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Title: Catching-up effects in the Logistics Industry and the Dynamic Linkages with International Trade and Economic Growth: Empirical Evidence from an International Panel Dataset
Authors: Katrakylidis, Ioannis
Madas, Michael
Type: Article
Subjects: FRASCATI::Social sciences::Other social sciences
Keywords: Logistics
Stochastic Convergence
Panel Unit-Root Tests
Granger causality
Issue Date: 30-Mar-2020
Publisher: Oviedo University Press
Source: Economics and Business Letters
Volume: Vol. 9
Issue: No. 3
First Page: 197
Last Page: 205
Volume Title: 7th International PhD Meeting in Economics 2019
Abstract: We analyze the dynamic linkages among Logistics, Trade and Economic Growth for a panel of 39 countries over the period 2007-2018. In particular, we investigate whether these countries exhibit the tendency to catch up, in terms of logistics performance, with the leader country, using methodologies of “convergence analysis” appropriate for the notions of stochastic convergence and β-convergence and perform Granger-causality tests among a catching up variable (the LPI of each country relative to the LPI of Germany), trade openness and economic growth. The findings reveal rather weak evidence of catching-up effects with Germany. As far as causality is concerned, trade and economic growth further enhance the global tendency in logistics performance to catch-up with the dominant Germany while convergence in logistics is found to directly support economic growth but not trade.
Electronic ISSN: 2254-4380
Other Identifiers: 10.17811/ebl.9.3.2020.197-205
Appears in Collections:Department of Applied Informatics

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