Proceedings of the International Conference on Trade 2019 (ICOT 2019)

Indonesia Global Value Chain Participation in Regional Comprehensive Economic Partnership (RCEP)

Authors
Steven Raja Ingot, Dian Dwi Laksani
Corresponding Author
Steven Raja Ingot
Available Online September 2019.
DOI
https://doi.org/10.2991/icot-19.2019.34How to use a DOI?
Keywords
RCEP, GVC, Trade in Value Added
Abstract

The Global Value Chain (GVC) has proved to be an important factor that encouraged trade in the last 30 years. Cooperation within the RCEP can facilitate Indonesian trade as an effort to increase value added within global value chain framework. Economic cooperation is proven as a way to boost GVC participation within its member in the region, including the Regional Comprehensive Economic Partnership (RCEP) due to regulation uniformity. The study used Descriptive Qualitative statisctics and Trade in Value Added (TiVA) data aims to identify Indonesias GVC participation within RCEP as well as its position in GVC participation. Specifically, this study uses the participation index, the index of the number of production stages and index of the distance of the final product. The study shows that Indonesias GVC participation is higher than neighboring countries such as Malaysia and Thailand however, compared to other East Asian countries Indonesia is still low. Most of Indonesias GVC participation is as a supplier of raw material. Within RCEP, Indonesias participation in GVC is still dominated by Low Technology Industries. To maximize Indonesia GVC participation within RCEP and boost trade, public-private cooperation and predictable trade, as well as investment climate reforms, is required.

Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the International Conference on Trade 2019 (ICOT 2019)
Series
Advances in Economics, Business and Management Research
Publication Date
September 2019
ISBN
978-94-6252-798-0
ISSN
2352-5428
DOI
https://doi.org/10.2991/icot-19.2019.34How to use a DOI?
Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Steven Raja Ingot
AU  - Dian Dwi Laksani
PY  - 2019/09
DA  - 2019/09
TI  - Indonesia Global Value Chain Participation in Regional Comprehensive Economic Partnership (RCEP)
BT  - Proceedings of the International Conference on Trade 2019 (ICOT 2019)
PB  - Atlantis Press
SP  - 159
EP  - 163
SN  - 2352-5428
UR  - https://doi.org/10.2991/icot-19.2019.34
DO  - https://doi.org/10.2991/icot-19.2019.34
ID  - Ingot2019/09
ER  -