Dynamic linkages between transport, logistics, foreign direct Investment, and economic growth: Empirical evidence from developing countries

Saidi, Samir; Mani, Venkatesh; Mefteh, Haifa; Shahbaz, Muhammad; Akhtar, Pervaiz

doi:10.1016/j.tra.2020.09.020

Cited by 100 publications

(91 citation statements)

References 98 publications

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“…They attribute this to the reduction in transportation expenditures resulting in the decrease in production costs. French and Chinese scientists have a similar opinion [4]. Based on the study carried out by the scientists from 46 countries, it is concluded that there is a relationship between the transport and logistics infrastructure and FDI promotion.…”

Section: Introductionmentioning

confidence: 79%

Assessment of transport and logistics commerce in agriculture for the Southern Federal District of Russia

2021

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The scientific paper provides a comparative analysis of the development level of the transport infrastructure in the Russian Federation constituents of the Southern Federal District. The analysis of the statistical data on the transport activity shows an increase in the volume of transport services in Rostov-on-Don and Krasnodar from 2012 to 2018. In Volgograd region and Astrakhan Oblast there is a decrease by 22% and 6% respectively. With regard to the motor hard surface highways per 1000 km2 there is a significant difference between the Russian Federation constituents in the Southern Federal District. The gap in the values of indicators in Krasnodar, Rostov-on-Don and other regions reaches 50%. In addition, a direct relationship between the social indicators and the volume of transport services for the period under consideration has been identified. In order to assess the development level of the region's transport and logistics infrastructure an integral indicator has been calculated based on the calculation of the relative coefficients of the transport activity in the Russian Federation constituents. As a result, the study shows that the highest value of the integral indicator characterizing the development level of the vehicular transport infrastructure is in Krasnodar Territory, the lowest value is in the Republic of Kalmykia. It should be noted that there is a significant imbalance in the development level of the transport and logistics infrastructure in different regions, which determines their different investment attractiveness and social and economic progress.

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Section: Introductionmentioning

confidence: 79%

Assessment of transport and logistics commerce in agriculture for the Southern Federal District of Russia

2021

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“…In the competition for foreign direct investment inflow, developing countries try to improve their investment environment by updating policies. Enterprises in these countries or regions wish to improve production efficiency, and they will promote the development of complex transportation systems to make them more competitive [48]. Under the background of BRI, TII will bring prosperity to target country.…”

Section: Discussionmentioning

confidence: 99%

Evaluation of Chinese Transport Infrastructure Investment Performance in Countries along the Belt and Road Initiative

Liu

Jin

et al. 2021

Mathematical Problems in Engineering

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Since the launch of the Belt and Road Initiative (BRI) in 2013, Chinese enterprises have invested heavily in transport infrastructure projects. In order to better promote Chinese overseas transport infrastructure investment (TII) and avoid additional risks, it is necessary to scientifically assess the performance of Chinese TII in countries along the BRI and explore the promotion path of Chinese TII performance. For this reason, we used a superefficient slacks-based measurement (SE-SBM) model to calculate Chinese TII performance based on 5 dimensions, including political environment, economic environment, institutional environment, humanistic environment, and social environment. These 5 dimensions were divided into 14 indicators, and we used quantification with indirect data to quantify all indicators. Then, according to the performance value of selected countries, we classified them into high-, medium-, and low-performance areas. Next, combined with the scale of returns and the shadow price of input indicators, we provided the promotion measures of each performance area. Our analysis generates valuable measures to reduce TII risks and better promote the connectivity of countries along the BRI.

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“…Here, the main objective was to identify the influential factors [30][31][32][33] and explain an interrelation between logistics and economy [34][35][36][37]. In contrast, other studies have investigated the impact of transport and logistics in investigating similar relationships [12][13][14]. For example, researchers in those studies analyzed multiple associations, including the interrelationship between traffic turnover volume, freight volume, and economic growth [38,39]; relating the port capacity to the total value of import and export; linking external trade to economic growth [13,16,24]; and associating logistics services to economic activity [40].…”

Section: Review Of the Literaturementioning

confidence: 99%

“…Some researchers observed logistics in exploring similar relationships [9][10][11]. In contrast, the other empiricists investigated the impact of transport and logistics on economic growth [12][13][14]. Besides, few scholars have also focused on logistics infrastructure and its positive relationship with economic growth [15][16][17].…”

Section: Introductionmentioning

confidence: 99%

A Correlative Analysis of Modern Logistics Industry to Developing Economy Using the VAR Model: A Case of Pakistan

Hanif

Baig

et al. 2020

Journal of Advanced Transportation

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The modern logistics industry has opened new strategic perspectives in establishing its interrelation with economic growth. In recent years, understanding such an overlap has become a policy issue considering ever-increasing factors and their influence on this relation. Most existing studies have explored this interaction from a general perspective, or for developed countries. This paper explores time-series analysis of the dynamic variables and their inter-related influence in both the short and long run on the relationship between modern logistic industry and economic growth—a more specific perspective, particularly for developing countries. Accordingly, we exemplify our analysis by employing the vector autoregression (VAR) model to the most updated time series data of investment in the logistics industry and the economic growth of Pakistan from 1990 to 2018. The empirical findings endorse the previous studies’ outcomes and recognize the importance of sustainable economic development concerning continuously improving the logistics industry. However, a unidirectional relation is observed that economic growth leads to developing the logistics industry—economic growth exerts a significant demand-pull effect on Pakistan’s logistics. It implies that logistic industrial development is comparatively quicker in the geographical areas where economic growth is higher than those areas where economic growth is low. To conclude this study’s findings, logistics industry reforms should prioritize the selected geographical areas in improving the economy that would lead to the modern logistics industry’s development. As the model adopts Pakistan’s context, the overall statistical analysis can be generalized to other developing economies. These results would be of particular interest to strategy makers working in developing countries and help them design and develop modern transportation and logistics, coupled with interlinked technological factors, which would attract investment in the logistics industry for sustainable economic development.

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Dynamic linkages between transport, logistics, foreign direct Investment, and economic growth: Empirical evidence from developing countries

Cited by 100 publications

References 98 publications

Assessment of transport and logistics commerce in agriculture for the Southern Federal District of Russia

Assessment of transport and logistics commerce in agriculture for the Southern Federal District of Russia

Evaluation of Chinese Transport Infrastructure Investment Performance in Countries along the Belt and Road Initiative

A Correlative Analysis of Modern Logistics Industry to Developing Economy Using the VAR Model: A Case of Pakistan

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