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Sitti Retno Faridatussalam
Universitas Muhammadiyah Surakarta
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Journal : International Journal of Economics Development Research (IJEDR)

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Determining the Trade Value of Indonesian Lobster Exports to Destination Countries in 2018–2023 Hotijah, Dini Siti; Faridatussalam, Sitti Retno
International Journal of Economics Development Research (IJEDR) Vol. 6 No. 5 (2025): International Journal of Economics Development Research (IJEDR)
Publisher : Yayasan Riset dan Pengembangan Intelektual

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37385/ijedr.v6i5.8811

Abstract

Indonesia has a very wide water area, making it one of the countries with great potential in developing the fisheries industry, especially in leading commodities such as lobster. This study was conducted to examine various factors that impact the value of Indonesian lobster exports to six major trading partner countries, namely China, Hong Kong, Japan, Singapore, Malaysia, and South Korea throughout 2018 to 2023. This study uses several independent variables including lobster prices, consumption tastes (Ratio), GDP per capita of destination countries, export value (FOB), export quantity, and economic distance. This study uses a quantitative approach by utilizing secondary data in the form of panel data, consisting of a time series from 2018 to 2023 and cross-country data for six export destination countries. Information was obtained from official sources such as BPS, Trade Economic, World Bank, and the Ministry of Marine Affairs and Fisheries (KKP). Based on the results of the analysis, the Common Effect Model (CEM) approach was identified as the most appropriate model in this study compared to other approaches. The results of the F test show that all independent variables have a significant influence on the value of Indonesian lobster exports, both simultaneously and partially. The determination value (R²) of 65.94% indicates that the regression model is able to explain most of the variation in the value of lobster export trade. The results of this study play a significant role in supporting the formulation of policies to increase the competitiveness of Indonesian fishery exports in the international market.
Co-Authors Abid Ramadhan Agustina, Vinna Dwi Ahmad Ridwan Purwantono Aldri Vauzia Ardiansyah Alfian Hikamul Abid Althofa Khoironi Amalina Lutfi Razan Ambarsari, Rosa Apriliana Ervynasari Bachtiar, Ilham Yudha Bagas Rejatama Waluyaning Putra Bulan Ainnur Rizki Cindy Eka Saputri Clarissa Dyah Anggraini Dewi Novita Sari Dhany Efita Sari Didit Purnomo Dinar Wahyuningrum Dinda AB Permana Diyan Riski Wijiutami Endang Setyaningsih Eni Setyowati Fadila Dhea Paramita Faqih, Abdulloh Fattika, Meliana Nova Fitya Mukti, Diah Afriani Frissa Deastina Fuad Arifin Giovanni, Alveda Elian Hanifah Tria Intan Jelita Hasna Afif Labiba Hotijah, Dini Siti Hutomo, Randy Tri Imam Ma'ruf Azhari Inda Fresti Puspitasari Isna Ayu Wulandari Istiqomah, Ratna Jewel, Noni Milenia Khoironi, Althofa Lizar Abdillah Mahardika, Alfarizal Herlambang Putra Moh. Ali Ma’sum Muhammad Fauzi Huda Nazarudin Hasan Nugraha, Rizal Adi Nur Hidayah Perwithosuci, Winny Putri Rarasati Putry Puspa Ningtyas Raden Ahmed Abdillah Ramadhan, Faisal Ramadhani, Nurul Novita Rendi Wahyu Saputra Rezsy Herawati Riana Rika Rohmatin Rifqi Maulana Irfan Saputra, Yoga Adi Septianingsih, Ika Rahma Shabrina, Maida Shafarana Sheety, Vera Vernanda Wahyuningrum, Dinar Wati, Bela Christiana Wibowo, Tabah Setyo Yusuf Adiandaru