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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Format: | Article |
Language: | English |
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Universitas Islam Indonesia
2013-04-01
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Series: | Economic Journal of Emerging Markets |
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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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first_indexed | 2024-12-10T14:24:20Z |
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id | doaj.art-1dfdde929a6948c191eef9b35e692bca |
institution | Directory Open Access Journal |
issn | 2086-3128 2502-180X |
language | English |
last_indexed | 2024-12-10T14:24:20Z |
publishDate | 2013-04-01 |
publisher | Universitas Islam Indonesia |
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series | Economic Journal of Emerging Markets |
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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