ANALISIS PENGARUH ASEAN-CHINA FREE TRADE AREA (ACFTA) TERHADAP KINERJA EKSPOR INDUSTRI TEKSTIL DAN PRODUK TEKSTIL (TPT) INDONESIA

Abstract

dan mitra dagang pada periode tahun 2001-2018. Penelitian ini menggunakan analisis gravity model pada data panel melalui pendekatan model fixed effect dengan estimasi feasible generalized least square (FGLS) cross-section seemingly unrelated regression (SUR). Hasil penelitian menemukan bahwa pengaruh kesepakatan ACFTA dari sisi tarif berpengaruh negatif terhadap ekspor tekstil dan produk tekstil Indonesia. Sedangkan dari sisi investasi, masuknya foreign direct investment (FDI) melalui kesepakatan ACFTA telah meningkatkan ekspor produk tekstil Indonesia. Penelitian ini juga menemukan bahwa setelah bergabung dalam ACFTA, Indonesia lebih banyak melakukan ABSTRACT The purpose of this study is to estimate the impact of the ASEAN-China Free Trade Area (ACFTA), economic size, and economic distance on export performance of textile and textile products industries (TPT) between Indonesia and its trading partners in 2010-2018. The panel data are analyzed using the gravity model through the fixed-effect approach with the feasible generalized least square (FGLS) cross-section seemingly unrelated regression (SUR) estimation method. The results indicate that the ACFTA agreement regarding the tariff was consistently negative on exporting Indonesia’s textile and textile products. Meanwhile, foreign direct investment (FDI) inflows through the ACFTA agreement increased the export of textile products from the investment side. This study also finds that after joining ACFTA, Indonesia imports more textile products than exports. Moreover, the economic size was showed a reciprocal effect between Indonesia and its trading partners. Meanwhile, the economic distance was consistently negative correlations with the export performance of Indonesia’s textile and textile products.