This study aims to analyze the impact of a credit crunch on a firm's likelihood of conducting an IPO during the COVID-19 pandemic. The study on credit crunch is still limited, the majority of which focuses on the financial crises of 1998 or 2008. Meanwhile, the credit crunch during the COVID-19 pandemic was triggered differently, beginning with the real sector rather than the financial crisis. On the other hand, the industry may take into account conducting an IPO as a solution to the issue of a capital shortage brought on by the crisis. Studies on the effects of the COVID-19 pandemic's financial crunch on Indonesian IPO businesses have never been done. When the COVID-19 crisis hit the Indonesian market, it appears from the number of IPO companies and the number of shares outstanding during IPOs in Indonesia that the decline was not as severe and that companies continued to undertake IPOs. While credit growth in the banking sector is more sensitive in Indonesia than in other nations, it nevertheless tends to slow down and even turn negative during the COVID-19 epidemic. By using the logistic regression test, the results show that when funding is becoming increasingly scarce (credit crunch), it would be increasing the probability of a company going for an IPO during the COVID-19 pandemic.
{"title":"The Impact of the Credit Crunch on Initial Public Offering Decision During the Covid-19 Pandemic in Indonesia","authors":"Elsa Dyahpitaloka, Ririen S. Riyanti","doi":"10.33019/ijbe.v7i2.637","DOIUrl":"https://doi.org/10.33019/ijbe.v7i2.637","url":null,"abstract":"This study aims to analyze the impact of a credit crunch on a firm's likelihood of conducting an IPO during the COVID-19 pandemic. The study on credit crunch is still limited, the majority of which focuses on the financial crises of 1998 or 2008. Meanwhile, the credit crunch during the COVID-19 pandemic was triggered differently, beginning with the real sector rather than the financial crisis. On the other hand, the industry may take into account conducting an IPO as a solution to the issue of a capital shortage brought on by the crisis. Studies on the effects of the COVID-19 pandemic's financial crunch on Indonesian IPO businesses have never been done. When the COVID-19 crisis hit the Indonesian market, it appears from the number of IPO companies and the number of shares outstanding during IPOs in Indonesia that the decline was not as severe and that companies continued to undertake IPOs. While credit growth in the banking sector is more sensitive in Indonesia than in other nations, it nevertheless tends to slow down and even turn negative during the COVID-19 epidemic. By using the logistic regression test, the results show that when funding is becoming increasingly scarce (credit crunch), it would be increasing the probability of a company going for an IPO during the COVID-19 pandemic. ","PeriodicalId":33131,"journal":{"name":"Integrated Journal of Business and Economics","volume":"20 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86000761","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
ABSTRACT This study aims to explain the effect of destination image, experiential marketing, and digital marketing communications on tourist satisfaction and the implications for domestic tourist loyalty to beach tourism objects on Bangka Island. This research is quantitative research with descriptive and verification methods. The study's sample consisted of 305 domestic tourist respondents who visited beach tourism objects on Bangka Island using a proportional random sampling technique, and sample size using maximum likelihood estimation. A questionnaire was used to obtain the data and a causality approach was analyzed using Structural Equation Modeling (SEM), using Lisrel 8.8. The results of the study show that the image of the destination, experiential marketing, and digital marketing communications have a positive and significant effect on tourist satisfaction with an R2 value of 63%, and destination image, experiential marketing, digital marketing communications, and tourist satisfaction together have a positive and significant effect on domestic tourist loyalty to beach tourism objects in Bangka Island with an R2 value of 54%. The results of this study prove that the tourist satisfaction variable is an intervening variable that has a positive full mediating effect on destination image, experiential marketing, and digital marketing communications on domestic tourist loyalty to beach tourism objects on Bangka Island. Keywords: Destination Image, Experiential Marketing, Digital Marketing Communication, Tourist Satisfaction, and Tourist Loyalty.
{"title":"Loyalty of Domestic Tourists to Beach Tourism: Role of Image, Experiential, Digital Marketing and Satisfaction","authors":"Juhari Juhari","doi":"10.33019/ijbe.v7i2.715","DOIUrl":"https://doi.org/10.33019/ijbe.v7i2.715","url":null,"abstract":"ABSTRACT This study aims to explain the effect of destination image, experiential marketing, and digital marketing communications on tourist satisfaction and the implications for domestic tourist loyalty to beach tourism objects on Bangka Island. This research is quantitative research with descriptive and verification methods. The study's sample consisted of 305 domestic tourist respondents who visited beach tourism objects on Bangka Island using a proportional random sampling technique, and sample size using maximum likelihood estimation. A questionnaire was used to obtain the data and a causality approach was analyzed using Structural Equation Modeling (SEM), using Lisrel 8.8. The results of the study show that the image of the destination, experiential marketing, and digital marketing communications have a positive and significant effect on tourist satisfaction with an R2 value of 63%, and destination image, experiential marketing, digital marketing communications, and tourist satisfaction together have a positive and significant effect on domestic tourist loyalty to beach tourism objects in Bangka Island with an R2 value of 54%. The results of this study prove that the tourist satisfaction variable is an intervening variable that has a positive full mediating effect on destination image, experiential marketing, and digital marketing communications on domestic tourist loyalty to beach tourism objects on Bangka Island. Keywords: Destination Image, Experiential Marketing, Digital Marketing Communication, Tourist Satisfaction, and Tourist Loyalty.","PeriodicalId":33131,"journal":{"name":"Integrated Journal of Business and Economics","volume":"64 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76051654","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Based on Social Identity Theory dan Conservation of Resources Theory, this study aims to examine the effect of Abusive Supervision on Leadership Identification and Customer Orientation, the effect of Leadership Identification on Job Performance, the effect of Customer Orientation on Job Performance, and the effect of Abusive Supervision on Job Performance. The type of research is Explanatory Research. The number of samples in this study were 200 salespeople at a retail store in Pamekasan Regency, Data collection using a questionnaire, with simple random sampling method. Data analysis using Structural Equation Model-AMOS. The results showed that: Abusive Supervision have a negative and significant effect on Leadership Identification, Abusive Supervision have a negative and significant effect on Customer Orientation, Leadership Identification have a positive and significant effect on Job Performance, and Customer Orientation have a positive and significant effect on Job Performance
{"title":"The Effect of Abusive Supervision on Leadership Identification and Customer Orientation and Its Impact on Job Performance","authors":"G. Gazali, Zainurrafiqi Zainurrafiqi","doi":"10.33019/ijbe.v7i2.498","DOIUrl":"https://doi.org/10.33019/ijbe.v7i2.498","url":null,"abstract":"Based on Social Identity Theory dan Conservation of Resources Theory, this study aims to examine the effect of Abusive Supervision on Leadership Identification and Customer Orientation, the effect of Leadership Identification on Job Performance, the effect of Customer Orientation on Job Performance, and the effect of Abusive Supervision on Job Performance. The type of research is Explanatory Research. The number of samples in this study were 200 salespeople at a retail store in Pamekasan Regency, Data collection using a questionnaire, with simple random sampling method. Data analysis using Structural Equation Model-AMOS. The results showed that: Abusive Supervision have a negative and significant effect on Leadership Identification, Abusive Supervision have a negative and significant effect on Customer Orientation, Leadership Identification have a positive and significant effect on Job Performance, and Customer Orientation have a positive and significant effect on Job Performance","PeriodicalId":33131,"journal":{"name":"Integrated Journal of Business and Economics","volume":"146 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83083739","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Esti Pasaribu, Retno Agustina Ekaputri, Yefriza Yefriza
This research investigated the effectiveness of the monetary policy in Indonesia. A cumulative summary test was used to determine the response of economic growth to monetary policy between 1990-2020. Furthermore, the data on gross national income, money supply, inflation, exchange rate, and interest rate was processed using error correction model regression. The results showed that monetary policy improved economic growth through channels of inflation and money supply, and the correlation was strong and valid both in the short and long term. The correlation of exchange rate and interest rate to economic growth was also observed to be significant only in the long term. The four variables had a significant, simultaneous effect on Indonesia's GDP. Therefore, the government needs to pay special attention to the enactment of monetary policy.
{"title":"Effectiveness of Monetary Policy in Indonesia","authors":"Esti Pasaribu, Retno Agustina Ekaputri, Yefriza Yefriza","doi":"10.33019/ijbe.v7i2.645","DOIUrl":"https://doi.org/10.33019/ijbe.v7i2.645","url":null,"abstract":"This research investigated the effectiveness of the monetary policy in Indonesia. A cumulative summary test was used to determine the response of economic growth to monetary policy between 1990-2020. Furthermore, the data on gross national income, money supply, inflation, exchange rate, and interest rate was processed using error correction model regression. The results showed that monetary policy improved economic growth through channels of inflation and money supply, and the correlation was strong and valid both in the short and long term. The correlation of exchange rate and interest rate to economic growth was also observed to be significant only in the long term. The four variables had a significant, simultaneous effect on Indonesia's GDP. Therefore, the government needs to pay special attention to the enactment of monetary policy.","PeriodicalId":33131,"journal":{"name":"Integrated Journal of Business and Economics","volume":"4 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79849937","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study aims to examine and analyze the role of value-based selling and courteous selling behavior in resolving the research gap between customer orientation and sales force performance. The population of this research is the salesforce at BPR Group Saudara in Central Java Province and DI Yogyakarta. The sampling technique used is purposive sampling, there are only 108 questionnaires that meet the requirements. The analysis technique uses structural equations, the solution is using SmartPLS version 3.2.9. The results show that one hypothesis is rejected, while the remaining five are accepted. In addition, the variable value-based selling and courteous selling behavior were not able to complete the research gap. However, value-based selling can mediate the influence of customer orientation on courteous behavior.
本研究旨在检验和分析价值导向销售和礼貌销售行为在解决顾客导向与销售人员绩效之间的研究差距中的作用。本研究的对象为中爪哇省BPR Group Saudara和DI Yogyakarta的销售人员。采用的抽样技术是有目的抽样，符合要求的问卷只有108份。分析技术采用结构方程，解决方案使用SmartPLS 3.2.9版本。结果表明，1个假设被拒绝，其余5个假设被接受。此外，基于价值的可变销售和礼貌的销售行为也无法填补研究空白。然而，基于价值的销售可以中介顾客导向对礼貌行为的影响。
{"title":"How Important Are Value-Based Selling And Courteous Selling Behavior In Improving Salesforce Performance?","authors":"Paulus Wardoyo, Endang Rusdianti, S. Purwantini","doi":"10.33019/ijbe.v7i1.379","DOIUrl":"https://doi.org/10.33019/ijbe.v7i1.379","url":null,"abstract":"This study aims to examine and analyze the role of value-based selling and courteous selling behavior in resolving the research gap between customer orientation and sales force performance. The population of this research is the salesforce at BPR Group Saudara in Central Java Province and DI Yogyakarta. The sampling technique used is purposive sampling, there are only 108 questionnaires that meet the requirements. The analysis technique uses structural equations, the solution is using SmartPLS version 3.2.9. The results show that one hypothesis is rejected, while the remaining five are accepted. In addition, the variable value-based selling and courteous selling behavior were not able to complete the research gap. However, value-based selling can mediate the influence of customer orientation on courteous behavior.","PeriodicalId":33131,"journal":{"name":"Integrated Journal of Business and Economics","volume":"25 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73745925","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The purpose of this study was to try the goods of time pressure, deadline pressure, and work pressure on test quality among PAF observers in Malang City. The logical model exercised is a multitudinous retrogression dissection where the dependent variables are time pressure( X1), deadline pressure( X2), job pressure( X3) and the independent variable is test quality( Y). The study population was his PAF accountants in Malang, totaling 86. The sample exercised comported of her 52 repliers, utilizing a accessible sample of his eight account enterprises( PAF) in Malang megacity. A Likert scale( 1- 4) questionnaire is exercised for the dimension. Data source is primary. This study shows that time pressure, deadline pressure, and job pressure don't affect the quality of foreign checkups. terminations of this study are that the questionnaire effects don't give his 100 valid comebacks due to lack of management, that the repliers are pacified by youthful observers, and that the study effects are in this range. Secondly, it can not be generalized to multitudinous regions in Indonesia. Research will be limited to a defined bone in Malang City.
{"title":"The Influence of Time Budget Pressure, Time Deadline Pressure and Work Stress on Audit Quality of External Auditor","authors":"Dodik Juliardi Iksan","doi":"10.33019/ijbe.v7i1.630","DOIUrl":"https://doi.org/10.33019/ijbe.v7i1.630","url":null,"abstract":"The purpose of this study was to try the goods of time pressure, deadline pressure, and work pressure on test quality among PAF observers in Malang City. The logical model exercised is a multitudinous retrogression dissection where the dependent variables are time pressure( X1), deadline pressure( X2), job pressure( X3) and the independent variable is test quality( Y). The study population was his PAF accountants in Malang, totaling 86. The sample exercised comported of her 52 repliers, utilizing a accessible sample of his eight account enterprises( PAF) in Malang megacity. A Likert scale( 1- 4) questionnaire is exercised for the dimension. Data source is primary. This study shows that time pressure, deadline pressure, and job pressure don't affect the quality of foreign checkups. terminations of this study are that the questionnaire effects don't give his 100 valid comebacks due to lack of management, that the repliers are pacified by youthful observers, and that the study effects are in this range. Secondly, it can not be generalized to multitudinous regions in Indonesia. Research will be limited to a defined bone in Malang City.","PeriodicalId":33131,"journal":{"name":"Integrated Journal of Business and Economics","volume":"97 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80530130","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This research attempts to examine how customer relationship management and customer experience influence customer satisfaction in Lampung Province retail complexes. Data was taken using non-random sampling method with purposive sampling technique and used to meet the number of samples as many as 135 respondents. Validity, reliability, construct reliability, and variance extraction were used to evaluate the quality of the data. Prior to data analysis, the Liliefors normal requirements, homogeneity, linearity, and significance of regression were examined. Structural Equation Modeling is a structural equation used to analyze the model. The research findings are that there is a direct positive effect of customer relationship management on customer experience, customer relationships have a direct positive effect on customer satisfaction, and customer experience has a direct positive effect on customer satisfaction
{"title":"The Influence of Customer Relationship Management and Customer Experience on Customer Satisfaction","authors":"S. Suharto, Y. Yuliansyah","doi":"10.33019/ijbe.v7i1.641","DOIUrl":"https://doi.org/10.33019/ijbe.v7i1.641","url":null,"abstract":"This research attempts to examine how customer relationship management and customer experience influence customer satisfaction in Lampung Province retail complexes. Data was taken using non-random sampling method with purposive sampling technique and used to meet the number of samples as many as 135 respondents. Validity, reliability, construct reliability, and variance extraction were used to evaluate the quality of the data. Prior to data analysis, the Liliefors normal requirements, homogeneity, linearity, and significance of regression were examined. Structural Equation Modeling is a structural equation used to analyze the model. The research findings are that there is a direct positive effect of customer relationship management on customer experience, customer relationships have a direct positive effect on customer satisfaction, and customer experience has a direct positive effect on customer satisfaction","PeriodicalId":33131,"journal":{"name":"Integrated Journal of Business and Economics","volume":"11 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91023341","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The synergy between the halal industry and sharia banking is essential to creating a halal ecosystem in Bangka Belitung Province. Meanwhile, this synergy has not been seen at this time. This qualitative research was conducted through a SWOT analysis to answer the causes of the lack of synergy between Islamic banking and the halal industry. The findings of this research show that the strength of this synergy is the majority Muslim population and religious harmony, abundant natural resources. The weakness of this synergy is that national regulations are not evenly distributed to support the halal ecosystem, and there are many obstacles to the development of Islamic banking. In terms of opportunities, this synergy can be seen in the rapid development of financial technology, the many types of halal industry businesses giving many options for Islamic banks to make financing products. Meanwhile, on the threat, this synergy is constrained by the low level of public literacy.
{"title":"The Potential Synergy of Halal Industry and Islamic Banking in Bangka Belitung Province: SWOT Analysis","authors":"Hendra Cipta, Hatamar Hatamar","doi":"10.33019/ijbe.v7i1.510","DOIUrl":"https://doi.org/10.33019/ijbe.v7i1.510","url":null,"abstract":"The synergy between the halal industry and sharia banking is essential to creating a halal ecosystem in Bangka Belitung Province. Meanwhile, this synergy has not been seen at this time. This qualitative research was conducted through a SWOT analysis to answer the causes of the lack of synergy between Islamic banking and the halal industry. The findings of this research show that the strength of this synergy is the majority Muslim population and religious harmony, abundant natural resources. The weakness of this synergy is that national regulations are not evenly distributed to support the halal ecosystem, and there are many obstacles to the development of Islamic banking. In terms of opportunities, this synergy can be seen in the rapid development of financial technology, the many types of halal industry businesses giving many options for Islamic banks to make financing products. Meanwhile, on the threat, this synergy is constrained by the low level of public literacy.","PeriodicalId":33131,"journal":{"name":"Integrated Journal of Business and Economics","volume":"57 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82199322","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study is about the Impact of ROA and DAR on Stock Prices in companies of Food and beverage companies listed on the Bursa Efek Indonesia (BEI). This study uses the annual financial report data and average data closing price of shares in 2021. In this study, the amount of data used as a sample is 30 companies. The data sources used are www.idx.co.id and www.financeyahoo.com. This study uses multiple linear regression analysis methods to see the influence of ROA and DAR on stock prices. The results obtained based on the chosen analytical method are that there is a positive and significant influence on the variable return on assets (ROA) on stock prices. Furthermore, the variable of DAR on stock price has a negative and insignificant impact.
{"title":"The Impact of ROA and DAR on The BEI F&B Stock Price During Covid-19","authors":"Asriani Hasan, Andi Risfan Rizaldi","doi":"10.33019/ijbe.v7i1.633","DOIUrl":"https://doi.org/10.33019/ijbe.v7i1.633","url":null,"abstract":"This study is about the Impact of ROA and DAR on Stock Prices in companies of Food and beverage companies listed on the Bursa Efek Indonesia (BEI). This study uses the annual financial report data and average data closing price of shares in 2021. In this study, the amount of data used as a sample is 30 companies. The data sources used are www.idx.co.id and www.financeyahoo.com. This study uses multiple linear regression analysis methods to see the influence of ROA and DAR on stock prices. The results obtained based on the chosen analytical method are that there is a positive and significant influence on the variable return on assets (ROA) on stock prices. Furthermore, the variable of DAR on stock price has a negative and insignificant impact. ","PeriodicalId":33131,"journal":{"name":"Integrated Journal of Business and Economics","volume":"82 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78529043","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study applies the gravity model to explore whether the establishment and the agreement of the ASEAN Free Trade Area (AFTA) have an impact on the export increase of rubber and crude palm oil commodity trade for the case ASEAN member countries namely, Indonesia-Malaysia-Thailand (IMT). The study uses time-series data, first for Indonesia using the period of 1996-2017 with trading partners as much as 21 countries for crude palm oil (CPO) commodity and 22 countries for rubber commodity. Secondly, the CPO export model for Malaysia using data during 1997-2017 with 23 trading partners countries. Thirdly, export rubber model for Thailand using a period of 1999-2017 with 16 trading partners countries. The estimate the Indonesian and Thailand export model for rubber commodity, and second, the same model also is estimated export CPO for the Indonesian and Malaysian. Generally, we found that the regression results it appears ASEAN member countries have not been fully benefited from the enactment of the AFTA, especially on the export of Indonesia's main commodities such as rubber and crude palm oil which destined for trading partners countries. As for the export of Thailand rubber and Malaysian crude palm oil, both countries are still relatively slightly better because the AFTA agreement has fully benefited. During the study period, the results of this study indicated that these three countries trade both commodities more intensely to the non-ASEAN countries
{"title":"ASEAN-FTA Impact on Rubber and Crude Palm Oil Export: An Empirical Evidence from IMT Countries","authors":"Isnurhadi Isnurhadi, Abdul Bashir, S. Suhel","doi":"10.33019/ijbe.v7i1.531","DOIUrl":"https://doi.org/10.33019/ijbe.v7i1.531","url":null,"abstract":"This study applies the gravity model to explore whether the establishment and the agreement of the ASEAN Free Trade Area (AFTA) have an impact on the export increase of rubber and crude palm oil commodity trade for the case ASEAN member countries namely, Indonesia-Malaysia-Thailand (IMT). The study uses time-series data, first for Indonesia using the period of 1996-2017 with trading partners as much as 21 countries for crude palm oil (CPO) commodity and 22 countries for rubber commodity. Secondly, the CPO export model for Malaysia using data during 1997-2017 with 23 trading partners countries. Thirdly, export rubber model for Thailand using a period of 1999-2017 with 16 trading partners countries. The estimate the Indonesian and Thailand export model for rubber commodity, and second, the same model also is estimated export CPO for the Indonesian and Malaysian. Generally, we found that the regression results it appears ASEAN member countries have not been fully benefited from the enactment of the AFTA, especially on the export of Indonesia's main commodities such as rubber and crude palm oil which destined for trading partners countries. As for the export of Thailand rubber and Malaysian crude palm oil, both countries are still relatively slightly better because the AFTA agreement has fully benefited. During the study period, the results of this study indicated that these three countries trade both commodities more intensely to the non-ASEAN countries","PeriodicalId":33131,"journal":{"name":"Integrated Journal of Business and Economics","volume":"62 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86922387","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：