Indonesia - The Trans Pacific Partnership Trade Potential
- DOI
- 10.2991/icied-17.2018.35How to use a DOI?
- Keywords
- TPP; gravity model; trade potential
- Abstract
This study investigates Indonesia's trade potential with the TPP economies. Covering 23 years (1992-2014) unbalanced panel data, this paper utilizes a gravity model where the trade potential is calculated from the estimated equation using the ratio of predicted and actual trade (P/A), and the speed of convergence (SC) method. Indonesia's trade potential is divided into agricultural and industrial goods; a comparison is made between Indonesia's trade with each of the TPP, ASEAN, and ASEAN+6 in turn. According to the ratio (P/A), the highest potential trading partner is Mexico; while based on the SC method, Indonesia has convergence in trade with Peru in both product groups. In the context of speed of convergence, Indonesia has the shortest time to reach its potential trade with Peru; and the longest time to reach convergence is Vietnam, in the agricultural sector
- Copyright
- © 2018, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Juwita Puteri Nuraisyah PY - 2017/12 DA - 2017/12 TI - Indonesia - The Trans Pacific Partnership Trade Potential BT - Proceedings of the 2nd International Conference on Indonesian Economy and Development (ICIED 2017) PB - Atlantis Press SP - 185 EP - 189 SN - 2352-5398 UR - https://doi.org/10.2991/icied-17.2018.35 DO - 10.2991/icied-17.2018.35 ID - PuteriNuraisyah2017/12 ER -