Analysis of Beef Exports to Indonesia: 1973-1997

This research analyzes Indonesia and an export market for beef from the United States. The findings of this analysis are presented within the contexts of (1) problem identification, (2) theory background, (3) methodology, (4) literature review, (5) empirical research findings, and (6) conclusion.

The agricultural industry has been a leading export earner for the United States for several decades. The globalization of the economy has encouraged the industry to seek further growth through exploiting export markets. The recent economic collapse in many southeast Asian countries, however, has begun to take its toll on American exports.

This research examines one export market for the American agricultural industry in this period of economic uncertainty. The market is beef exports. The focus country for this analysis is Indonesia.

National economies around the world are more dependent on one another than at any time in the past. The increasing globalization of the economic sphere of life has ushered in a period wherein economic policies implemented by a major industrial power affect not only the national economy of that specific country, but also affect the level and character of economic activity in all other countries.

Neoclassical economic theory holds that trade is an engine of economic growth. Demands for products overseas will generate more jobs at home. In

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followed in the conduct of this analysis is quantitative in nature. Data are analyzed through the application of linear regression procedures. The period of analysis was the 25 years bounded by 1973 and 1997. The variables included in this analysis are as follows: 1. Dependent variable: Beef imports in Indonesia from the United States stated in metric tons (MT). 2. Independent variables: a. Value of beef imports to Indonesia from the United States stated in US$ (000). b. Price of beef imports to Indonesia from the United States stated in US$/MT. c. Population of Indonesia. d. Per capita income in Indonesia stated in US$. e. Price of a substitute product in Indonesia stated in US$. The substitute product was soy beans. f. Price of a complementary product in Indonesia stated in US$. The complementary product was beef from New Zealand. g. The rate of consumer price inflation in Indonesia. h. The international currency exchange rate of the Indonesian rupiah. Literature Review An important aspect of financial regulation in Indonesia involves the permission of monopolistic enterprise. Monopolies are permitted (created) by government regulation in Indonesia in a wide variety of industries and economic activi
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Some common words found in the essay are:
Background National, Bank Indonesia, United Japan, European Community, Trade GATT, International Monetary, World Bank, EXPORTS INDONESIA, Weight Rating, ASEAN Secretariat, comparative advantage, country risk, indonesian government, industrial policy, exchange rate, external debt, overall assessment, international trade, bank indonesia, free trade, overall assessment country, theory comparative advantage, imports indonesia united, assessment country risk, country risk indonesia,
Approximate Word count = 3719
Approximate Pages = 15 (250 words per page)