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https://doi.org/10.18488/journal.1005/2020.10.1/1005.1.364.378

has been cited by the following article:

• TITLE: Demand for Indonesia’s Coconut Crude Oil in the Netherlands: Application of LA/AIDS Model

  AUTHORS: Imanuel do Rosário Ximenes, Rita Nurmalina, Amzul Rifin

  KEYWORDS: Coconut Crude Oil, LA/AIDS, Competition, Indonesia

  JOURNAL NAME: Open Journal of Business and Management, Vol.10 No.1, January 6, 2022

  ABSTRACT: Besides the Philippines, Indonesia is the second-largest coconut crude oil exporter country in the Netherlands. The level of competition for Indonesia’s coconut crude oil (CCO) is necessary to estimate in the main market. The primary aim of this study was to analyze the level of competition for Indonesia’s coconut crude oil in the Netherlands, using a linear approximate AIDS model. The data used monthly time series on import values and quantities from 2004 to 2019 by the Netherlands. The results indicate that Indonesia’s position in the Netherlands was inferior compared to the Philippines. The own-price elasticity of Indonesia’s coconut crude oil was non-sensitive to the price change. Moreover, Indonesia and the Philippines were competing with each other. Thus, increasing the coconut crude oil export and improving quality size is one of the alternative strategies to catch up with the competition in the Netherlands.