This research examines: 1) to what extent is the competitiveness of Indonesian palm oil, especially CPO and RPO in the Indian market compared to similar products from Malaysia; and 2) what factors determine the competitiveness of Indonesian CPO and RPO exports in the Indian market. The research method uses the RCA and RSCA indices as well as the regression function to determine the dominant factors that affect the competitiveness of Indonesian CPO and RPO exports in the Indian market with data ranging from 1995 to 2021. The competitiveness of Indonesian CPO exports in the Indian market shows a more stable trend in the period 1996 to 2021 and the competitiveness of Malaysian CPO in that period has decreased slowly. The competitiveness of Indonesian and Malaysian RPO exports in the Indian market decreased in the Indian market from 1996 to 2013, then there was a strengthening of competitiveness from 2014 to 2019. The competitiveness of Indonesian CPO exports to the Indian market is influenced by the volume of Malaysian CPO exports to India, the Indonesian CPO export tax, the CPO import tax in India, the real exchange rate of the Rupiah against the US Dollar, and the real price of CPO on the world market. Furthermore, the competitiveness of Indonesian RPO exports in the Indian market is influenced by the volume of Malaysian RPO exports to India, the real exchange rate of the Rupiah against the US Dollar, the export price of RPO, the price of soybean oil on the world market, and the RPO import tax in India.
Natural rubber is an important commodity in the manufacturing industry and world trade. Natural rubber as a primary commodity is traded in larger quantities than processed rubber products, but with a smaller value. Several countries have become Indonesian traditional natural rubber markets such as the United States, Japan and East Asian countries as well as European Union countries. The purpose of the study was to analyze the impact of the COVID-19 pandemic on Indonesia's natural rubber import demand in the United States, Japan and European Union (EU-28) markets. The analysis uses the Regression Discontinuity Design (RDD) model to describe the behavior and demand curve for Indonesia's natural rubber imports (especially TSNR) before and during the covid-19 pandemic. The impact of the covid-19 pandemic caused a discontinuity of the demand curve for natural rubber imports in the period before and during the pandemic at the Cut-off point. Based on the estimation results of the RDD model, the magnitude of the impact of the COVID-19 pandemic on the demand for Indonesian natural rubber in the main importing countries can be assessed. The results of the analysis show that the COVID-19 pandemic has reduced the number of requests for imports of natural rubber from Indonesia in the Japanese market by an average of 22.34 percent, the United States by 10.25 percent, and the EU-28 by 4.49 percent per month during the pandemic.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
hi@scite.ai
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.