Pembangunan ekonomi Indonesian-Malaysian trade competitiveness and flow in West Asian region: a comparison

Abstract

Dynamic and interdependence economies as the globalization consequences have increasing the urgency of trade competitiveness as a relevance survival benchmark. The first objective of the research is directed to track, as well as to compare the Indonesian and Malaysian trade competitiveness in historical perspective. West Asian region is chosen as the specific potential market destination by using the appropriate analytical tools of trade competitiveness indicators. Meanwhile, the second objective is to analyze the determinant factors of Indonesian and Malaysian trade flow to West Asian region with gravity model. The actual portrays of comparison between Indonesian and Malaysian trade competitiveness in West Asian region can be used to formulate the trade policy of the regions.