The Impact of Developments in the Logistics Sector on Economic Growth: The Case of OECD Countries

Logistic sector, which is considered as an important interface of increased international trade in consequence of globalization, plays an important role on countries’ economic growth and development. A development in logistic sector facilitates the international trade, increases the competitiveness...

Full description

Bibliographic Details
Main Author: Pınar Hayaloğlu
Format: Article
Language:English
Published: EconJournals 2015-04-01
Series:International Journal of Economics and Financial Issues
Online Access:http://mail.econjournals.com/index.php/ijefi/article/view/1129
_version_ 1797917613684162560
author Pınar Hayaloğlu
author_facet Pınar Hayaloğlu
author_sort Pınar Hayaloğlu
collection DOAJ
description Logistic sector, which is considered as an important interface of increased international trade in consequence of globalization, plays an important role on countries’ economic growth and development. A development in logistic sector facilitates the international trade, increases the competitiveness in countries and thus appears to be an important determinant of growth and development. In this study, the impact of developments in the logistic sector on economic growth has been investigated for 32 OECD countries covering the period 1994-2011. In this context, static panel data analysis was used. The findings obtained in the study, which used different variables as indicators of developments in the logistic sector, reveals that the relationship between developments in the logistic sector and economic growth differs depending on the indicator used. Keywords: Logistic Sector, Economic Growth, Telecommunications, OECD Countries JEL Classifications: L80; L86; O40
first_indexed 2024-04-10T13:15:29Z
format Article
id doaj.art-0d4a119f85484ff7b26ac1d683732dcc
institution Directory Open Access Journal
issn 2146-4138
language English
last_indexed 2024-04-10T13:15:29Z
publishDate 2015-04-01
publisher EconJournals
record_format Article
series International Journal of Economics and Financial Issues
spelling doaj.art-0d4a119f85484ff7b26ac1d683732dcc2023-02-15T16:12:22ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382015-04-0152The Impact of Developments in the Logistics Sector on Economic Growth: The Case of OECD CountriesPınar Hayaloğlu Logistic sector, which is considered as an important interface of increased international trade in consequence of globalization, plays an important role on countries’ economic growth and development. A development in logistic sector facilitates the international trade, increases the competitiveness in countries and thus appears to be an important determinant of growth and development. In this study, the impact of developments in the logistic sector on economic growth has been investigated for 32 OECD countries covering the period 1994-2011. In this context, static panel data analysis was used. The findings obtained in the study, which used different variables as indicators of developments in the logistic sector, reveals that the relationship between developments in the logistic sector and economic growth differs depending on the indicator used. Keywords: Logistic Sector, Economic Growth, Telecommunications, OECD Countries JEL Classifications: L80; L86; O40 http://mail.econjournals.com/index.php/ijefi/article/view/1129
spellingShingle Pınar Hayaloğlu
The Impact of Developments in the Logistics Sector on Economic Growth: The Case of OECD Countries
International Journal of Economics and Financial Issues
title The Impact of Developments in the Logistics Sector on Economic Growth: The Case of OECD Countries
title_full The Impact of Developments in the Logistics Sector on Economic Growth: The Case of OECD Countries
title_fullStr The Impact of Developments in the Logistics Sector on Economic Growth: The Case of OECD Countries
title_full_unstemmed The Impact of Developments in the Logistics Sector on Economic Growth: The Case of OECD Countries
title_short The Impact of Developments in the Logistics Sector on Economic Growth: The Case of OECD Countries
title_sort impact of developments in the logistics sector on economic growth the case of oecd countries
url http://mail.econjournals.com/index.php/ijefi/article/view/1129
work_keys_str_mv AT pınarhayaloglu theimpactofdevelopmentsinthelogisticssectoroneconomicgrowththecaseofoecdcountries
AT pınarhayaloglu impactofdevelopmentsinthelogisticssectoroneconomicgrowththecaseofoecdcountries