Analysis of Constant Market Share of Indonesia's Export of Natural-Resources-Intensive Manufactured Products to Singapore and South Korea (1979-1996)

Abstract

This research is intended to analyze the Indonesia's export of natural-resources-intensive manufactured products to Singapore and South Korea period 1979 until 1996 by using Constant Market Share (CMS) method. CMS method uses four effects, namely the Growth of World Export Effect (GWE), the Commodity Composition Effect (CCE) and the Competitiveness Effect (CE). The data employed in the study are secondary data picked from several reputable publications. The research is divided by 4 periods for export destination of Singapore namely 1979-1982, 1982-1986," 1986-1991 and 1991- 1996. While for export destination of South Korea is 3 periods namely 1987-1989, 1989-1991 and 1991-1994. The result of CMS analysis give information that the growth of world export has positive effect on the growth of Indonesia's export of naturalresources- intensive manufactured products in most of research periods in both of export destination countries. The commodity composition has negative effect on the growth of Indonesia's export of natural-resources-intensive manufactured products in most of research periods in both of export destination countries. The competitiveness has positive effect on the growth of Indonesia's export of natural resources- intensive manufactured products in most of research periods in both of export destination countries.