Revealed Comparative Advantage and Factors Influencing ASEAN Rice Exports in 2003-2022
DOI:
https://doi.org/10.46851/209Abstract
Rice plays a crucial role in maintaining food security in ASEAN, making the study of rice exports essential. This research aims to identify the factors influencing rice export competitiveness and the comparative advantages of ASEAN countries in rice trade from 2003 to 2022. It addresses fluctuations in rice exports and inconsistencies in existing literature. The study employs quantitative methods, including Revealed Comparative Advantage (RCA) analysis, descriptive statistics, inferential statistics, panel data regression, and classical assumption tests to ensure the reliability of regression results. Key factors analyzed include GDP, currency exchange rates, rice prices, population, production, and tariffs. The results of this study show that Myanmar has the highest Revealed Comparative Advantage (RCA) in rice exports among ASEAN countries, while Indonesia has the lowest RCA. Factors such as GDP, currency exchange rates, rice production volume, and rice prices positively and significantly affect the value of rice exports. On the contrary, rice tariffs have a negative and significant impact on rice exports. The conclusion of this study is that to increase rice exports, ASEAN countries need to invest in agricultural mechanization, infrastructure, technology, as well as improve rice logistics and quality. In addition, they must maintain currency stability, reduce tariffs through free trade agreements, and encourage innovation in the rice supply chain
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This work is licensed under a Creative Commons Attribution 4.0 International License.
