Transformasi Hijau dan Implikasinya terhadap Daya Saing Berkelanjutan

Transformasi Hijau dan Implikasinya terhadap Daya Saing BerkelanjutanAbstractThis paper examines the linkage of green transformation and competitive advantage at the global level using constant market share and global value chain analysis. Constant market share analysis is used to measure a country’s trade contribution by comparing a country’s export growth with world export growth. Global value chain analysis is also employed to strengthen the constant market share analysis by looking at the role of green transformation in boosting the Indonesian competitiveness in the global supply chain. To achieve the objective of this study, data was collected from secondary sources such as the United Nations Comtrade Database and Asian Development Bank multi-regional input-output (ADB MRIO) for the period of 2000-2018. Constant market share analysis shows that dirty manufactured products from Indonesia can no longer be relied on to compete in the US and European markets due to the increasingly stringent environmental standards and regulations in those countries. Meanwhile, global value chain analysis finds that the clean manufacturing industry has higher competitiveness than the gross manufacturing industry at the global market level. For this reason, this study concludes that the future of Indonesia's manufacturing industry to compete at the global level is in the hand of the clean manufacturing industry.Keywords: green transformation; competitiveness; environmental regulation; constant market share analysis; global value chain analysisJEL Classification: F14, F18, Q56