Teori Perdagangan Baru dan Implikasinya terhadap Strategi Perdagangan Indonesia

Mohamad Ikhsan
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Mohamad Ikhsan: Researcher, Institute for Economic and Social Research, Faculty of Economics, University of Indonesia, Jakarta

Economics and Finance in Indonesia, 1997, vol. 45, 313-334

Abstract: Orthodox theories of international and trade were developed based on two key assumptions: perfect competition and constant return to scale. According to these theories, the main deteerminants of international trade are differentials in either technology or resource endouments. New theories of international trade, on the other hand, we based on assumptions of market imperfections and increasing returns to scale. These theories provide a ground for government intervention to promote export growth. Unfortunately; thessse theories still contain some weaknesses, in bath their robustness and policy implementations. Implementing these theories withoutsufficient knowledge abaout international trade theories and industrial organization will only create new distortions which will be very costly in longer term.

Date: 1997
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