Gross domestic product and logistics performance index drive the world trade: A study based on all continents

Jayathilaka, Ruwan; Jayawardhana, Chanuka; Embogama, Nilupul; Jayasooriya, Shalini; Karunarathna, Navodika; Gamage, Thisara; Kuruppu, Nethmali

doi:10.1371/journal.pone.0264474

Cited by 17 publications

(12 citation statements)

References 40 publications

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“…From 2010 to 2014, logistics demand was higher, with the largest gap in 2012. Since customer needs are continuously changing, along with the expansion of e-commerce, the logistics industry needs to combine a variety of channels to support the seamless shopping experiences [ 41 , 42 ]. However, practical factors such as insufficient investment in logistics equipment and technologies may hinder the growth of FT factor.…”

Section: Resultsmentioning

confidence: 99%

Towards the sustainable development of logistics system model: A system dynamics approach

Zhai²,

Fu³

et al. 2023

PLoS ONE

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The contradiction between the limited service capacity of system and the explosive growth of demand has hampered the sustainable development of logistics system. Taking into account the structure of logistics system, this study introduces a system dynamics approach to explore the complex correlation and coupling structure of system, analyzes the multiple feedback loops and design the different scenarios. Results show that the validity and rationality of logistics system model, and the error percentage of GDP and logistics demand factors less than 6%. The influence of the investment in reverse logistics, logistics management, information and organizational management factor on the service quality of logistics system increases in turn. Additionally, adjustment of industrial structure has a significant impact on the investment in information management factor, and highway transportation plays a key role in influencing logistics energy consumption and carbon emissions indexes. The findings can provide valuable references and methodologies, as well as support for decision-making in the sustainable development of logistics system.

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Section: Resultsmentioning

confidence: 99%

Towards the sustainable development of logistics system model: A system dynamics approach

Zhai²,

Fu³

et al. 2023

PLoS ONE

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“…The analytical technique applied in the research is regression analysis, and for the regional analysis, a panel data del was employed, while for the country-specific analysis, a Multiple Linear Regression (MLR) was utilised. As per Jayathilaka, Jayawardhana [ 54 ], the limited number of time series is a constraint in utilising non-stationary and dynamic panel data models. Therefore, it was determined that the most suitable panel regression models are Pooled Ordinary Least Square (POLS), Random Effect (RE) and Fixed Effect (FE), and POLS method allowing the country specific effect to exist indicated it is not the most appropriate model for this study [ 55 , 56 ].…”

Section: Methodsmentioning

confidence: 99%

Determining the influence of LPI, GCI and IR on FDI: A study on the Asia and Pacific Region

et al. 2023

Self Cite

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This study examines the impact of the Logistics Performance Index (LPI), Global Competitiveness Index (GCI) and Interest Rates (IR) on Foreign Direct Investment (FDI) for the Asia & Pacific region. The study is original as extensive evidence on the impact of LPI, GCI and IR on FDI in the Asia & Pacific region are examined initially. For the years 2007, 2010, 2012, 2014, 2016 and 2018, data was gathered for 33 nations in the Asia and Pacific area. Data analysis was performed using a panel regression model and multiple linear regression. The findings of the study reveal that LPI, GCI and IR are the three major factors influencing FDI inflows into the economies. However, the impact of these factors varies from country to country. The results concluded that LPI positively impacts FDI in India, Korea, Lebanon, and Oman. In contrast, a negative influence was observed for China, Kuwait and the Philippines. GCI positively impacts FDI in China, Korea, Kuwait, Pakistan and the Philippines, while a negative impact was observed in Armenia, India, Lebanon. Furthermore, IR has a positive impact on FDI flows in China and Egypt while in Korea and Lebanon, a negative impact was observed. Therefore, policymakers should focus more on improving the infrastructural requirements and macroeconomic factors while considering the other country-level variables that influence the FDI in flow.

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“…Better logistics performance enhances a country's competitiveness in the global market (Göçer, Özpeynirci, & Semiz, 2022). Efficient logistics management contributes to higher Gross Domestic Product (Jayathilaka et al, 2022). The relationship between economic growth and effective logistics systems is generally positive; it is not always straightforward and depends on a variety of factors.…”

Section: Theoretical Frameworkmentioning

confidence: 99%

Measurement the Impact of Logisitc Management System on Economic Growth in Selected Asian Countries

Akhunzada

Ali

2023

Pak. J. Humanit. Soc. Sci

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This study intended to investigate the impact of on logistics management system on economic growth in selected Asian countries for the period of 2009-2018. Moreover, the impact of renewable energy consumption is association with logistics management system is also examined. There are six (06) sub-regions in Asia and from each region, two countries are selected. Effective logistic Management System is measured by different six (06) components are chosen to get the clear impact on growth. Hausman test suggested to use Random effect regression analyses for the said investigation. The results of the mentioned techniques showed that the impact of Logistics management system components i.e. LPIEA, LPIEC and LPIFS are found significant in the absence of renewable energy and CO2 was found effective to affect growth. While in the presence of renewable energy consumption the components of Logistics management system i.e. LPIAT, LPICQ, LPIEC and LPIQT are found significant to affect growth in the study area. Moreover, renewable energy consumption is found significant to affect growth. Policymakers in Asian countries should prioritize investment in these areas to promote sustainable development and contribute to global efforts to combat climate change.

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Gross domestic product and logistics performance index drive the world trade: A study based on all continents

Cited by 17 publications

References 40 publications

Towards the sustainable development of logistics system model: A system dynamics approach

Towards the sustainable development of logistics system model: A system dynamics approach

Determining the influence of LPI, GCI and IR on FDI: A study on the Asia and Pacific Region

Measurement the Impact of Logisitc Management System on Economic Growth in Selected Asian Countries

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