization Influence the Impact of Tourism on Carbon Emissions and Ecological Footprint? Evidence from African Countries. Journal of Travel Research, 62(5). https://doi.org/10.1177/00472875221113886
Fam, K. S., Liat Cheng, B., Cham, T. H., Tan Chia Yi, M., & Ting, H. (2023). The Role of Cultural Differences in Customer Retention: Evidence from the High-Contact Service Industry. Journal of Hospitality and Tourism Research, 47(1). https://doi.org/10.1177/10963480211014944
Fatima, T., Saeed Meo, M., Bekun, F. V., & Ibrahim, T. O. (2021). The impact of energy consumption to environmental sustainability: an extension of foreign direct investment induce pollution in Vietnam. International Journal of Energy Sector Management, 15(6). https://doi.org/10.1108/IJESM-01-2021-0001
García-Villar, C., & García-Santos, J. M. (2021). Bibliometric indicators to evaluate scientific activity. Radiologia, 63(3). https://doi.org/10.1016/j.rx.2021.01.002
Grasso, F., & Schilirò, D. (2023). Tourism, Environment, and Sustainability. In Environmental Footprints and Eco-Design of Products and Processes. https://doi.org/10.1007/978-3-031-28457-1_2
Handoyo, R. D., Rahmawati, Y., Altamirano, O. G. R., Ahsani, S. F., Hudang, A. K., & Haryanto, T. (2022). An Empirical Investigation between FDI, Tourism, and Trade on CO2 Emission in Asia: Testing Environmental Kuznet Curve and Pollution Haven Hypothesis. International Journal of Energy Economics and Policy, 12(4). https://doi.org/10.32479/ijeep.13242
Hussein, S. H., Kusairi, S., & Ismail, F. (2021). The impact of educational tourism on economic growth: A panel data analysis. International Journal of Business and Globalisation, 28(1–2). https://doi.org/10.1504/IJBG.2021.115301
Joshi, M. A. (2015). Bibliometric indicators for evaluating the quality of scientific publications. Journal of Contemporary Dental Practice, 15(2). https://doi.org/10.5005/jp-journals-10024-1525
Katircioglu, S., Katircioğlu, S., & Altinay, M. (2018). Interactions between tourism and financial sector development: evidence from Turkey. Service Industries Journal, 38(9–10). https://doi.org/10.1080/02642069.2017.1406479
Khan, A., Bibi, S., Lorenzo, A., Lyu, J., & Babar, Z. U. (2020). Tourism and development in developing economies: A policy implication perspective. Sustainability (Switzerland), 12(4). https://doi.org/10.3390/su12041618
Khan, H. U. R., Zaman, K., Shoukry, A. M., Sharkawy, M. A., Gani, S., Sasmoko, Ahmad, J., Rameli, M. R. M., & Hishan, S. S. (2019). Tourism logistics management through financial and regulatory measures: evidence from a panel of countries. Asia Pacific Journal of Tourism Research, 24(5). https://doi.org/10.1080/10941665.2019.1588760
Khan, S., Azam, M., Ozturk, I., & Saleem, S. F. (2022). Analysing Association in Environmental Pollution, Tourism and Economic Growth: Empirical Evidence from the Commonwealth of Independent States. Journal of Asian and African Studies, 57(8). https://doi.org/10.1177/00219096211058881
Khan, Y. A., & Ahmad, M. (2021). Investigating the impact of renewable energy, international trade, tourism, and foreign direct investment on carbon emission in developing as well as developed countries. Environmental Science and Pollution Research, 28(24). https://doi.org/10.1007/s11356-021-12937-3
Khoshnevis Yazdi, S., Nateghian, N., & Sheikh Rezaie, N. (2017). The causality relationships between tourism development and foreign direct investment: an empirical study in EU countries. Journal of Policy Research in Tourism, Leisure and Events, 9(3). https://doi.org/10.1080/19407963.2017.1297310
Kilinc-Ata, N., & Alshami, M. (2023). Analysis of how environmental degradation affects clean energy transition: evidence from the UAE. Environmental Science and Pollution Research, 30(28). https://doi.org/10.1007/s11356-023-27540-x
Klona, M., Menzies, J., & Zutshi, A. (2021). Mapping terrorism in the academic landscape of business field of study: a bibliometric study of the past 30 years. International Journal of Conflict Management, 32(5). https://doi.org/10.1108/IJCMA-12-2020-0200
Lee, J. W., & Brahmasrene, T. (2013). Investigating the influence of tourism on economic growth and carbon emissions: Evidence from panel analysis of the European Union. Tourism Management, 38. https://doi.org/10.1016/j.tourman.2013.02.016
Li, X., Huang, S. (Sam), & Song, C. (2017). China’s outward foreign direct investment in tourism. Tourism Management, 59. https://doi.org/10.1016/j.tourman.2016.07.007
Lindseth, P. L. (2022). The Brussels Effect: How the European Union Rules the World. The American Journal of Comparative Law, 70(3). https://doi.org/10.1093/ajcl/avad001
Liu, Y., Sadiq, F., Ali, W., & Kumail, T. (2022). Does tourism development, energy consumption, trade openness and economic growth matters for ecological footprint: Testing the Environmental Kuznets Curve and pollution haven hypothesis for Pakistan. Energy, 245. https://doi.org/10.1016/j.energy.2022.123208
Nathaniel, S. P., Solomon, C. J., Ajide, K. B., Ahmed, Z., & Fakher, H. A. (2023). Striving towards carbon neutrality in emerging markets: the combined influence of international tourism and eco-friendly technology. International Journal of Sustainable Development and World Ecology, 30(7). https://doi.org/10.1080/13504509.2023.2195831
Nawaz, M. Z., Guo, J., Nawaz, S., & Hussain, S. (2023). Sustainable development goals perspective: nexus between Christians’ religious tourism, geopolitical risk, and CO2 pollution in Italy. Environmental Science and Pollution Research, 30(22). https://doi.org/10.1007/s11356-023-26463-x
O’Connor, K., Fuellhart, K., & Kim, H. M. (2020). Economic influences on air transport in Vietnam 2006–2019. Journal of Transport Geography, 86. https://doi.org/10.1016/j.jtrangeo.2020.102764
Paramati, S. R., Shahbaz, M., & Alam, M. S. (2017). Does tourism degrade environmental quality? A comparative study of Eastern and Western European Union. Transportation Research Part D: Transport and Environment, 50. https://doi.org/10.1016/j.trd.2016.10.034
Pasikowska-Schnass, M. (2018). Cultural heritage in EU policies. European Parliamentary Research Service.
Pata, U. K., Dam, M. M., & Kaya, F. (2023). How effective are renewable energy, tourism, trade openness, and foreign direct investment on CO2 emissions? An EKC analysis for ASEAN countries. Environmental Science and Pollution Research, 30(6). https://doi.org/10.1007/s11356-022-23160-z
Qamruzzaman, M. (2023). Empowering Malaysian tourism with clean energy, sustainable environment, and inward FDI: evidence from symmetric and asymmetric assessment. Environmental Science and Pollution Research, 30(49). https://doi.org/10.1007/s11356-023-29825-7
Rasvanis, E., & Tselios, V. (2022). Geography as a locational determinant of foreign direct investments in tourism and transport in Greece: a comparison with domestic investments. GeoJournal, 87(3). https://doi.org/10.1007/s10708-020-10327-9
Roudi, S., Arasli, H., & Akadiri, S. Saint. (2019). New insights into an old issue–examining the influence of tourism on economic growth: evidence from selected small island developing states. Current Issues in Tourism, 22(11). https://doi.org/10.1080/13683500.2018.1431207
Ruiz-Real, J. L., Uribe-Toril, J., Valenciano, J. D. P., & Gázquez-Abad, J. C. (2018). Worldwide research on circular economy and environment: A bibliometric analysis. International Journal of Environmental Research and Public Health, 15(12). https://doi.org/10.3390/ijerph15122699
Shramenko, N., Merkisz-Guranowska, A., Kiciński, M., & Shramenko, V. (2022). MODEL OF OPERATIONAL PLANNING OF FREIGHT TRANSPORTATION BY TRAM AS PART OF A GREEN LOGISTICS SYSTEM. Archives of Transport, 63(3). https://doi.org/10.5604/01.3001.0015.9929
Sokhanvar, A., & Jenkins, G. P. (2022a). FDI, tourism, and accelerating the rate of economic growth in Spain. Journal of International Trade and Economic Development, 31(4). https://doi.org/10.1080/09638199.2021.1988135
Sokhanvar, A., & Jenkins, G. P. (2022b). Impact of foreign direct investment and international tourism on long-run economic growth of Estonia. Journal of Economic Studies, 49(2). https://doi.org/10.1108/JES-11-2020-0543
Sou, J. P. U., & Vinnicombe, T. (2023). Does governance quality matter for FDI-led tourism development? A supply-side perspective. Tourism Economics, 29(2). https://doi.org/10.1177/13548166211052814
Tomohara, A. (2016). Japan’s tourism-led foreign direct investment inflows: An empirical study. Economic Modelling, 52. https://doi.org/10.1016/j.econmod.2015.09.024
Udemba, E. N., Magazzino, C., & Bekun, F. V. (2020). Modeling the nexus between pollutant emission, energy consumption, foreign direct investment, and economic growth: new insights from China. Environmental Science and Pollution Research, 27(15). https://doi.org/10.1007/s11356-020-08180-x
Vasanicova, P., Jencova, S., Gavurova, B., & Bacik, R. (2021). FACTORS INFLUENCING BUSINESS ENVIRONMENT WITHIN TRAVEL AND TOURISM COMPETITIVENESS. Economics and Sociology, 14(4). https://doi.org/10.14254/2071-789X.2021/14-4/15
Wang, S., Abbas, J., Al-Sulati, K. I., & Shah, S. A. R. (2023). The Impact of Economic Corridor and Tourism on Local Community’s Quality of Life under One Belt One Road Context. Evaluation Review. https://doi.org/10.1177/0193841X231182749
Xue, C., Tu, Y. Te, Ananzeh, M., Aljumah, A. I., Trung, L. M., & Ngo, T. Q. (2023). The role of economic conditions and sustainable rural development on the sustainability of tourism development: evidence from China. Environmental Science and Pollution Research, 30(11). https://doi.org/10.1007/s11356-022-24062-w
Yuliadi, I. (2023). Determinants of Local Government Revenue: A Survey of Regional Economic Development in Indonesia. Quality - Access to Success, 24(193). https://doi.org/10.47750/QAS/24.193.23
Zheng, C., Wu, S., Teng, Y. P., Wu, S., & Wang, Z. (2023). Natural resources, tourism resources and economic growth: A new direction to natural resources perspective and investment. Resources Policy, 86. https://doi.org/10.1016/j.resourpol.2023.104134
Zhuang, Y., Yang, S., Razzaq, A., & Khan, Z. (2022). Environmental impact of infrastructure-led Chinese outward FDI, tourism development and technology innovation: a regional country analysis. Journal of Environmental Planning and Management, 66(2). https://doi.org/10.1080/09640568.2021.1989672
Zupic, I., & Čater, T. (2015). Bibliometric Methods in Management and Organization. Organizational Research Methods, 18(3). https://doi.org/10.1177/1094428114562629