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Industrial policy in Indonesia: A quantitative analysis of Indonesia’s nickel export ban

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Detalhes bibliográficos
Resumo:In recent years, the global energy transition has triggered intense debates in developing countries. In this context, Indonesia, the world's fourth most populous country and member of the G20, has implemented a series of industrial policies. Although industrial policy is not new to Indonesia, since the past decade, state intervention has focussed on the natural resources and their role in the global market as well as their importance for energy transition. This thesis delves into the consequences of Indonesia's export ban on nickel, a metal crucial for electric vehicle batteries and integral to the green transition. Analysing a time series dataset comprised between 1989 and 2021 gathered from the World Bank and FRED, the results of the multiple linear regression show, that nickel export has a slightly positive correlation with the GDP growth rate and the years of the export ban do not show any statistical significance yet. Given that this behaviour of “resource nationalism” is relatively recent, it gives opportunities for research in the upcoming years.
Autores principais:Baumgartner, Sophie
Assunto:Indonesia Política industrial -- Industrial policy Export ban Nickel Developing economies Indonésia Proibição de exportação Níquel Economias em desenvolvimento
Ano:2023
País:Portugal
Tipo de documento:dissertação de mestrado
Tipo de acesso:acesso aberto
Instituição associada:ISCTE
Idioma:inglês
Origem:Repositório ISCTE
Descrição
Resumo:In recent years, the global energy transition has triggered intense debates in developing countries. In this context, Indonesia, the world's fourth most populous country and member of the G20, has implemented a series of industrial policies. Although industrial policy is not new to Indonesia, since the past decade, state intervention has focussed on the natural resources and their role in the global market as well as their importance for energy transition. This thesis delves into the consequences of Indonesia's export ban on nickel, a metal crucial for electric vehicle batteries and integral to the green transition. Analysing a time series dataset comprised between 1989 and 2021 gathered from the World Bank and FRED, the results of the multiple linear regression show, that nickel export has a slightly positive correlation with the GDP growth rate and the years of the export ban do not show any statistical significance yet. Given that this behaviour of “resource nationalism” is relatively recent, it gives opportunities for research in the upcoming years.