Main Article Content
Abstract
Abstract
Purpose – This study aims to analyze the factors that influence Indonesian shrimp exports to the United States.
Methods – This study is an empirical study using time series data for the period 1989-2018. This study uses integration testing with Bond Test and Autoregressive Distributed Lag (ARDL) models.
Findings – The results of this study are the Gross Domestic Product (GDP USA) variable, the rupiah exchange rate against the dollar, the domestic shrimp price (Indonesia), the price of competing country shrimp (India), and the international shrimp price together have a significant influence on the volume of Indonesian shrimp exports. to the United States.
Implication – The implication of the results of this study is that the government and related agencies must be able to maintain and improve trade relations with export destination countries. Increase or expand the market share of shrimp to other countries in order to gain added value and create new superior products.
Originality – This study contributes to the analysis of the factors that affect Indonesian shrimp exports to the United States using the Autoregressive Distributed Lag (ARDL) approach.
Abstrak
Tujuan – Penelitian ini bertujuan untuk menganalisis faktor-faktor yang mempengaruhi ekspor udang Indonesia ke Amerika Serikat.
Metode – Penelitian ini merupakan penelitian empiris menggunakan data time series untuk periode 1989-2018. Penelitian ini menggunakan pengujian kontegrasi dengan Bond Test dan Autoregressive Distributed Lag (ARDL) model.
Temuan – Hasil penelitian ini adalah variabel Gross Domestic Bruto (GDP USA), kurs rupiah tehadap dolar, harga udang domestic (Indonesia), harga udang Negara Pesaing (India), dan harga udang Internasional secara bersama-sama memiliki pengaruh yang signifikan terhadap Volume ekspor udang Indonesia ke Amerika Serikat.
Implikasi – Implikasinya dari hasil penelitian ini adalah pemerintah dan instansi terkait harus bisa mempertahankan dan meningkatkan hubungan perdagangan dengan negara tujuan ekspor. Meningkatkan atau memperluas pangsa pasar udang ke Negara-negara lain agar dapat memperoleh nilai tambah dan menciptakan produk unggulan baru.
Orisinalitas – Penelitian ini berkontribusi terhadap analisis faktor-faktor yang mempengaruhi ekspor udang Indonesia ke Amerika Serikat dengan menggunakan pendekatan Autoregressive Distributed Lag (ARDL).
Keywords
Article Details
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
References
- Alwafi, R. (2014). Analisis Variabel Yang Mempengaruhi Volume Ekspor Udang Indonesia di Amerika Serikat. Skripsi Sarjana Fakultas Ekonomi dan Bisnis, Universitas Brawijaya, 5(2)
- Araújo, R. A. and Lima, G. T. (2007). A structural economic dynamics approach to balance-of-payments-constrained growth. Cambridge Journal of Economics, 31(5), 755– 774.
- Bahmani-Oskooee, M. (1986). Determinants of International Trade Flows: The Case of Developing Countries, Journal of Development Economics, 20: 107-123.
- Bairam, E. (1988). Balance of payments, the Harrod foreign trade multiplier and economic growth: the European and North American experience, 1970–85. Applied Economics, 20(12), 1635–1642.
- Bottega, A. C., and Romero, J. P. (2019). Innovation, Export Performance and Trade Elasticities Across Different Sectors and Countries. CCEPP WP04-19. Cambridge Centre for Economic and Public Policy, Department of Land Economy, University of Cambridge.
- Chandrasekhar, V., Paramasivam, P., Jayanthi, C., Sathy, R., Nikita Gopal and Mani, K. (2020) Analysis of Marine Products Export from India using Markov-Chain Analysis. Fish. Technol. 57 (1) : 59–68.
- Cheng, K.C. (2004). A Reexamination of Korea’s Trade Flows: What Has Changed and What Explains These Changes? IMF Working Paper: WP/04/145. IMF: Asia and Pacific Department.
- Chi, T. T. (2012). The Effect of Exchange Rate on Shrimp Export from Vietnam to The U.S. Master Thesis in Fisheries and Aquaculture Management and Economics FSK-3911 (30 ECTS). The Norwegian College of Fishery Science University of Tromso, Norway & Nha Trang University, Vietnam.
- Dash, A.K., Dutta, S. and Paital, R.R. (2018). Bilateral Export Demand Function of India: An Empirical Analysis. Theoretical Economics Letters, 8, 2330- 2344.
- Fathima, K.B., Biradar, R.S., and Salim, S.S. (2006). Growth Pattern and Competitiveness of Indian Shrimp Export Trade. Fishery Technology, 43(1): 99-106
- Feenstra, R. C. and J. Romalis. (2014). International Prices and Endogenous Quality. Quarterly Journal of Economics, 129 (2), 477-527.
- Fitri, F. ( 2018). Analisis Faktor Yang Mempengaruhi Ekspor Udang Indonesia ke Amerika Tahun 1992-2017 (Skripsi – Fakultas Ekonomi Universitas Islam Indonesia).
- Gouvêa, R. R. and Lima, G. T. (2013). Balance-of-payments-constrained growth in a multisectoral framework: a panel data investigation. Journal of Economic Studies, 40(2), 240–254.
- Houthakker, H. S. and Magee, S. P. (1969). Income and price elasticities in world trade. Review of Economics and Statistics, 111–125.
- Jones, K., et.al. (2008). U.S. Demand for Source–Differentiated Shrimp: A Differential Approach. Journal of Agricultural and Applied Economics, 40 (2):609–621
- Kholifin, M. B. (2013). Determinan Permintaan Ekspor Udang Beku Indonesia ke Uni Eropa. (under graduates thesis - Universitas Negeri Semarang).
- McCombie, J. S. and Thirlwall, A. (1994). Economic Growth and the Balance-of- Payments Constraint, Macmillan Press Ltd, London.
- Pesaran, M.H., Shin, Y. and Smith, R.J. (2001). Bounds Testing Approaches to the Analysis of Level Relationships. Journal of Applied Econometrics, 16, 289- 326. https://doi.org/10.1002/jae.616
- Putra, A. E. (2018). Factors Affecting Indonesian Shrimp Export to Japan. Jurnal Ilmiah Mahasiswa FEB, 7(1).
- Rahmaddi, R., and Ichihashi, M. (2011). The Demand and Supply of Exports: An Econometric Investigation of Exports Behavior in Indonesia. Conference: The Singapore Economic Review Conference (SERC)
- Romero, J. P. and McCombie, J. S. (2016). The multi-sectoral Thirlwall’s law: evidence from 14 developed European countries using product-level data. International Review of Applied Economics, 30(3), 301–325.
- Saman, A., Luhur, E., Suryawati, S., & Arthatiani, F. (2021). Model Permintaan Ekspor Udang Segar Indonesia oleh Pasar Jepang, Amerika Serikat, dan Uni Eropa. Jurnal Penyuluhan Perikanan dan Kelautan, 15(2), 169-188. doi:https://doi.org/10.33378/jppik.v15i2.220
- Sanny, L., Kusuma, D.K., & Willyanto, M.E. (2021). Competitiveness of Indonesian Shrimp Export to the United States. Binus Business Review.
- Sukadana, I. W., & Wiharani, I. G. A. D, (2020). Pengaruh Gdp, Harga Ekspor, Kurs Dollar Terhadap Volume Ekspor Udang Indonesia ke Amerika Serikat Tahun 1990-2019. E-Jurnal Ekonomi Pembangunan Universitas Udayana, [S.l.], v. 10, n. 3, p. 1014 – 1040.
- Tabarestani, M., Keithly, W. R., & Marzoughi-Ardakani, H. (2017). An Analysis of the US Shrimp Market: A Mixed Demand Approach. Marine Resource Economics, 32(4), 411-429. doi:10.1086/693360
- The World Bank. (2018). World Bank Group. Retreves from https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?locations=US,
- The World Bank.(2019). Retreves from https://www.worldbank.org/en/research/commodity-markets. UN Comtarde. (2018). Retrieved from https://comtrade.un.org/data/
- Traesupap, S., Matsuda, Y., & Shima, H. (1999). An econometric estimation of Japanese shrimp supply and demand during the 1990s, Aquaculture Economics & Management, 3:3, 215-221, DOI: 10.1080/13657309909380248
- Tran, T. C. (2012). The effect of exchange rate on shrimp export from Vietnam to the US (Master's thesis, Universitetet i Tromsø).
- Widarjono, Agus (2013). Ekonometrika Pengantar dan Aplikasinya. Ekonisia, Yogyakarta.
- Wilson, j. F. and W. E. Takacs. (1976). Differential Responses to Price and Exchange Rate Influences in the Foreign Trade of Selected Industrial Countries, The Review oj Economics and Statistics, 61: 267-279.
References
Alwafi, R. (2014). Analisis Variabel Yang Mempengaruhi Volume Ekspor Udang Indonesia di Amerika Serikat. Skripsi Sarjana Fakultas Ekonomi dan Bisnis, Universitas Brawijaya, 5(2)
Araújo, R. A. and Lima, G. T. (2007). A structural economic dynamics approach to balance-of-payments-constrained growth. Cambridge Journal of Economics, 31(5), 755– 774.
Bahmani-Oskooee, M. (1986). Determinants of International Trade Flows: The Case of Developing Countries, Journal of Development Economics, 20: 107-123.
Bairam, E. (1988). Balance of payments, the Harrod foreign trade multiplier and economic growth: the European and North American experience, 1970–85. Applied Economics, 20(12), 1635–1642.
Bottega, A. C., and Romero, J. P. (2019). Innovation, Export Performance and Trade Elasticities Across Different Sectors and Countries. CCEPP WP04-19. Cambridge Centre for Economic and Public Policy, Department of Land Economy, University of Cambridge.
Chandrasekhar, V., Paramasivam, P., Jayanthi, C., Sathy, R., Nikita Gopal and Mani, K. (2020) Analysis of Marine Products Export from India using Markov-Chain Analysis. Fish. Technol. 57 (1) : 59–68.
Cheng, K.C. (2004). A Reexamination of Korea’s Trade Flows: What Has Changed and What Explains These Changes? IMF Working Paper: WP/04/145. IMF: Asia and Pacific Department.
Chi, T. T. (2012). The Effect of Exchange Rate on Shrimp Export from Vietnam to The U.S. Master Thesis in Fisheries and Aquaculture Management and Economics FSK-3911 (30 ECTS). The Norwegian College of Fishery Science University of Tromso, Norway & Nha Trang University, Vietnam.
Dash, A.K., Dutta, S. and Paital, R.R. (2018). Bilateral Export Demand Function of India: An Empirical Analysis. Theoretical Economics Letters, 8, 2330- 2344.
Fathima, K.B., Biradar, R.S., and Salim, S.S. (2006). Growth Pattern and Competitiveness of Indian Shrimp Export Trade. Fishery Technology, 43(1): 99-106
Feenstra, R. C. and J. Romalis. (2014). International Prices and Endogenous Quality. Quarterly Journal of Economics, 129 (2), 477-527.
Fitri, F. ( 2018). Analisis Faktor Yang Mempengaruhi Ekspor Udang Indonesia ke Amerika Tahun 1992-2017 (Skripsi – Fakultas Ekonomi Universitas Islam Indonesia).
Gouvêa, R. R. and Lima, G. T. (2013). Balance-of-payments-constrained growth in a multisectoral framework: a panel data investigation. Journal of Economic Studies, 40(2), 240–254.
Houthakker, H. S. and Magee, S. P. (1969). Income and price elasticities in world trade. Review of Economics and Statistics, 111–125.
Jones, K., et.al. (2008). U.S. Demand for Source–Differentiated Shrimp: A Differential Approach. Journal of Agricultural and Applied Economics, 40 (2):609–621
Kholifin, M. B. (2013). Determinan Permintaan Ekspor Udang Beku Indonesia ke Uni Eropa. (under graduates thesis - Universitas Negeri Semarang).
McCombie, J. S. and Thirlwall, A. (1994). Economic Growth and the Balance-of- Payments Constraint, Macmillan Press Ltd, London.
Pesaran, M.H., Shin, Y. and Smith, R.J. (2001). Bounds Testing Approaches to the Analysis of Level Relationships. Journal of Applied Econometrics, 16, 289- 326. https://doi.org/10.1002/jae.616
Putra, A. E. (2018). Factors Affecting Indonesian Shrimp Export to Japan. Jurnal Ilmiah Mahasiswa FEB, 7(1).
Rahmaddi, R., and Ichihashi, M. (2011). The Demand and Supply of Exports: An Econometric Investigation of Exports Behavior in Indonesia. Conference: The Singapore Economic Review Conference (SERC)
Romero, J. P. and McCombie, J. S. (2016). The multi-sectoral Thirlwall’s law: evidence from 14 developed European countries using product-level data. International Review of Applied Economics, 30(3), 301–325.
Saman, A., Luhur, E., Suryawati, S., & Arthatiani, F. (2021). Model Permintaan Ekspor Udang Segar Indonesia oleh Pasar Jepang, Amerika Serikat, dan Uni Eropa. Jurnal Penyuluhan Perikanan dan Kelautan, 15(2), 169-188. doi:https://doi.org/10.33378/jppik.v15i2.220
Sanny, L., Kusuma, D.K., & Willyanto, M.E. (2021). Competitiveness of Indonesian Shrimp Export to the United States. Binus Business Review.
Sukadana, I. W., & Wiharani, I. G. A. D, (2020). Pengaruh Gdp, Harga Ekspor, Kurs Dollar Terhadap Volume Ekspor Udang Indonesia ke Amerika Serikat Tahun 1990-2019. E-Jurnal Ekonomi Pembangunan Universitas Udayana, [S.l.], v. 10, n. 3, p. 1014 – 1040.
Tabarestani, M., Keithly, W. R., & Marzoughi-Ardakani, H. (2017). An Analysis of the US Shrimp Market: A Mixed Demand Approach. Marine Resource Economics, 32(4), 411-429. doi:10.1086/693360
The World Bank. (2018). World Bank Group. Retreves from https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?locations=US,
The World Bank.(2019). Retreves from https://www.worldbank.org/en/research/commodity-markets. UN Comtarde. (2018). Retrieved from https://comtrade.un.org/data/
Traesupap, S., Matsuda, Y., & Shima, H. (1999). An econometric estimation of Japanese shrimp supply and demand during the 1990s, Aquaculture Economics & Management, 3:3, 215-221, DOI: 10.1080/13657309909380248
Tran, T. C. (2012). The effect of exchange rate on shrimp export from Vietnam to the US (Master's thesis, Universitetet i Tromsø).
Widarjono, Agus (2013). Ekonometrika Pengantar dan Aplikasinya. Ekonisia, Yogyakarta.
Wilson, j. F. and W. E. Takacs. (1976). Differential Responses to Price and Exchange Rate Influences in the Foreign Trade of Selected Industrial Countries, The Review oj Economics and Statistics, 61: 267-279.