ASSESSING INDONESIA-CHILE BILATERAL TRADE OPPORTUNITIES: A REVEALED COMPARATIVE ADVANTAGE APPROACH

Abstract This paper analyzes the Indonesia-Chile bilateral trade opportunities based on their respective export competitiveness uses the Revealed Comparative Advantage Index for 2012. It finds that in general Indonesian exports to Chile are based on its comparative advantage, but the current expor...

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Main Authors: Sulthon Sjahril Sabaruddin, Hartanti Nugrahaningsih
Format: Article
Language:English
Published: Universitas Islam Indonesia 2013-04-01
Series:Economic Journal of Emerging Markets
Subjects:
Online Access:http://uiistage.openjournaltheme.com/3310/index.php/JEP/article/view/3677
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author Sulthon Sjahril Sabaruddin
Hartanti Nugrahaningsih
author_facet Sulthon Sjahril Sabaruddin
Hartanti Nugrahaningsih
author_sort Sulthon Sjahril Sabaruddin
collection DOAJ
description Abstract This paper analyzes the Indonesia-Chile bilateral trade opportunities based on their respective export competitiveness uses the Revealed Comparative Advantage Index for 2012. It finds that in general Indonesian exports to Chile are based on its comparative advantage, but the current exports still do not reflect its potential as most of the top ten Indonesian commodities with the strongest comparative advantage still do not able to penetrate the Chilean market. Meanwhile, the majority of the top-ten Chilean exports to Indonesia are based on its comparative advantage. Thus, both nations can still enhance bilateral trade relations particularly concerning with boosting trade relations based on their comparative advantage. Keywords: Comparative Advantage, Export Competitiveness, Bilateral Trade JEL classification numbers: F14, F15, F17 Abstrak Makalah ini menganalisis peluang perdagangan bilateral Indonesia-Chile berdasarkan daya saing ekspor masing-masing negara menggunakan index Revealed Comparative Advantage untuk 2012. Paper ini menemukan bahwa, secara umum, ekspor Indonesia ke Chile didasarkan pada keunggulan komparatif, tetapi ekspor saat ini masih belum mencerminkan semua potensi ekspornya karena kebanyakan dari sepuluh komoditas Indonesia dengan keunggulan komparatif terkuat masih belum mampu menembus pasar Chili. Sementara itu, sebagian besar dari sepuluh-besar ekspor Chili ke Indonesia telah didasarkan pada keunggulan komparatif. Dengan demikian, kedua negara masih bisa meningkatkan hubungan perdagangan bilateral terutama terkait dengan upaya perdagangan berdasarkan keunggulan komparatif masing-masing negara. Keywords: Keunggulan komparatif, daya saing ekspor, perdagangan bilateral JEL classification numbers: F14, F15, F17
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spelling doaj.art-1dfdde929a6948c191eef9b35e692bca2022-12-22T01:45:07ZengUniversitas Islam IndonesiaEconomic Journal of Emerging Markets2086-31282502-180X2013-04-0151ASSESSING INDONESIA-CHILE BILATERAL TRADE OPPORTUNITIES: A REVEALED COMPARATIVE ADVANTAGE APPROACHSulthon Sjahril Sabaruddin0Hartanti Nugrahaningsih1Faculty of Economics Universitas 17 Agustus 1945 JakartaFaculty of Economics Universitas 17 Agustus 1945 Jakarta Abstract This paper analyzes the Indonesia-Chile bilateral trade opportunities based on their respective export competitiveness uses the Revealed Comparative Advantage Index for 2012. It finds that in general Indonesian exports to Chile are based on its comparative advantage, but the current exports still do not reflect its potential as most of the top ten Indonesian commodities with the strongest comparative advantage still do not able to penetrate the Chilean market. Meanwhile, the majority of the top-ten Chilean exports to Indonesia are based on its comparative advantage. Thus, both nations can still enhance bilateral trade relations particularly concerning with boosting trade relations based on their comparative advantage. Keywords: Comparative Advantage, Export Competitiveness, Bilateral Trade JEL classification numbers: F14, F15, F17 Abstrak Makalah ini menganalisis peluang perdagangan bilateral Indonesia-Chile berdasarkan daya saing ekspor masing-masing negara menggunakan index Revealed Comparative Advantage untuk 2012. Paper ini menemukan bahwa, secara umum, ekspor Indonesia ke Chile didasarkan pada keunggulan komparatif, tetapi ekspor saat ini masih belum mencerminkan semua potensi ekspornya karena kebanyakan dari sepuluh komoditas Indonesia dengan keunggulan komparatif terkuat masih belum mampu menembus pasar Chili. Sementara itu, sebagian besar dari sepuluh-besar ekspor Chili ke Indonesia telah didasarkan pada keunggulan komparatif. Dengan demikian, kedua negara masih bisa meningkatkan hubungan perdagangan bilateral terutama terkait dengan upaya perdagangan berdasarkan keunggulan komparatif masing-masing negara. Keywords: Keunggulan komparatif, daya saing ekspor, perdagangan bilateral JEL classification numbers: F14, F15, F17 http://uiistage.openjournaltheme.com/3310/index.php/JEP/article/view/3677Comparative AdvantageExport CompetitivenessBilateral Trade
spellingShingle Sulthon Sjahril Sabaruddin
Hartanti Nugrahaningsih
ASSESSING INDONESIA-CHILE BILATERAL TRADE OPPORTUNITIES: A REVEALED COMPARATIVE ADVANTAGE APPROACH
Economic Journal of Emerging Markets
Comparative Advantage
Export Competitiveness
Bilateral Trade
title ASSESSING INDONESIA-CHILE BILATERAL TRADE OPPORTUNITIES: A REVEALED COMPARATIVE ADVANTAGE APPROACH
title_full ASSESSING INDONESIA-CHILE BILATERAL TRADE OPPORTUNITIES: A REVEALED COMPARATIVE ADVANTAGE APPROACH
title_fullStr ASSESSING INDONESIA-CHILE BILATERAL TRADE OPPORTUNITIES: A REVEALED COMPARATIVE ADVANTAGE APPROACH
title_full_unstemmed ASSESSING INDONESIA-CHILE BILATERAL TRADE OPPORTUNITIES: A REVEALED COMPARATIVE ADVANTAGE APPROACH
title_short ASSESSING INDONESIA-CHILE BILATERAL TRADE OPPORTUNITIES: A REVEALED COMPARATIVE ADVANTAGE APPROACH
title_sort assessing indonesia chile bilateral trade opportunities a revealed comparative advantage approach
topic Comparative Advantage
Export Competitiveness
Bilateral Trade
url http://uiistage.openjournaltheme.com/3310/index.php/JEP/article/view/3677
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AT hartantinugrahaningsih assessingindonesiachilebilateraltradeopportunitiesarevealedcomparativeadvantageapproach