A PLS-SEM Structural Equation Model Analysis of Causes and Effects for Formula E Car Racing in Jakarta Tourism Destinations

Setiawan, Zunan and Asakdiyah, Salamatun and Adhilla, Fitroh (2022) A PLS-SEM Structural Equation Model Analysis of Causes and Effects for Formula E Car Racing in Jakarta Tourism Destinations. In: The 3rd International Conference of Business, Accounting and Economics 2022, 10 Agustus 2022 - 11 Agustus 2022, Purwokerto.

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Abstract

Tour Formula E electric car racing in Jakarta, Indonesia has contributed to the growth of the sports
and tourist industries in Indonesia, particularly in Jakarta's Special Capital Region. As the host city, Jakarta
attracts a large number of awe-inspiring travelers. This study aims to examine the causes and outcomes of
tourist destinations in Jakarta, Indonesia, as a tourist destination for Formula E electric car racing among
tourists. An online questionnaire was utilized to collect data from 382 respondents in order to evaluate the
relationship hypothesis. Using PLS SEM software based on SMART PLS Version 3.3.2, the data were analyzed
using a structural equation modeling technique. The results indicate that state knowledge, safety and security,
accessibility, price reasonableness, word-of-mouth, and social media are significant predictors of Jakarta,
Indonesia's image as a tourist destination for Formula E electric car racing, which in turn influences perceived
value and intention to return. We have examined the theoretical and managerial consequences of research. A
lucrative market that contributes significantly to the tourism industry.

Item Type: Conference or Workshop Item (Paper)
Subjects: H Social Sciences > HN Social history and conditions. Social problems. Social reform
Divisi / Prodi: Master (Magister) > Master of Managemen (Magister Manajemen)
Depositing User: Dr Salamatun Asakdiyah
Date Deposited: 23 Nov 2022 02:20
Last Modified: 23 Nov 2022 02:20
URI: http://eprints.uad.ac.id/id/eprint/37579

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