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Abstract

This study analyzes the effect of Japan’s foreign direct investment on Indonesia’s intra-industry trade (IIT) with Japan from 1990-2017. IIT is decomposed into 3 types, horizontal IIT (HIIT), upper vertical IIT (UVIIT), and lower vertical IIT (LVIIT) which indicates quality. The estimation result show that Japanese direct investment have a significant role in enhancing bilateral IIT. Analysis on each type of IIT reveals that Japanese direct investment have positive significant impact on HIIT and LVIIT, but there is no evidence on its impact to UVIIT.

Bahasa Abstract

Penelitian ini menganalisis dampak penanaman modal asing (PMA) terhadap perdagangan intra-industri (IIT) Indonesia dengan salah satu mitra dagang utama yaitu Jepang, selama kurun waktu 1990–2017. IIT didekomposisikan menjadi 3 tipe, horizontal IIT (HIIT), upper vertical IIT (UVIIT), dan lower vertical IIT (LVIIT) yang mengindikasikan kualitas. Hasil estimasi menunjukkan PMA Jepang memiliki peran yang signifikan untuk meningkatkan IIT bilateral kedua negara. Hasil analisis pada masing-masing tipe IIT menunjukkan bahwa PMA Jepang memiliki dampak positif signifikan terhadap LVIIT dan HIIT, namun tidak terbukti memiliki dampak terhadap UVIIT.

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