Browse > Article
http://dx.doi.org/10.13106/jafeb.2021.vol8.no1.093

Analysis of Indonesian Rubber Export Supply for 1995-2015  

MULYANI, Mulyani (Postgraduate Program, Faculty of Agriculture, Universitas Sebelas Maret Surakarta)
KUSNANDAR, Kusnandar (Program of Agribusiness, Faculty of Agriculture, Universitas Sebelas Maret Surakarta)
ANTRIYANDARTI, Ernoiz (Program of Agribusiness, Faculty of Agriculture, Universitas Sebelas Maret Surakarta)
Publication Information
The Journal of Asian Finance, Economics and Business / v.8, no.1, 2021 , pp. 93-102 More about this Journal
Abstract
This study aims is to determine the factors that influence Indonesian rubber export supply based on the export destination countries. Indonesian rubber export supply is thought to be influenced by the variables like the volume of Indonesia rubber exports, the price of Indonesian natural rubber, the volume of domestic rubber production, the export volume of the previous period, the rupiah exchange rate against US$, the interest rate and real Gross Domestic Product (GDP). The data used is the annual time series from 1995-2015 based on export countries encompassing the United States, China, and Japan. Multiple linear regression with the Ordinary Least Square (OLS) method is applied to analyse the data. The results showed that the volume of Indonesian rubber exports to China is not influenced by domestic natural rubber prices and the Rupiah exchange rate against the Chinese Yuan. The volume of Indonesian rubber exports to Japan is influenced by the volume of domestic rubber production. The volume of Indonesian rubber exports to the three destination countries is influenced by the volume of domestic rubber production, interest rate, and real GDP.
Keywords
Export; Rubber; Multiple Linear Regression; Ordinary Least Square (OLS);
Citations & Related Records
연도 인용수 순위
  • Reference
1 Suparman. (2014). Analysis of Factors Affecting Indonesian Rubber Exports 1990 - 2012. Publication Manuscripts. Development Economics Study Program, Muhammadiyah University of Surakarta, Indonesia.
2 Suwarsono, M. (2004). Strategic Management Concepts and Cases. Jakarta, Indonesia: UPP AMP YKPN.
3 Swastha, B., & Irawan. (2003). Strategic Management and Company Feasibility. Jakarta, Indonesia: Erlangga.
4 Tety, E. (2002). Supply and Demand for Indonesian Natural Rubber in Domestic and International Markets. Thesis, Bogor Agricultural Institute Postgraduate Program, Indonesia.
5 UN Comtrade. (2017). Download Trade Data. Available at: http://comtrade.un.org?data/.
6 Rangkuti, F. (2001). SWOT Analysis Technique of Dissecting Business Cases. Jakarta, Indonesia: Gramedia Pustaka Utama.
7 Salvatore, D. (2008). International Economics. 9th edition. Wiley Sons. Inc. Jakarta, Indonesia: Erlangga.
8 Samanhudi, T. (2009). Analysis of Factors Affecting Exports of Indonesian Agricultural Products to the United States. Thesis, Faculty of Economics, University of North Sumatra, Indonesia.
9 Sartono, A. (1995). Financial Management: Theory and Applications. Jakarta, Indonesia: BPFE.
10 Spillane, J. J. (1989). Rubber Commodity Its Role in the Indonesian Economy. Jakarta, Indonesia: Kanisius.
11 Sudarno. (2010). Basic Knowledge of Foreign Trade. Jakarta, Indonesia: UNS Press.
12 Sudjana. (2005) Statistical Methods. Bandung, Indonesia: Tarsito.
13 Krugman, P. R., & Obstfeld, M. (2009). International Economics Theory and Policy. Jakarta, Indonesia: Index Publishers.
14 Mankiw, G. N. (2008). Macroeconomics. Jakarta, Indonesia: Erlangga.
15 Sugiarto, (2008). Analysis of farmers' welfare according to income patterns and rural expenditure. Center for Socio-Economic Analysis and Agricultural Policy. Badan Litbang Pertanian. Bogor, Indonesia. 248-260. Retrieved from: http://pse.litbang.pertanian.go.id/ind/pdffiles/MS_B6.pdf
16 Sukirno, S. (2014). Development Economics: Process, Problem, and Policy Basis. Jakarta, Indonesia: Kencana Prenadamedia Group.
17 Sumodiningrat, G. (2002). Introductory Econometrics. Jakarta, Indonesia: BPFE IKAPI.
18 Wahyuandari, W. (2013). Boston Consulting Group (BCG) Matrix analysis on product portfolio for marketing strategy planning in facing competition. Journal of Tulungagung University, 1(1).
19 Boediono. (2016). International Economics. Jakarta, Indonesia: BPFE.
20 Center for Agricultural Data and Information. (2016). Rubber Outlook. Jakarta, Indonesia: Secretariat General - Ministry of Agriculture.
21 Wirawan, I., & Indrajaya, I. G. B. (2012). The influence of total rubber production, price, and investment on Indonesian rubber export volume 1996-2010. E-Journal of Development Economics, 1(2), 93-99.
22 Maryati. (2001). Economic and Business Statistics. Jakarta, Indonesia: UPP AMP YKPN.
23 Mutandwa, E., & Kanuma, N. (2009). Analysis of coffee export marketing in Rwanda: Application of the Boston consulting group matrix. African Journal of Bussiness Management, 2(4), 210-219.
24 Novianti, T., & Hendratno, E. H. (2008). Analysis of the supply of natural rubber export of Indonesia to China and other countries. Jurnal Manajemen & Agribisnis, 5(1), 40-51. https://doi.org/10.17358/jma.5.1.40-51   DOI
25 Oktora, S. I., & Firdani, A. M. (2019). Natural rubber economics between China and Southeast Asia: The impact of China's economic slowdown. Journal of Asian Finance, Economics and Business, 6(2), 55-62. https://doi.org/10.13106/jafeb.2019.vol6.no2.55   DOI
26 Pithak, S. (2020). The rubber pricing model: theory and evidence. Journal of Asian Finance, Economics and Business, 7(11), 13-22. https://doi.org/10.13106/jafeb.2020.vol7.no11.013   DOI
27 Purnamawati, A., & Fatmawati, S. (2013). Export Import Basics. Practice Theory and Procedure. Jakarta, Indonesia: UPP STIM YKPN.
28 Rahardja, P., & Manurung, M. (2008). Introduction to Economics (Microeconomics and Macroeconomics). Jakarta Lembaga Penerbit Fakultas Ekonomi Universitas Indonesia.
29 Central Bereau of Statistics. (2016). Indonesian Rubber Statistics. Jakarta, Indonesia
30 Central Bereau of Statistics. (2014). Indonesian Rubber Statistics. Jakarta, Indonesia
31 Central Bereau of Statistics of Indonesia. (2020). Economy and Trade, Indonesian Rubber Statistics. Available at: http://www.bps.go.id.
32 Cravens, D. W. (1996). Marketing Strategy. Jakarta, Indonesia: Erlangga Publisher.
33 Daulay, R. (2010). Analysis of Indonesian Net Determinant Exports. Thesis, University of North Sumatra, Indonesia.
34 David, F. R. (2004). Strategic Management Concepts - Concepts. Jakarta, Indonesia: PT Index Gramedia Group.
35 Directorate General of Plantation. (2014). Statistics of Indonesian Plantation for Rubber Commodities 2012-2015. Jakarta, Indonesia: Directorate General of Plantation, Ministry of Agriculture.
36 Directorate General of Plantation. (2015). Indonesian Plantation Statistics for Rubber Commodities 2014-2016. Jakarta, Indonesia: Directorate General of Plantation, Ministry of Agriculture.
37 Directorate General of Plantation. (2016). Indonesian Plantation Statistics for Rubber Commodities 2015-2017. Jakarta, Indonesia: Directorate General of Plantation, Ministry of Agriculture.
38 Duangmanee, K. (2020). Feasibility of group risk income protection insurance for para rubber in Thailand. Journal of Asian Finance, Economics and Business, 7(10), 621-628. https://doi.org/10.13106/jafeb.2020.vol7.no10.621   DOI
39 Elwamendri. (2000). Natural Rubber Trade Between Major Producing Countries and the United States. Thesis, Graduate Program, IPB, Indonesia.
40 Gapkindo. (2016). Association of Indonesian Rubber Entrepreneurs. Available at: http://www.gapkindo.co.id.
41 Gujarati, D. N. (2012). Econometrics Basics. Jakarta, Indonesia: Erlangga.
42 Hendratno, E. H. (2008). Analysis of Indonesian Natural Rubber Export Demand in China. Thesis. Agricultural and Resource Economics Study Program, Faculty of Agriculture, Bogor Agricultural Institute, Indonesia.
43 Hutabarat, D. E. (2015). Analysis of factors affecting Indonesian rubber exports to Singapore. Journal of Wahana Inovasi, 4(1).
44 Central Bereau of Statistics. (2012). Indonesian Rubber Statistics. Jakarta, Indonesia
45 Central Bereau of Statistics. (2013). Indonesian Rubber Statistics. Jakarta, Indonesia
46 Ministry of Trade of the Republic of Indonesia. (2014). Study on the Preparation of Indonesian Import Export Targets 2015-2019. Center for Foreign Trade Policy Research and Development Agency for Trade Policy, Ministry of Trade, Indonesia.
47 Komalasari, I. (2009). Analysis of Factors Affecting the Export Supply of Indonesian Cocoa Beans. Essay: Jakarta, Indonesia: Bogor Agricultural Institute.
48 Kotler, K. (2009). Marketing Management. Jakarta, Indonesia: Erlangga.
49 Amir, M. S. (2005). Export and Import: Theory and application. Jakarta, Indonesia: PPM Publisher.
50 Ariefianto, D. M. (2012). Econometrics Essences and Applications Using EViews. Jakarta, Indonesia: Erlangga Publisher.
51 Agricultural Research and Development Center. (2005). Prospects and Directions for Rubber Agribusiness Development. Jakarta, Indonesia: Agriculture Department.