ABSTRACT
Crude Palm Oil (CPO) is the mainstay of Indonesian agricultural products which is the largest CPO producing country in the world. The high market share of Indonesian CPO exports reflects the high competitiveness of Indonesian CPO in the global market. The purpose of this study is to determine the competitiveness of Indonesian CPO, the concentration of the Indonesian CPO industry, and analyze the factors that are suspected to affect the competitiveness of the CPO industry in Indonesia. The data used in this study are secondary data with a five-digit ISIC (10432) using time series data for 2001-2020 and the analytical techniques used in this study include Revealed Competitive Advantage (RCA), Gini Coefficient, and Error Correction Model (ECM). The results showed that Indonesian CPO has high competitiveness in the international market, the Indonesian CPO industry is not concentrated, in the short term the variables that affect competitiveness are CPO prices, subsidized solar prices policy, and industrial concentrations, while in the long term the influential variables are biodiesel policy, subsidized diesel oil policy and industrial concentration
ABSTRACT
This paper evaluates and compares the export competitiveness of rare-earth products from China, the US, Russia, and India between 2006 and 2020 using the CMS model and the WRCA index. The results show that (1) the competitiveness of the four countries’ rare-earth products has changed differently. The overall competitiveness of rare-earth products of China, the US, and India has decreased, whereas the competitiveness of Russia’s rare-earth products has increased. (2) The factors inhibiting the development of the competitiveness of rare-earth products in the four countries are different. In China and India they are market factors and product factors, in the US it is the overall market share factor, and in Russia it is the market factor. (3) The competitiveness of rare-earth products varies greatly among the four countries. China has the highest rare-earth export competitiveness, whereas the US has significantly lower export competitiveness of rare-earth products than China. Russia and India do not have comparative advantages. (4) The four countries have different trends in the evolution of the competitiveness of rare-earth products. The export competitiveness of rare-earth products of China and India tends to decline, whereas that of the United States and Russia tends to rise. Based on the above findings, the paper puts forward corresponding policy recommendations.
ABSTRACT
The purpose of this study is to analyze the economic ripple effects caused by the supply-side reforms on China’s steel industry. To this end, using the 2012 and the 2017 China Input–Output Tables, this study analyzes the economic ripple effect of the Chinese steel industry caused by its supply-side reform. In this study, the influence coefficients (rear-linked effect) and the sensitivity coefficients (forward-linked effect), conceptualized by Leontief, are used as research tools to analyze the ripple effects of the Chinese steel industry. The analysis results are as follows. First, the fact that 2012 ranked high in professional equipment and meter manufacturing shows that the Chinese government’s supply-side reforms are effective and creating the required shift from traditional manufacturing to qualitative growth. Second, in terms of the sensitivity coefficient, in 2012, most of the top industries contributed significantly to the development of the Chinese economy. The originality of this study is as follows. The input production analysis used in this paper is a methodology mainly used in the steel, coal, automobile, and petrochemical industries, which clearly distinguishes the front and rear industries. Additionally, this study is a novel attempt at comparative research on the Chinese steel industry between 2012 and 2017.