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Journal of Business and Political Economy: Biannual Review of The Indonesian Economy Review
Published by INDEF
ISSN : 26852004     EISSN : 27235734     DOI : https://doi.org/10.46851
Core Subject : Economy, Social,
Journal of Business and Political Economy: Biannual Review of The Indonesian Economy Review [P-ISSN 2685-2004] is devoted to the study of political economy, economy, and business issues, focussing on encouraging transparency on the economic decision-making process in Indonesia. The review is published biannually in July and December by Institute for Development of Economics and Finance (INDEF), Jakarta, Indonesia. The coverage topics of the journal are Finance and Banking, Institutional Economics, Agricultural Economics, Political Economy, Economics Science, Development Economics, International Trade, Monetary Economy, Industrial Economics and Macroeconomics. This journal also receives all of the articles from developing and developed countries.
Articles 41 Documents
The Competitiveness of Indonesian Coconut Oil and Its Determinants: A Time Series Analysis Mochammad Yusuf; Ardimansyah Ardimansyah; Febriann Dedy Syahputra
Journal of Business and Political Economy : Biannual Review of The Indonesian Economy Vol. 8 No. 1 (2026): Journal of Business and Political Economy: Biannual Review of The Indonesian Ec
Publisher : INDEF - Institute for Development of Economics and Finance

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46851/254

Abstract

Coconut oil represents one of Indonesia's most significant agricultural export commodities, yet its export performance has exhibited considerable fluctuations over time, reflecting the influence of various domestic and international factors. This study identifies the key determinants of Indonesia's coconut oil export competitiveness, as measured by the Revealed Symmetric Comparative Advantage (RSCA) index, employing the Autoregressive Distributed Lag (ARDL) model over the period 1970 to 2023. The ARDL framework was selected given that all variables are stationary at first difference I(1) under both the Augmented Dickey-Fuller and Phillips-Perron tests, satisfying the preconditions for bounds testing. The results indicate that rural population growth, agricultural trade openness, and coconut oil yield exert a positive and significant influence on export competitiveness, whereas rising coconut oil prices and exchange rate volatility are found to have a detrimental impact on export performance. The findings of this study suggest that targeted policy interventions are warranted, particularly exchange rate stabilization mechanisms administered by Bank Indonesia to mitigate the adverse effects of currency volatility on export competitiveness, fiscal incentives directed at coconut oil processing industries to reduce dependence on primary commodity exports, and strategic investments in agricultural extension programs aimed at enhancing yield productivity among smallholder farmers. Keyword: Autoregressive Distributive Lag (ARDL); Coconut Oil; Competitiveness, International Trade JEL Classification: F14, Q17, C32