TRADE COMPLEMENTARITY DAN EXPORT SIMILARITY SERTA PENGARUHNYA TERHADAP EKSPOR INDONESIA KE NEGARA-NEGARA ANGGOTA OKI
Journal: Buletin Ilmiah Litbang Perdagangan (Vol.12, No. 1)Publication Date: 2018-07-31
Authors : Lili Retnosari; Nasrudin;
Page : 21-46
Keywords : Trade Complementarity; Export Similarity; OKI; Regresi Panel; OIC Countries; Panel Regression;
Abstract
In 2014, total Indonesian export to the Organization of Islamic Cooperation (OIC) member countries reached 14% of its total exports since the country joined the OIC in 1969. This study examines whether Indonesia's export products complement with the OIC member countries's import products. This study uses trade complementarity and export similarity index. Furthermore, those indexes tested the impact on Indonesia's export to the OIC member countries by using panel regression to identify the potential market. The results show that the OIC member countries are the potential export market because their import products match with the Indonesia's export products. It is indicated by high trade complementarity index that tends to rise and export similarity index which tends to decrease from 2000-2014. This is reinforced by panel regression results that conclude that both indexes give a significant positive effect to boost Indonesia's export. The OIC member countries that are potential export markets according to the model are Turkey, Egypt, Jordan, Djibouti, United Arab Emirates, Bangladesh, Pakistan, and Nigeria. Therefore, the government needs to increase export to potential countries through more intensive trade promotion and exhibition.
Other Latest Articles
- MAIZE SUPPLY RESPONSE IN INDONESIA
- THE IMPACT OF ZERO IMPORT TARIFF POLICY AND AIR POLLUTION PREVENTION AND CONTROL ACTION PLAN ON INDONESIAN COAL EXPORT TO CHINA
- POLICY OPTIONS TO LOWER RICE PRICES IN INDONESIA
- Impact of Yuan Devaluation on Indonesian EconomySimultaneous Equation Model Approach
- Georgian Supra as a Cultural Artifact
Last modified: 2020-08-08 13:06:10