Competitiveness Analysis and Factors Affecting Indonesian Cinnamon Exports
Cinnamon is one of the plantation spice commodities that contributes to the Indonesian economy. Indonesia is the largest exporter country in the world regarding the total export volume of cinnamon, but regarding the total value of exports, Indonesia comes in second after Sri Lanka. This study aims t...
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MDPI AG
2023-02-01
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Online Access: | https://www.mdpi.com/2227-7099/11/2/55 |
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author | Dini Rochdiani Eliana Wulandari |
author_facet | Dini Rochdiani Eliana Wulandari |
author_sort | Dini Rochdiani |
collection | DOAJ |
description | Cinnamon is one of the plantation spice commodities that contributes to the Indonesian economy. Indonesia is the largest exporter country in the world regarding the total export volume of cinnamon, but regarding the total value of exports, Indonesia comes in second after Sri Lanka. This study aims to analyze the comparative competitiveness of Indonesian cinnamon among major competitors in the United States’ market and to analyze the factors that influence the competitiveness of Indonesian cinnamon exports in the United States. The data used in this study comprise secondary data from 2007 to 2021 obtained from various data sources. The revealed comparative advantage method was used in a comparative competitiveness analysis. Moreover, the factors that affect the competitiveness of Indonesian cinnamon exports in the United States were analyzed using the ordinary least squares method. The results of the analysis show that Indonesian cinnamon is competitive in the United States’ market, but Sri Lanka’s cinnamon exports have stronger competitiveness than Indonesia’s in the United States’ market. The results of the ordinary least squares method show that the exchange rate of the IDR (rupiah) against the USD, the volume of Indonesian cinnamon exports, the GDP per capita of the USA and the value of cinnamon exports to the USA have a significant effect on the competitiveness of Indonesian cinnamon exports to the United States. |
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format | Article |
id | doaj.art-b7020a5f0ac346ae8ba3bf742362dfca |
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issn | 2227-7099 |
language | English |
last_indexed | 2024-03-11T08:56:13Z |
publishDate | 2023-02-01 |
publisher | MDPI AG |
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series | Economies |
spelling | doaj.art-b7020a5f0ac346ae8ba3bf742362dfca2023-11-16T20:07:37ZengMDPI AGEconomies2227-70992023-02-011125510.3390/economies11020055Competitiveness Analysis and Factors Affecting Indonesian Cinnamon ExportsDini Rochdiani0Eliana Wulandari1Department of Agricultural Social and Economics, Faculty of Agriculture, Universitas Padjadjaran, Sumedang 45363, IndonesiaDepartment of Agricultural Social and Economics, Faculty of Agriculture, Universitas Padjadjaran, Sumedang 45363, IndonesiaCinnamon is one of the plantation spice commodities that contributes to the Indonesian economy. Indonesia is the largest exporter country in the world regarding the total export volume of cinnamon, but regarding the total value of exports, Indonesia comes in second after Sri Lanka. This study aims to analyze the comparative competitiveness of Indonesian cinnamon among major competitors in the United States’ market and to analyze the factors that influence the competitiveness of Indonesian cinnamon exports in the United States. The data used in this study comprise secondary data from 2007 to 2021 obtained from various data sources. The revealed comparative advantage method was used in a comparative competitiveness analysis. Moreover, the factors that affect the competitiveness of Indonesian cinnamon exports in the United States were analyzed using the ordinary least squares method. The results of the analysis show that Indonesian cinnamon is competitive in the United States’ market, but Sri Lanka’s cinnamon exports have stronger competitiveness than Indonesia’s in the United States’ market. The results of the ordinary least squares method show that the exchange rate of the IDR (rupiah) against the USD, the volume of Indonesian cinnamon exports, the GDP per capita of the USA and the value of cinnamon exports to the USA have a significant effect on the competitiveness of Indonesian cinnamon exports to the United States.https://www.mdpi.com/2227-7099/11/2/55competitivenesscinnamonIndonesiarevealed comparative advantage |
spellingShingle | Dini Rochdiani Eliana Wulandari Competitiveness Analysis and Factors Affecting Indonesian Cinnamon Exports Economies competitiveness cinnamon Indonesia revealed comparative advantage |
title | Competitiveness Analysis and Factors Affecting Indonesian Cinnamon Exports |
title_full | Competitiveness Analysis and Factors Affecting Indonesian Cinnamon Exports |
title_fullStr | Competitiveness Analysis and Factors Affecting Indonesian Cinnamon Exports |
title_full_unstemmed | Competitiveness Analysis and Factors Affecting Indonesian Cinnamon Exports |
title_short | Competitiveness Analysis and Factors Affecting Indonesian Cinnamon Exports |
title_sort | competitiveness analysis and factors affecting indonesian cinnamon exports |
topic | competitiveness cinnamon Indonesia revealed comparative advantage |
url | https://www.mdpi.com/2227-7099/11/2/55 |
work_keys_str_mv | AT dinirochdiani competitivenessanalysisandfactorsaffectingindonesiancinnamonexports AT elianawulandari competitivenessanalysisandfactorsaffectingindonesiancinnamonexports |