Manuscript Number : GISRRJ19262

Impact of Indonesia-Taiwan Bilateral Cooperation on Indonesia Economy

Authors(3) :-Betrix Silitonga, Wiwiek Rindayati, Widyastutik

This study aims to analyze the impact of bilateral economic cooperation between Indonesia and Taiwan on macroeconomic performance and sectoral economics in Indonesia. The inferential analysis is used to ensure that commodities that are ranked as the main results of sectoral selection requests are indeed worthy of being recommended in the Indonesia-Taiwan cooperation scheme. RCA index is one of the proxies used in conducting inferential analysis. The impact of cooperation in trade schemes between Indonesia and Taiwan was obtained from simulation analysis using GTAP version 9. Through the cooperation of Indonesia-Taiwan, Indonesia macroeconomic performance has increased, such as welfare, Gross Domestic Product/GDP, consumption (private and government), investment and inflation in all simulations. Cooperation between Indonesia and Taiwan caused the largest increase in Indonesia output in the sector wearing apparel while the largest export was sectoral oil seeds. Indonesian imports experienced the largest increase in sectoral textiles and the demand for skilled labor increases more than the demand for unskilled labor.

Authors and Affiliations

Betrix Silitonga
Alumni of Master in Economics Program, IPB University, Bogor, Indonesia
Wiwiek Rindayati
Lecturer in Economics Program, IPB University, Bogor, Indonesia
Widyastutik
Lecturer in Economics Program, IPB University, Bogor, Indonesia

CGE, Integration, Liberalization, Macroeconomics and Sectoral

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Publication Details

Published in : Volume 2 | Issue 6 | November-December 2019
Date of Publication : 2019-12-30
License:  This work is licensed under a Creative Commons Attribution 4.0 International License.
Page(s) : 01-18
Manuscript Number : GISRRJ19262
Publisher : Technoscience Academy

ISSN : 2582-0095

Cite This Article :

Betrix Silitonga, Wiwiek Rindayati, Widyastutik, "Impact of Indonesia-Taiwan Bilateral Cooperation on Indonesia Economy", Gyanshauryam, International Scientific Refereed Research Journal (GISRRJ), ISSN : 2582-0095, Volume 2, Issue 6, pp.01-18, November-December.2019
URL : https://gisrrj.com/GISRRJ19262

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