Preliminary communication
https://doi.org/10.18045/zbefri.2023.2.499
The role of logistics in economic growth and global competitiveness*
Filip Ž. Bugarčić
Vladimir Mićić
orcid.org/0000-0002-0719-8481
Nenad Stanišić
orcid.org/0000-0002-7070-4826
Abstract
There is a rising demand to find new patterns for economic growth and
development, and improving competitiveness, where the role of logistics should be
considered in more detail. The main purpose of the article is to examine and
compare the effects of countries’ logistics performance in EU, BRICS, and ASEAN,
and to test the role of individual logistics components. The research method is
based on panel data using fixed effects regressions for the period 2007-2018. The
results confirm the positive impact of logistics on economic growth and
competitiveness in the total sample and EU countries, while logistics contributes
to rising competitiveness in BRICS countries. Individual contributions of LPI
components were also identified, presenting the importance of sub-indices for
economic growth and national competitiveness. The research implications
emphasize the role of logistics as a factor of economic growth and development
and highlight its potential in rising national competitiveness. The main
contribution is new evidence on the effects of logistics at the level of selected
groups of countries, which highlights the importance of this sector and provides
recommendations for economic policymakers.
Keywords
logistics performance index (LPI); economic growth; global competi-tiveness; panel data;
Hrčak ID:
312463
URI
Publication date:
28.12.2023.
Visits: 1.308 *