Defining the logistics performance as factor of production: an evidence based analysis from developing countries

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

Defining the logistics performance as factor of production: an evidence based analysis from developing countries

Popis výsledku v původním jazyce

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&apos;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.

Název v anglickém jazyce

Defining the logistics performance as factor of production: an evidence based analysis from developing countries

Popis výsledku anglicky

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&apos;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.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50201 - Economic Theory

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2025

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Cogent Economics and Finance

ISSN

2332-2039

e-ISSN

2332-2039

Svazek periodika

13

Číslo periodika v rámci svazku

1

Stát vydavatele periodika

GB - Spojené království Velké Británie a Severního Irska

Počet stran výsledku

17

Strana od-do

"Article Number: 2515498"

Kód UT WoS článku

001514132300001

EID výsledku v databázi Scopus

2-s2.0-105008905078