Analysis of Indonesia's Soybean Competitiveness
Journal Title: Journal of Economics, Finance and Management Studies - Year 2023, Vol 6, Issue 08
Abstract
The current national soybean demand is reaching 4 million tons, but domestic production only meets 1/16 of that demand. The increasing domestic soybean demand, coupled with a decreasing national soybean production each year, has led to Indonesia's dependence on imports. There are numerous issues with the soybean commodity that have resulted in the weak competitiveness of Indonesian soybeans in the international market. However, several soybean production centers show that soybean cultivation is still viable for development. This research aims to analyze the competitiveness level of Indonesian soybean commodities. Revealed Comparative Advantage (RCA) analysis is utilized to assess the competitiveness level of Indonesian soybeans in the international market. The research findings that The RCA value is less than 1, indicating that Indonesian soybeans lack competitiveness or have weak competitiveness.
Authors and Affiliations
Aura Brhitania Purnamasari, Syarif Imam Hidayat, Mirza Andrian Syah
Keywords
Related Articles
- EP ID EP727312
- DOI 10.47191/jefms/v6-i8-47
- Views 33
- Downloads 0
A Proposed Factors of Social Media Advertisements Influencing Young Customers Brands Preference: Empirical Study
This study aims to investigate and testing the proposed factors of social media advertisements influencing young customers brand preferences. A number of e. marketing contributions to marketing management to understand...
Analysis of Travel Intentions in Tourists with Disabilities: Study of Constraints, Subjective Norms, Attitude and Perceived Behavioral Control
In tourism studies, people who travel are called tourists. Tourists consist of various groups, one of which is groups with special needs. This group of tourists requires holistic facilities, infrastructure and facilities...
The role of the World Trade Organization in achieving the interests of developing countries “Egypt Case”
The principles of the World Trade Organization (WTO) included a set of exceptions to help developing countries to speed up the process of their economic development. Therefore, the research problem focused on the extent...
Family Business Towards an Enterprising Family: A Theoretical Review of Performance Measurement
Family businesses have an important role in the economy, and on the other hand also have deviations from the general assumptions of a firm. The existence of a family element in its activities makes family businesses tend...
The Challenges Facing I.T. Organizations from Romania in Implementing Effective Talent Management
History shows that every crisis brings with it numerous challenges in several fields, of which the economic, financial or business is no exception. In the context of the post-Covid crisis and the crisis generated by the...