Original scientific paper
https://doi.org/10.1080/1331677X.2020.1844582
The effects of logistics performance on international trade: EU15 vs CEMS
Petra Adelajda Zaninović
Vinko Zaninović
Helga Pavlić Skender
Abstract
Even though trade tariffs have generally fallen since the GATT
agreement, non-tariff trade barriers still exist and show an upward
trend. An important type of non-tariff trade barrier is logistics service related to the transport of goods to foreign markets. Efficient
logistics is of great importance for small and open economies
such as the Central and Eastern European EU member countries
that became EU members in 2004 or later and are in the process
of economic convergence with the old EU member countries,
mostly through trade. On the other hand, logistics is important
for old EU member countries because it influences competitiveness in global supply chains. The aim of this paper is to examine
the homogeneity of the two blocks of EU countries in terms of
logistics performance, i.e. to examine the impact of logistics performance on the international bilateral trade of the EU15 and
CEMS with the rest of the world in the period 2010–2018. We
develop and estimate a structural gravity model with Poisson
pseudo-maximum probability estimator, using the LPI and its subindices as the main independent variables of interest. Our results
show that differences in LPI values have heterogenous impact on
bilateral trade, especially when considering trade in different
classes of goods and different groups of country pairs.
Keywords
Bilateral trade; gravity model; logistics performance index; EU15; CEMS
Hrčak ID:
301241
URI
Publication date:
31.12.2021.
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