The Relationship between Regional Logistics and Economic Growth Based on Panel Data

Yuan, Huaiyu; Kuang, Jianmin

doi:10.1061/41139(387)86

Cited by 5 publications

(3 citation statements)

References 2 publications

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“…The first step is to test the stationarity of the data by using the panel unit roots test. Then to avoid spurious regressions, we perform a co-integration test for the long-run equilibrium relationship between variables (Yuan and Kuang, 2010). Panel cointegration allows for heterogeneity and reduces variables' collinearity compared to traditional co-integration analysis (Mahadevan and Asafu-Adjaye, 2007).…”

Section: Resultsmentioning

confidence: 99%

The theoretical systems of OFDI location determinants in global north and global south economies

Liu

Zhu

et al. 2023

Humanit Soc Sci Commun

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With economic transformation and industrial development, Outward Foreign Direct Investment (OFDI) from southern countries has increased rapidly. The theoretical system established by global north countries with their dominant position in the international investment market has been impacted by global south countries. The existing OFDI theory has always been based on developed countries and can only explain some international investment behavior of southern countries. The Vector Error Correction Model (VECM) is applied to conduct empirical analysis for the impact of the target country’s investment climate on the location determinants of OFDI, by applying China and the United States as example which is focusing on 172 countries from 2005 to 2019. The results reveal significant differences in the theoretical system of foreign investment between China and the United States. For China, investment climate factors such as energy, logistics infrastructure, and politics are discover as the main drivers of China’s OFDI. However, USA’s OFDI is a corporate behavior aimed at economic interests. The differences in OFDI theoretical systems and provides policy advice for northern and southern countries and departments is the major contribution of this research.

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Section: Resultsmentioning

confidence: 99%

The theoretical systems of OFDI location determinants in global north and global south economies

Liu

Zhu

et al. 2023

Humanit Soc Sci Commun

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“…The development of logistics plays a serious integrating role in the modern economy, expanding the transport capabilities of regions; reducing costs; increasing the speed, safety, quality and efficiency of transport and logistics services; and creating conditions for increasing the added value of produced and transported goods and services, which, ultimately, contributes to the growth of global economic efficiency. The significant influence of logistics on regional development is revealed in numerous studies covering different regions of the world: OECD countries [3,4], the USA [5], China [6][7][8][9], and others. However, the integration processes are developing at different rates in different countries and sectors of the economy [10].…”

Section: Literature Reviewmentioning

confidence: 99%

Digital Logistics Platforms in the BRICS Countries: Comparative Analysis and Development Prospects

et al. 2021

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The BRICS Group unites the most rapidly developing large countries, the trade and economic interaction between which can make a significant contribution to both the region’s and world’s development. The purpose of this article is to analyze the development of trade and economic interaction and logistics infrastructure in the BRICS countries, as well as to develop an analytical concept of the BRICS Digital Logistics Platform (DLP) as a tool for the BRICS development. The research methodology includes methods for statistical data analysis, a case study of the DLP development in the BRICS countries, an analysis of the existing definitions and methods for developing DLP, and methods of systemic analysis. The research results present the trade and logistics interaction between the BRICS countries. The level of logistics development in these countries is analyzed based on the World Bank Logistics Performance Index. The article highlights the existing restrictions for the expansion of the economic interaction between countries, one of which is the uneven development of the logistics infrastructure. The article states that the BRICS DLP can be a tool for overcoming the limitation of uneven logistics infrastructure and intensifying trade interaction between the BRICS countries. The experience of creating national DLPs in each of the BRICS countries is analyzed. It is shown that the BRICS countries cannot join one of the existing national DLPs because of the risks for the national sovereignty of the participants. Therefore, an original analytical description for the international BRICS DLP is proposed. It will focus on the simplicity and transparency of the interaction between all of the participants of trade and economic interactions at various levels, as well as on the reduction of economic and logistics risks.

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“…It was concluded that logistics industry played a significant role in economic growth. Yuan and Kuang (2010) investigated eastern, central and western regions in China. They used panel data analysis.…”

Section: Literature Reviewmentioning

confidence: 99%

The Impact of Logistics Industry on Economic Growth: An Application in OECD Countries

Sezer¹,

Abasız²

2017

EJSS

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The most significant elements that enable us to understand economic growth and development levels of nations are economic indicators of the country of interest. As much as these indicators have positive and high values, they affect the economic, social, psychological and cultural texture of the nation positively. These effects increase the culture, living and welfare levels of the individuals in the society. Logistics is one of the tools that play an important role in the change and improvement of economic indicators. Logistics industry provides significant macro contributions to national economy by creating employment, and creating national income and foreign investment influx. On the micro scale, logistics industry is a key industry in increasing the competitive power of corporations. Furthermore, the logistics industry has an important mission in revitalizing and improvement of the competitiveness of other industries. Today, all industries are dependent on logistics sector. The present study aimed to investigate how the logistics variables of transportation and communication affected economic growth in 34 OECD countries. The effect of both transportation industry variables and communication industry variables that form the logistics industry on the increase in per capita income in OECD countries was identified.

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The Relationship between Regional Logistics and Economic Growth Based on Panel Data

Cited by 5 publications

References 2 publications

The theoretical systems of OFDI location determinants in global north and global south economies

The theoretical systems of OFDI location determinants in global north and global south economies

Digital Logistics Platforms in the BRICS Countries: Comparative Analysis and Development Prospects

The Impact of Logistics Industry on Economic Growth: An Application in OECD Countries

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