West Science Journal Economic and Entrepreneurship
Vol. 1 No. 11 (2023): West Science Journal Economic and Entrepreneurship

Indonesia's Electronic Export Potential in The Global Market with Gravity Panel Model Approach

Kurniawati, Renny (Unknown)
Nawiyah, Nawiyah (Unknown)
Sutjiatmo, Bayu Prabowo (Unknown)



Article Info

Publish Date
30 Nov 2023

Abstract

The purpose of this study is to calculate Indonesia's electronic export potential to 14 countries during the period 2007-2022 using a panel-gravity approach using the PPML technique. The results of this study confirm the positive and significant relationship between Indonesia's electronics exports and the main component of the gravity model, namely Indonesia's GDP and trading partners. Another variability is the economic openness of trading partners has a positive relationship and exchange rates have a positive but not significant relationship. Variability of distance, and trade agreements have a negative relationship with Indonesia's electronic exports. The results for electronic export potential show that Indonesian electronics still have a lot of leverage to increase its exports to 9 countries. Thus, the position of the electronics industry as a potential industry can be carried out by targeting these countries. But to capitalize on the potential benefits of electronics exports, policymakers need to strengthen infrastructure and regulations related to the electronics industry.

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Journal Info

Abbrev

wsee

Publisher

Subject

Economics, Econometrics & Finance

Description

Journal of Economics and Entrepreneurship published since 2023 by Westscience Press. Editors receive scientific articles from research results, surveys, and literature reviews closely related to the Economics and Entrepreneurship sectors. WSJEE is a peer-reviewed and open-access scientific magazine. ...