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The Impact Of Downstream Policies On The Growth Of Indonesia's Net Exports Of Iron And Steel (HS 72) Khadijah Mahani; Ignatia Martha Hendrati; Wirya Wardaya
EKOMBIS REVIEW: Jurnal Ilmiah Ekonomi dan Bisnis Vol 13 No 3 (2025): Juli
Publisher : UNIVED Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37676/ekombis.v13i3.7599

Abstract

This study examines the impact of downstream policies on Indonesia's net exports of iron and steel (HS 72) during 2000–2023. The downstream policy, aimed at enhancing value-added and reducing raw material exports, is crucial for improving trade balances and boosting economic growth. Using paired t-tests and Export Product Dynamics (EPD), the study reveals significant increases in total exports (5%, 0.041) and total imports (1%, 0.001), while net export improvements were marginally significant (10%, 0.08). Despite the positive impacts, challenges such as high dependency on imported raw materials and the need for substantial infrastructure investments persist.