scholarly journals DAYA SAING MINYAK SAWIT DAN DAMPAK RENEWABLE ENERGY DIRECTIVE (RED) UNI EROPA TERHADAP EKSPOR INDONESIA DI PASAR UNI EROPA

2018 ◽  
Vol 5 (2) ◽  
pp. 125
Author(s):  
Gisa Rachma Khairunisa ◽  
Tanti Novianti
Keyword(s):  
Renewable Energy ◽  
Palm Oil ◽  
Comparative Advantage ◽  
Export Price ◽  
Gravity Models ◽  
Real Gdp ◽  
Oil Exports ◽  
Real Gdp Per Capita ◽  
The Impact ◽  
The Eu

<em>Palm oil is Indonesia's main export commodity. The EU is Indonesia's largest palm oil importer second after India, so it can affect the condition of Indonesia's palm oil exports. In 2009 the EU issued a Renewable Energy Directive that may have an impact on Indonesia's palm oil exports. The purpose of this study was to analyze the competitive position of Indonesian palm oil using the Revealed Comparative Advantage (RCA) and the Export Product Dynamics (EPD) as well as analyze the impact of policies Renewable Energy Directive towards the export value of Indonesian palm oil using gravity models. RCA analysis results indicate that the Indonesian palm oil has a comparative advantage (RCA&gt; 1). Analysis of Indonesian palm oil EPD average is in position "Rising Star". The results of the analysis of gravity models show a real GDP per capita in the country of destination, the population of the country of destination, the export price of palm oil, and the Renewable Energy Directive policies significantly affect the value of exports of palm oil, while Indonesia and the real exchange rate had no significant effect within the economy.</em>

scholarly journals THE PHENOMENON OF GREEN TRADE PROTECTIONISM: ANALYSIS OF THE EU PALM OIL IMPORT BAN IN THE ASEAN REGION

2021 ◽  
Vol 31 (2) ◽  
pp. 103
Author(s):  
Maretha Syawallin Umarach
Keyword(s):  
European Union ◽  
Renewable Energy ◽  
Palm Oil ◽  
Global Competition ◽  
The European Union ◽  
Oil Exports ◽  
The World ◽  
High Contribution ◽  
Oil Sector ◽  
The Eu

Introduction: The policy issued by the European Union is the Renewable Energy Directive (RED) that turn creates barriers to palm oil exports from other countries to the European Union. The policy to ban palm oil under the pretext of protecting the environment is considered to be a new obstacle to trade. One of the rejection responses came from the ASEAN region. However, even though it has received a lot of protests and rejections, until 2020 the European Union has not changed its policy regarding the ban on the use of palm oil for biodiesel in the European region.Methods: This article focuses on the reasons for the European Union implementing protectionism policies towards the Palm Oil sector in the ASEAN region. The explanation regarding this focus is explained using the Neo Mercantilism approach.Results: The policy to ban palm oil imports can be analyzed to respond to the EU's ambition and concern that the climate emergency will jeopardize the trade process in the future. The European Union research group considers that oil palm plants have a high contribution to the problem of deforestation and forest and peatland diversion in the world, especially ASEAN. Howeever, it can also be seen that there are ambitions to protect the domestic production of biofuels from the EU sunflower and radishes from global competition. The above concerns and motivations then prompted the European Union to formulate protectionism for regional economic stability.Conclusion and suggestion: ASEAN, especially Indonesia and Malaysia, have become quite vocal actors in responding to this policy. Indonesia and Malaysia are the biggest contributors of palm oil exports to Europe. As well as causing an oversupply of global palm oil supplies, this policy is considered to discriminate against and violate free-trade norms.

scholarly journals EU-28’s progress toward the 2020 renewable energy share: a club convergence analysis

2021 ◽  
Author(s):  
María José Presno ◽  
Manuel Landajo
Keyword(s):  
Renewable Energy ◽  
Probit Model ◽  
Club Convergence ◽  
Capita Expenditure ◽  
Heating And Cooling ◽  
Real Gdp ◽  
Club Membership ◽  
Real Gdp Per Capita ◽  
Energy Share ◽  
The Eu

AbstractThis paper assesses the convergence of the EU-28 countries toward their common goal of 20% in the renewable energy share indicator by year 2020. The potential presence of clubs of convergence toward different steady-state equilibria is also analyzed from both the standpoints of global convergence to the 20% goal and specific convergence to the various targets assigned to Member States. Two clubs of convergence are detected in the former case, each corresponding to different renewable energy source targets. A probit model is also fitted with the aim of better understanding the determinants of club membership, which seemingly include real GDP per capita, expenditure on environmental protection, energy dependence, and nuclear capacity, with all of them having statistically significant effects. Finally, convergence is also analyzed separately for the transport, heating and cooling, and electricity sectors.

scholarly journals The Impact of Renewable Energy Investment on Economic Growth

2020 ◽  
Vol 9 (2) ◽  
pp. 234
Author(s):  
Harith Hadi Mohammed AlDarraji ◽  
Amir Bakir
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Trade Openness ◽  
Energy Investment ◽  
Independent Variables ◽  
Real Gdp ◽  
Significant Relationships ◽  
Real Gdp Per Capita ◽  
Renewable Energy Investment ◽  
The Impact

The study aimed to define and assess the impact of renewable energy on economic growth. It used panel data for 18 countries during the period 2008-2015. The FMOLS econometric technicality was used to estimate the relevant relations between the independent variables, namely; renewable energy, capital, labor and trade openness and the dependent variable, real GDP per capita. The study found that renewable energy affects economic growth positively, however, the elasticity was highly inelastic. Also, the study found positive and significant relationships between economic growth and the other three independent variables with inelastic elasticities. The study concluded that countries should be encouraged to invest in renewable energy and gradually decrease their dependence on conventional energy. Also, it highly recommended to remove all obstacles facing the development of renewable energy.

Measuring the Impact of Tourism on Economic Growth

2007 ◽  
Vol 13 (3) ◽  
pp. 379-388 ◽  
Author(s):  
Stanislav Ivanov ◽  
Craig Webster
Keyword(s):  
Economic Growth ◽  
General Equilibrium ◽  
Computable General Equilibrium ◽  
Gdp Per Capita ◽  
Equilibrium Models ◽  
Computable General Equilibrium Models ◽  
Real Gdp ◽  
Real Gdp Per Capita ◽  
Per Capita ◽  
The Impact

This paper presents a methodology for measuring the contribution of tourism to an economy's growth, which is tested with data for Cyprus, Greece and Spain. The authors use the growth of real GDP per capita as a measure of economic growth and disaggregate it into economic growth generated by tourism and economic growth generated by other industries. The methodology is compared with other existing methodologies; namely, Tourism Satellite Account, Computable General Equilibrium models and econometric modelling of economic growth.

scholarly journals ANALISIS DAYA SAING DAN FAKTOR-FAKTOR YANG MEMENGARUHI EKSPOR BAN INDONESIA KE KAWASAN AMERIKA LATIN

2018 ◽  
Vol 6 (1) ◽  
pp. 81-100
Author(s):  
Mia Ayu Wardani ◽  
Sri Mulatsih
Keyword(s):  
Latin America ◽  
Gravity Models ◽  
Tire Industry ◽  
Traditional Markets ◽  
Export Dynamics ◽  
Real Gdp ◽  
Rubber Tire ◽  
Real Gdp Per Capita ◽  
Per Capita ◽  
Good Export

The tire industry is an industry that has potential to increase Indonesian exports to non-traditional markets such as Latin America. The purpose of the study is to analyze the power of the comparative, competitive, and export dynamic of Indonesian tire and also the factors that affect the export of Indonesian tire to Latin America. The period of analysis used in this study is from 2009 to 2014 using the method of analysis are Revealed Comparative Advantage (RCA), Export Product Dynamic (EPD), Gravity models and Porter's Diamond. The results of this study are rubber tire Indonesia has strong competitiveness in Latin America than in the country of Argentina. In addition, the rubber tire Indonesia has a good export dynamics position (rising star) in the country of Panama, Venezuela, Uruguay, Mexico, Guatemala, and Costa Rica. Factors that affect the export of Indonesian rubber tire to Latin America is the distance economies, Indonesia's per capita real GDP, real GDP per capita of the destination country, the real exchange rate, and the population of the destination country.Keywords: Competitiveness, Gravity Model, Porter’s Diamond,Tire

scholarly journals The Impact of Financial Development on Economic Growth as Countries Develop Financially and Economically: WAEMU Countries Case

2018 ◽  
Vol 5 (5) ◽  
pp. 83
Author(s):  
Daouda Coulibaly
Keyword(s):  
Financial Development ◽  
West African ◽  
Seemingly Unrelated Regression ◽  
Per Capita Gdp ◽  
Real Gdp ◽  
Unrelated Regression ◽  
Cointegration Tests ◽  
Real Gdp Per Capita ◽  
Per Capita ◽  
The Impact

We analyse financial development’s impact on real gross domestic product per capita in seven West African Economic and Monetary Union (WAEMU) countries from 1970 to 2014. We assume that income and financial development process converge to USA, France and Japan’s levels respectively. An analysis of the unit root and cointegration tests revealed non-stationary and cointegrated series. Estimates are based on the Dynamic Seemingly Unrelated Regression method (DSUR). Our study shows that, (i) the effect of financial development on real per capita GDP improves in WAEMU countries as the latter converge financially to their respective levels in USA, France and Japan; (ii) the effect of financial development on real GDP per capita decreases in the WAEMU countries as they grow economically to reach USA, France and Japan’s income levels; (iii) the degree of the effect of financial development on real per capita GDP in the case of financial systems is stronger than that of the convergence of income.

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