The Relationship between Logistics and Economic Development in Indonesia: Analysis of Time Series Data

Abstract

This paper investigates the relationship between logistics and economic development in Indonesia using time series data on traffic volume and economic growth for the period from 1988 to 2010. Literature reviews were conducted to find the most applicable econometric model. The data of cargo volume that travels through sea, air and rail is used as the logistics index, while GDP is used for the economic index. The time series data was tested using stationarity and co-integration tests. Granger causality tests were employed, and then a proposed logistic model is presented. This study showed that logistics play an important role in supporting and sustaining economic growth, in a form where the economic growth is the significant demand-pull effect towards logistics. Although the model is developed in the context of Indonesia, the overall statistical analysis can be generalized to other developing economies. Based on the model, this paper presented the importance of sustaining economic development with regards continuously improving the logistics infrastructure.

Pengaruh Infrastruktur Transportasi dan Urbanisasi Terhadap Pertumbuhan Ekonomi di Negara ASEAN

“…Selain itu hasil temuan penelitiannya ini sejalan dengan Reza (2013), menemukan transportasi angkutan barang berhubungan negatif dan signifikan terhadap pertumbuhan ekonomi yang diukur dengan PDB. Xie & Luo (2015) menyatakan dalam penelitiannya angkutan barang tidak berpengaruh pada pertumbuhan ekonomi.…”

Adoption of renewable energy sources, low‐carbon initiatives, and advanced logistical infrastructure—an step toward integrated global progress

“…Adding further to the aforementioned studies, few more studies have been conducted to inspect the logistics sector's nexus and growth. For example, Chan-Kang (2008), andReza (2013) used proxy indicators to represent the logistics industry like logistics employment and investment in storage and cargo turnover, and so on, and a connection between the logistics industry and EG was supported. Concluding, the available literature supports the fact that an efficient logistics system is a major factor for increment in exports and EG consequently.…”

Lojistik Performans Endeksi İle Ekonomik Büyüme Ve Finansal Gelişmişlik İlişkisi: Ekonometrik Bir Analiz

“…Gelişmekte olan ülkeler açısından Reza (2013)'nın bulguları önem taşımaktadır. Reza (2013) araştırmasında lojistik performans endeksi ile ekonomik gelişmişlik arasındaki ilişkiyi eşbütünleşme ve nedensellik testleri ile analiz etmiştir. Araştırmada gelişen lojistik altyapısının sürdürülebilir ekonomik büyümenin kaynağı olduğu sonucuna ulaşılmış ve Endonezya ölçeğinde yapılan araştırmanın gelişmekte olan ülkeler açısından genellenebilir olduğu belirtilmiştir.…”