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Based on the direction of the international FDI changed, from manufacturing to service industries, we should concern about the influence of the introduction of China's logistics industry FDI to the national economy. The paper sets up regression model to examine logistics FDI and GDP in two aspects of time series and growth rate, we find that the lo...
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... results of OLS from models shows that as R-squared value is high, indicating that the model has better good- ness of fit, and T values and F values also reach the sig- nificant level, so the model is reasonable and effective. The model shows that logistics FDI increases 10000 dol- lars in the same year which will increase 50 million yuan in GDP ( Table 4). ...
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... Several studies on the impacts of FDI in country's economic growth have suggested that there is positive relationship between FDI and economic growth while few others suggested that there is negative relationship. Among the related studies are those by Moshi (2015), Msagati (2021), Haseeb (2014), Okwu (2020), Diyamett (2011), Bomani (2013, Hussain (2020) Sakiru (2015), Latief (2019), Belloumi (2022), Hassan (2005), Wang (2010), Saidi (2020), Mahori (2022), Gholipour (2104), Masron (2012), Boers (2017), Moshi (2015), Utouh (2016), Hussain (2020) and Wijeweera (2010). But most of these studies have been conducted on evaluating impact of a single sector in an economy or on primary sectors of economy such as agriculture, manufacturing and mining whereas none of these studies have conducted analysis on evaluating the impact of emerging sectors to an economy which have recently been highly contributing to world's FDI inflows. ...
... Hassan (2005) conducted study on FDI, Information Technology and Economic Growth in the 95 countries and eight (8) MENA countries from 1980 to 2001 by using pool estimation technique, pooled cross-section regression and fixed effect panel model to analyse data. The results revealed that FDI inflow and economic growth are related to host of macroeconomic, hence the study recommended to improve FDI inflow by focusing on export processing zones, trade facilitation, investment promotion agencies and WTO rules and incentives Wang (2010) investigated the economic growth effect of logistics industry FDI Analysis in China from 1997 to 2005 by using fixed effects to analyse the data and extended C-D production function method to estimate FDI contribution to economic growth. The results revealed that the average contribution of FDI to logistic industry in China has much impact on economic growth than average contribution rate of agriculture sector Mahori (2022) conducted study on the impact of Foreign Direct Investment (FDI) inflow in storage, communication and transport sector on economic growth in South Africa from 1985 to 2018 by employing Ordinary Least Square (OLS) method, bound test to establish long run relationship and lastly, Error Correction Model (ECM) was applied. ...
... The positive impact of FDI Inflow in Transport and Storage Sector on economic growth in short run and long run period might have been resulted by improvement in quality and standard of transport and storage infrastructure that stimulate production of other economic activities such as agriculture, tourism, trade and manufacturing hence increase economic growth. The study by Wang (2010) revealed that logistic FDI in China has positive correlation with economic growth hence logistic FDI is the major driving force of economic development. ...
FDI plays crucial role in stimulating development of various sectors in economy such as provision of skilled labour, employment creation, source of capital, management and technological transfer. Over the past 30 years, the share of FDI in World’s economy has been transformed from manufacturing sector to service sector thus creating various emerging sectors.The study employed time series secondary data for 22 years from 1999 to 2020, then used dickey-fuller and Philips perron tests for stationarity, Auto Regressive Distributed Lag (ARDL) bound test for co-integration, ARDL model to estimates long-run relationship lastly, diagnostic tests were applied to check validity and reliability of variables. The study revealed that FDI inflow in transport and storage sector have weak positive impact on economic growth while FDI inflow to other sectors have insignificant impact to economic growth. Thus, to combat such outcomes, the government is advised to attract more foreign investment to sectors with undesirable impacts with productive strategies to improve sectors performance on economic growth through establishment of favourable investment policies such as tax policies to avoid double taxation, capital account liberalization policies and financial institution policies to create conducive investment environment.
... The logistics industry is a vital component of a nation's economy (Agyabeng-Mensah et al., 2020;Fan et al., 2022;Karaman et al., 2020;Mohsin et al., 2022;Wang & Wang, 2010;Yu et al., 2018). Studies indicate that incorporating renewable assets into GRL operations can reduce environmental footprints while improving economic outcomes (Cosimato & Troisi, 2015). ...
The logistics sector plays a crucial role in supporting various aspects of the economy, making it an essential part of a nation's development. However, this sector also contributes to environmental pollution through various emissions. The adoption of environmentally friendly logistics practices presents a promising solution to mitigate adverse environmental impacts. This study aims to investigate the influence of economic growth, green innovation, foreign direct investment, transport emissions, renewable energy, and trade openness on green logistics in both Brazil, Russia, India, China, and South Africa (BRICS) and Gulf countries from 1992 to 2020. This study used an advanced panel approach to obtain robust results, considering cross-sectional dependency and slope heterogeneity. The cross-sectionally augmented autoregressive distributed lag method was employed to analyze long and short-run estimations. Our findings reveal that in Gulf countries, both transport emissions and foreign direct investment have a negative impact on green logistics. In the BRICS countries, economic growth, transport emissions, trade openness, renewable energy, and green innovation have a positive impact on green logistics. The study proposes several recommendations to improve logistics development in both groups of nations and promote sustainability. To achieve carbon neutrality, it is important to adopt green logistics, promote green investments, and support renewable energy, innovation , and sustainable growth.
... The country level also has the same relationship between economic growth and logistics activities at the firm level. The economic growth may impact the logistics industry positively [1]. The other determinants impacting the logistics activities of a country can be listed as institutional reforms related to the level of corruption and stable political environment and upgrading resources such as infrastructure, technology, labour, and education [2]. ...
... This increase encouraged economic activities and also increased the need for energy and the use of fossil resources (Adeel-Farooq et al. 2020). On the other hand, FDI has also increased the demand for logistics services (Wang and Wang 2010). Therefore, it will be an important contribution to evaluate the relationship between FDI and environmental pollution in the context of the logistics industry. ...
Logistics is an important sector that supports every sector of the economy, and thus, the development of nations is impossible without efficient logistics. Alongside this, the logistics sector generates various kinds of emissions that degrade the quality of the environment. Developed countries are striving to introduce green logistics to avoid environmental damages caused by transportation. Also, developing countries will start focusing on developing green logistics sooner or later. Keeping this in view, a comparative panel study on the group of seven (G7) and Emerging Seven (E7) nations is conducted to study the impacts of various economic and financial variables on green logistics. The data from 1996 to 2018 is analyzed using some reliable methods that produce efficient and consistent results during heterogeneity and cross-sectional dependence. The findings disclosed that cointegration is present in E7 and G7 panels. For E7 countries, the results disclosed that research and development (R&D), FDI, portfolio investment, and trade openness reduce green logistics. However, in the G7, R&D, FDI, portfolio investment, and trade increase green logistics. The empirical analysis did not show any meaningful impact of financial development and economic growth on green logistics in both groups of nations. Lastly, based on the comparative analysis, various policies are suggested for E7 to catch up with the G7 regarding logistics development. Also, policies for G7 are suggested to boost green logistics.
... Nalçakan (2008) stated in her research that logistics developments promoted employment structure, investments and production level in macroeconomics way and business activities in microeconomics way. Wang and Wang (2010) researched the relationship between economic growth and foreign direct investments in China between 1997 -2007 and recommended to raise the quality of foreign investors, optimize logistics structures and promote updated technology. ...
Due to rapid economic growth with the help of globalization, countries aiming to step forward competitively are in need of new dynamics. As a consequence of that, the logistics sector holds the opportunity to be distinguished as support for economic growth. Therefore, today's developing countries attach great importance to logistics developments and improvements. Within the scope of this research, variables on BRICS countries and Turkey for the time period from 1999 to 2017 have been determined in consideration of a detailed literature review and analyzed with vector autoregressive (VAR) models. The main hypothesis of this research is that there is a bilateral positive relationship between logistics development and economic growth. In other words, this paper advocates that not only logistics developments support economic growth but also vice-versa.
... Nalçakan (2008) stated in her research that logistics developments promoted employment structure, investments and production level in macroeconomics way and business activities in microeconomics way. Wang and Wang (2010) researched the relationship between economic growth and foreign direct investments in China between 1997 -2007 and recommended to raise the quality of foreign investors, optimize logistics structures and promote updated technology. ...
Due to rapid economic growth with the help of globalization, countries aiming to step forward competitively are in need of new dynamics. As a consequence of that, the logistics sector holds the opportunity to be distinguished as support for economic growth. Therefore, today's developing countries attach great importance to logistics developments and improvements. Within the scope of this research, variables on BRICS countries and Turkey for the time period from 1999 to 2017 have been determined in consideration of a detailed literature review and analyzed with vector autoregressive (VAR) models. The main hypothesis of this research is that there is a bilateral positive relationship between logistics development and economic growth. In other words, this paper advocates that not only logistics developments support economic growth but also vice-versa.
... "Logistics as the careful planning, organizing, and controlling of all necessary activities in the material flow, beginning from the raw material up until the final consumption and reverse flows of the manufactured product, with the aim of satisfying the customer's needs and wishes" [9]. It is common information that logistics coordination is that significant bit of the system of production that makes arrangements, plans, executes and controls the compelling movement of products and endeavors from the point of commencement to the point of use or utilization in order to meet the essential needs set by the customer. ...
... It has been established (Wang and Wang, 2010) that investments in transport infrastructure contribute to faster economic growth, improve the structure of trade, increase employment and improve institutional changes in China. Economic growth depends primarily on fixed investment in transport and the share and growth rate of foreign investment (R 2 = 0.90). ...
... This means that an increase in export freight traffic has a positive effect on employment, while volumes of import freight traffic have no effect. These results are consistent with the results obtained in researches of Wang and Wang (2010), Li and Qi (2016), Kadochnikov and Fedyunina (2018) and Sezer and Abasiz (2017). ...
... Chu (2010) lojistik sektöründeki yatırımlar ile ekonomik büyüme arasında pozitif bir ilişki olduğunu ve bu etkinin dış ticareti olumlu yönde etkileyeceğini ileri sürmüştür. Lojistik sektöründeki doğrudan yabancı yatırımların ekonomik büyümeye etkisini incelemeleri sonucunda lojistik sektöründeki doğrudan yabancı yatırımların ekonomik büyümeyi etkilediği belirlenmiştir (Wang, Y. ve Wang, L., 2010). Benzer bir çalışmada da lojistik faaliyetler ile bölgesel ekonomik büyüme arasında anlamlı bir ilişki olduğu ifade edilmiştir (Wang, A., 2010). ...
Bu çalışmanın amacı, OECD ülkelerinin Lojistik Performans Endeksi değerlerine göre incelenmesidir. Günümüzde lojistik sektörü, dünyada hızlı gelişme gösteren en etkili sektörlerden biri olmuştur. Böylece lojistik sektörünün gelişen dünya düzeni ile birlikte birçok ülkeyi diğerlerinden ayıran bir kriter olduğu söylenebilir. Gelişmeleri takiben ülkelerin lojistik faaliyetlerini ölçmek için bazı performans göstergelerinin geliştirilmesi mecburi hale gelmiştir. Bunlardan en önemlisi Dünya Bankası tarafından geliştirilmiş. Lojistik Performans Endeksi (LPE)’dir. Araştırmada 2018 yılında yayımlanan Lojistik Performans Endeksi istatistiklerine dayalı olarak Ridge regresyon analizi uygulanmıştır. Çok değişkenli verileri analiz etmek için kullanılan Ridge regresyon, çoklu bağlantı olması durumunda EKK yöntemine alternatif olarak geliştirilen yanlı tahmin yöntemlerinden biridir. Bu yöntemin işleyişi en küçük kareler yöntemine benzerdir. Ayrıca sadece varyans ve kovaryans matrisinin köşegen değerlerine küçük bir yanlılık sabiti Ridge parametresi (k) eklenmesiyle en küçük kareler yönteminden ayrılmaktadır. Bağımlı değişken olarak genel LPE puanının alındığı çalışmada; gümrük, altyapı, uluslararası taşımacılık, lojistik yeterliliği ve kalitesi, takip ve kolaylık ile zamanlılık bağımsız değişkenler olarak kullanılmıştır. Analiz sonucunda; genel LPE puanı ile gümrük, altyapı, uluslararası taşımacılık, lojistik yeterliliği ve kalitesi ile zamanlılık değişkenleri arasında anlamlı bir ilişki olduğuna karar verilmiştir. Lojistik Performans Endeksi kapsamında OECD ülkelerini ele almış çalışmalar, literatürde sınırlı sayıda bulunmaktadır. Dolayısıyla yapılmış olan çalışma literatürde yer alan bu boşluğa bir katkı sağlayacaktır. Aynı zamanda LPE konusunda yeni bir yöntemin denenmiş olması da bu çalışmanın diğer ayrıcalıklı özelliğidir.
... It has been established (Wang and Wang, 2010) that investments in transport infrastructure contribute to faster economic growth, improve the structure of trade, increase employment and improve institutional changes in China. Economic growth depends primarily on fixed investment in transport and the share and growth rate of foreign investment (R 2 = 0.90). ...
... This means that an increase in export freight traffic has a positive effect on employment, while volumes of import freight traffic have no effect. These results are consistent with the results obtained in researches of Wang and Wang (2010), Li and Qi (2016), Kadochnikov and Fedyunina (2018) and Sezer and Abasiz (2017). ...
