Logistics performance, exports, and growth: Evidence from Asian economies
The goal of this paper is to determine whether the validity of the export-led growth (ELG) hypothesis is contingent on logistics performance in Asia. The study relies on balanced panel data of 23 Asian countries over the period 2010 to 2016. The authors' findings show that the export-led growth hypothesis is valid in all the countries examined. Furthermore, and more significantly, the logistics sector performance is found to be an important enabler to trade. Therefore, economic growth in Asia is found to be conditional on the logistics performance level in the countries examined. Hence, from a policy perspective, investment in logistics infrastructure should be considered as an area of investment with the greatest possible benefits that has supreme returns for future growth in the authors' selected countries. Finally, the authors' results show that logistics heterogeneity among countries examined may be an explanation for the previously reported mixed results of earlier studies examining the validity of the ELG hypothesis in Asian countries.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/issn/07398859
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Supplemental Notes:
- © 2019 Elsevier Ltd. All rights reserved. Abstract reprinted with permission of Elsevier.
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Authors:
- Tang, Chor Foon
- Abosedra, Salah
- Publication Date: 2019-12
Language
- English
Media Info
- Media Type: Web
- Features: References; Tables;
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Serial:
- Research in Transportation Economics
- Volume: 78
- Issue Number: 0
- Publisher: Elsevier
- ISSN: 0739-8859
- Serial URL: http://www.sciencedirect.com/science/journal/07398859
Subject/Index Terms
- TRT Terms: Economic growth; Exports; Institutional issues; Logistics
- Geographic Terms: Asia
- Subject Areas: Administration and Management; Economics; Freight Transportation;
Filing Info
- Accession Number: 01718352
- Record Type: Publication
- Files: TRIS
- Created Date: Sep 27 2019 9:58AM