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

• Autor(a) principal: Baumgartner, Sophie
• Data de Publicação: 2023
• Tipo de documento: Dissertação
• Idioma: eng
• Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
• Texto Completo: http://hdl.handle.net/10071/30775
• topic: Indonesia; Política industrial -- Industrial policy; Export ban; Nickel; Developing economies; Indonésia; Proibição de exportação; Níquel; Economias em desenvolvimento

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.