Table 2.
Variable definitions.
Variable Name | Definition | Source |
---|---|---|
Non-Oil and Gas Exports | Total exports minus oil and gas commodities (SITC 333, SITC 334, 335, SITC 34). | UN COMTRADE |
Foreign Direct Investment | FDI from the export destination country to Indonesia | Ministry of Investment (before: Investment Coordi-nating Board or BKPM) |
GDP per capita | The market value of all final goods and services produced in an export destination country divided by population of the destination country | World Bank |
Nominal Exchange Rate | Rupiah nominal exchange rate against US $. | UNCTAD |
Geographical Distance | Distance between national capitals | CEPII |
Free Trade Agreements | Free trade agreement between Indonesia and export destination countries (signed and in effect) | ADB |
Indonesian Trade Promotion Center (ITPC) |
Center for the promotion of Indonesian exports abroad or Indonesia's export promotion agencies in certain export destination countries. | Ministry of Trade Indonesia |