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 by IRJEMS
Volume 3  Issue 9
Year of Publication : 2024
Authors : I Gusti Ngurah Made Nata Negara, Made Kembar Sri Budhi, Ida Ayu Nyoman Saskara, I Gusti Wayan Murjana Yasa
irjems doi : 10.56472/25835238/IRJEMS-V3I9P136

Citation:

I Gusti Ngurah Made Nata Negara, Made Kembar Sri Budhi, Ida Ayu Nyoman Saskara, I Gusti Wayan Murjana Yasa. "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, Vol. 3, No. 9, pp. 323-331, 2024.

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.

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Keywords:

changes in economic structure, social welfare, income inequality.