Defining the logistics performance as factor of production: an evidence based analysis from developing countries
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F25%3A50022568" target="_blank" >RIV/62690094:18450/25:50022568 - isvavai.cz</a>
Result on the web
<a href="https://www.tandfonline.com/doi/full/10.1080/23322039.2025.2515498" target="_blank" >https://www.tandfonline.com/doi/full/10.1080/23322039.2025.2515498</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1080/23322039.2025.2515498" target="_blank" >10.1080/23322039.2025.2515498</a>
Alternative languages
Result language
angličtina
Original language name
Defining the logistics performance as factor of production: an evidence based analysis from developing countries
Original language description
Economic globalization has been expedited by the logistics industry. This study investigates logistics performance (LP) as a factor of production in developing economies by incorporating the logistics performance index (LPI) as a factor in the Cobb-Douglas production function. We used the World Bank's LPI for 2007, 2010, 2012, 2014, 2016, and 2018 as a measure of LP. The other control variables are capital stock, employed labor force, and financial development. The GMM technique was employed to mitigate unobserved heterogeneity. The findings show that LP contributes significantly to the overall economic growth (EG) of developing economies. Further analysis revealed that LPI components, custom procedures, and infrastructure were the most significant contributing factors to the growth process. Finally, the study also investigates the LPI coefficient for two groups (i.e. high and low LP countries) based on the LPI scores and finds that in countries with high (low) LPI, capital stock (employed labor force) contributes more to the EG. Overall, our findings strengthen the notion that, in the modern economic era, LP is a factor of production. This implies that policymakers should devise customized strategies to improve LPI and, in particular, custom procedures and infrastructure to boost EG in developing economies.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50201 - Economic Theory
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2025
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Cogent Economics and Finance
ISSN
2332-2039
e-ISSN
2332-2039
Volume of the periodical
13
Issue of the periodical within the volume
1
Country of publishing house
GB - UNITED KINGDOM
Number of pages
17
Pages from-to
"Article Number: 2515498"
UT code for WoS article
001514132300001
EID of the result in the Scopus database
2-s2.0-105008905078