IDEAS home Printed from https://ideas.repec.org/a/eee/trapol/v17y2010i3p135-146.html
   My bibliography  Save this article

Causal nexus between the transport and logistics sector and trade: The case of Australia

Author

Listed:
  • Nguyen, Hong-Oanh
  • Tongzon, Jose

Abstract

Although a number of studies have already been conducted on the economic impact of the development of the transport and logistics sector and international trade, these are regarded as two separated topics, and little has been done so far to study in depth the relationship between them. This paper seeks to shed light on this issue in the context of Australia. To this end, the vector autocorrelation (VAR) framework is employed to explore the causal relationship between Australia-China trade and the development of the Australian transport and logistics sector. This framework is then extended to allow for the effect of Australia's trade with the US, Japan, the rest of the world and other variables. Based on the analysis results, implications for the transport and logistics sector are discussed.

Suggested Citation

  • Nguyen, Hong-Oanh & Tongzon, Jose, 2010. "Causal nexus between the transport and logistics sector and trade: The case of Australia," Transport Policy, Elsevier, vol. 17(3), pages 135-146, May.
    • Handle: RePEc:eee:trapol:v:17:y:2010:i:3:p:135-146
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0967-070X(09)00146-2
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Blanchard, Olivier Jean & Quah, Danny, 1989. "The Dynamic Effects of Aggregate Demand and Supply Disturbances," American Economic Review, American Economic Association, vol. 79(4), pages 655-673, September.
    2. Rietveld, Piet, 1989. "Infrastructure and Regional Development: A Survey of Multiregional Economic Models," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 23(4), pages 255-274.
    3. Gramlich, Edward M, 1994. "Infrastructure Investment: A Review Essay," Journal of Economic Literature, American Economic Association, vol. 32(3), pages 1176-1196, September.
    4. Rietveld, Piet & Boonstra, Jaap, 1995. "On the Supply of Network Infrastructure: Highways and Railways in European Regions," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 29(2), pages 207-220, May.
    5. Agata Antkiewicz & John Whalley, 2005. "China's New Regional Trade Agreements," The World Economy, Wiley Blackwell, vol. 28(10), pages 1539-1557, October.
    6. Wilson,John S. & Mann, Catherine L. & Otsuki, Tsunehiro, 2003. "Trade facilitation and economic development : measuring the impact," Policy Research Working Paper Series 2988, The World Bank.
    7. Bougheas, Spiros & Demetriades, Panicos O. & Morgenroth, Edgar L. W., 1999. "Infrastructure, transport costs and trade," Journal of International Economics, Elsevier, vol. 47(1), pages 169-189, February.
    8. Alicia H. Munnell, 1990. "How does public infrastructure affect regional economic performance?," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, vol. 34, pages 69-112.
    9. repec:bla:ecorec:v:73:y:1997:i:221:p:125-35 is not listed on IDEAS
    10. Berndt, Ernst & Hansson, Bengt, 1992. "Measuring the Contribution of Capital in Sweden," Working Paper Series 365, Research Institute of Industrial Economics.
    11. Jung‐Yoon Lee & Jean‐Paul Rodrigue, 2006. "Trade Reorientation and Its Effects on Regional Port Systems: The Korea‐China Link along the Yellow Sea Rim," Growth and Change, Wiley Blackwell, vol. 37(4), pages 597-619, December.
    12. Bernanke, Ben S., 1986. "Alternative explanations of the money-income correlation," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 25(1), pages 49-99, January.
    13. Pierre Cariou & Francois-Charles Wolff, 2006. "An Analysis of Bunker Adjustment Factors and Freight Rates in the Europe/Far East Market (2000–2004)," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 8(2), pages 187-201, June.
    14. David F. Batten & Charlie Karlsson (ed.), 1996. "Infrastructure and the Complexity of Economic Development," Advances in Spatial Science, Springer, number 978-3-642-80266-9, december.
    15. Granger, C W J, 1969. "Investigating Causal Relations by Econometric Models and Cross-Spectral Methods," Econometrica, Econometric Society, vol. 37(3), pages 424-438, July.
    16. Christopher Kennedy & Eric Miller & Amer Shalaby & Heather Maclean & Jesse Coleman, 2005. "The Four Pillars of Sustainable Urban Transportation," Transport Reviews, Taylor & Francis Journals, vol. 25(4), pages 393-414, March.
    17. Inmaculada Martinez-Zarzoso & Eva Maria Perez-Garcia & Celestino Suarez-Burguet, 2008. "Do transport costs have a differential effect on trade at the sectoral level?," Applied Economics, Taylor & Francis Journals, vol. 40(24), pages 3145-3157.
    18. Christopher A. Sims, 1986. "Are forecasting models usable for policy analysis?," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 10(Win), pages 2-16.
    19. Dickey, David A & Fuller, Wayne A, 1981. "Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root," Econometrica, Econometric Society, vol. 49(4), pages 1057-1072, June.
    20. Leigh B Boske & John C Cuttino, 2003. "Measuring the Economic and Transportation Impacts of Maritime-related Trade," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 5(2), pages 133-157, June.
    21. David Alan Aschauer, 1990. "Why is infrastructure important?," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, vol. 34, pages 21-68.
    22. Sims, Christopher A, 1980. "Macroeconomics and Reality," Econometrica, Econometric Society, vol. 48(1), pages 1-48, January.
    23. repec:bla:scandj:v:94:y:1992:i:0:p:s151-68 is not listed on IDEAS
    24. World Bank, 2007. "World Development Indicators 2007," World Bank Publications - Books, The World Bank Group, number 8150.
    25. David Banister & Dominic Stead, 2004. "Impact of information and communications technology on transport," Transport Reviews, Taylor & Francis Journals, vol. 24(5), pages 611-632, January.
    26. Jacint Balaguer & Manuel Cantavella-Jorda, 2001. "Examining the export-led growth hypothesis for Spain in the last century," Applied Economics Letters, Taylor & Francis Journals, vol. 8(10), pages 681-685.
    27. Ernst G. Frankel, 1998. "China' maritime developments," Maritime Policy & Management, Taylor & Francis Journals, vol. 25(3), pages 235-249, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ioannis Katrakylidis & Michael Madas, 2020. "Catching-up effects in the logistics industry and the dynamic linkages with international trade and economic growth: empirical evidence from an international panel dataset," Economics and Business Letters, Oviedo University Press, vol. 9(3), pages 197-205.
    2. Hofmann, Erik & Solakivi, Tomi & Töyli, Juuso & Zinn, Martin, 2018. "Oil price shocks and the financial performance patterns of logistics service providers," Energy Economics, Elsevier, vol. 72(C), pages 290-306.
    3. John C. Beghin & Heidi Schweizer, 2021. "Agricultural Trade Costs," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 43(2), pages 500-530, June.
    4. João Gilberto Mendes dos Reis & Pedro Sanches Amorim & José António Sarsfield Pereira Cabral & Rodrigo Carlo Toloi, 2020. "The Impact of Logistics Performance on Argentina, Brazil, and the US Soybean Exports from 2012 to 2018: A Gravity Model Approach," Agriculture, MDPI, vol. 10(8), pages 1-21, August.
    5. Hong-Oanh Nguyen & Hong-Van Nguyen & Young-Tae Chang & Anthony T. H. Chin & Jose Tongzon, 2016. "Measuring port efficiency using bootstrapped DEA: the case of Vietnamese ports," Maritime Policy & Management, Taylor & Francis Journals, vol. 43(5), pages 644-659, July.
    6. Seema Narayan, 2023. "E-commerce and International Trade The Case for Indonesia and Malaysia," Working Papers DP-2023-22, Economic Research Institute for ASEAN and East Asia (ERIA).
    7. Stojanović, Đurđica & Ivetić, Jelena, 2020. "Possibilities of using Incoterms clauses in a country logistics performance assessment and benchmarking," Transport Policy, Elsevier, vol. 98(C), pages 217-228.
    8. Tong, Tingting & Yu, Edward & Roberts, Roland K., 2014. "Dynamics of Transport Infrastructure, Exports and Economic Growth in the United States," Journal of the Transportation Research Forum, Transportation Research Forum, vol. 53(1).
    9. Kabak, Özgür & Ülengin, Füsun & Önsel Ekici, Şule, 2018. "Connecting logistics performance to export: A scenario-based approach," Research in Transportation Economics, Elsevier, vol. 70(C), pages 69-82.
    10. Nguyen, Hong-Oanh, 2013. "Critical factors in e-business adoption: Evidence from Australian transport and logistics companies," International Journal of Production Economics, Elsevier, vol. 146(1), pages 300-312.
    11. Ioannis Katrakylidis & Michael Madas, 2019. "International Trade and Logistics: An Empirical Panel Investigation of the Dynamic Linkages between the Logistics and Trade and their Contribution to Economic Growth," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(4), pages 3-21.
    12. Kiracı Kasım & Akan Ercan, 2020. "Empirical analysis of the relationship between trade wars and sea—air transportation," Economics and Business Review, Sciendo, vol. 6(3), pages 23-44, August.
    13. Llano, C. & De la Mata, T. & Díaz-Lanchas, J. & Gallego, N., 2017. "Transport-mode competition in intra-national trade: An empirical investigation for the Spanish case," Transportation Research Part A: Policy and Practice, Elsevier, vol. 95(C), pages 334-355.
    14. Yugang He & Renhong Wu & Yong-Jae Choi, 2021. "International Logistics and Cross-Border E-Commerce Trade: Who Matters Whom?," Sustainability, MDPI, vol. 13(4), pages 1-20, February.
    15. Kahaer Abula & Buwajian Abula & Xinyu Wang & Dezhen Wang, 2022. "Performance Evaluations and Influencing Factors of the Agricultural Product Trade Supply Chain between China and Central Asian Countries," Sustainability, MDPI, vol. 14(23), pages 1-27, November.
    16. Önsel Ekici, Şule & Kabak, Özgür & Ülengin, Füsun, 2016. "Linking to compete: Logistics and global competitiveness interaction," Transport Policy, Elsevier, vol. 48(C), pages 117-128.
    17. Kabak, Özgür & Önsel Ekici, Şule & Ülengin, Füsun, 2020. "Analyzing two-way interaction between the competitiveness and logistics performance of countries," Transport Policy, Elsevier, vol. 98(C), pages 238-246.
    18. Gajšek Brigita & Kovač Jure & Hazen Benjamin T., 2018. "An Organizational Framework for Logistic Platform and its Subtypes in a Search for More Logistically Attractive Regions," Organizacija, Sciendo, vol. 51(1), pages 20-34, February.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ioannis Katrakylidis & Michael Madas, 2019. "International Trade and Logistics: An Empirical Panel Investigation of the Dynamic Linkages between the Logistics and Trade and their Contribution to Economic Growth," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(4), pages 3-21.
    2. Zhenhua Chen & Kingsley E. Haynes, 2015. "Public surface transportation and regional output: A spatial panel approach," Papers in Regional Science, Wiley Blackwell, vol. 94(4), pages 727-751, November.
    3. Ioannis Katrakylidis & Michael Madas, 2020. "Catching-up effects in the logistics industry and the dynamic linkages with international trade and economic growth: empirical evidence from an international panel dataset," Economics and Business Letters, Oviedo University Press, vol. 9(3), pages 197-205.
    4. Alfredo M. Pereira & Jorge M. Andraz, 2013. "On The Economic Effects Of Public Infrastructure Investment: A Survey Of The International Evidence," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 38(4), pages 1-37, December.
    5. Tong, Tingting & Yu, Edward & Roberts, Roland K., 2014. "Dynamics of Transport Infrastructure, Exports and Economic Growth in the United States," Journal of the Transportation Research Forum, Transportation Research Forum, vol. 53(1).
    6. Kwamie Dunbar, 2008. "The Impact of the FOMC's Monetary Policy Actions on the growth of Credit Risk: the Monetary Policy - Liquidity Paradox," Working papers 2008-05, University of Connecticut, Department of Economics.
    7. Ulibarri, Carlos A., 1998. "Is after-hours trading informative?," MPRA Paper 14818, University Library of Munich, Germany.
    8. Ericsson, Neil R & Hendry, David F & Mizon, Grayham E, 1998. "Exogeneity, Cointegration, and Economic Policy Analysis," Journal of Business & Economic Statistics, American Statistical Association, vol. 16(4), pages 370-387, October.
    9. Zhenhua Chen & Kingsley E. Haynes, 2015. "Regional Impact of Public Transportation Infrastructure," Economic Development Quarterly, , vol. 29(3), pages 275-291, August.
    10. Elyasiani, Elyas & Kocagil, Ahmet E. & Mansur, Iqbal, 2007. "Information transmission and spillover in currency markets: A generalized variance decomposition analysis," The Quarterly Review of Economics and Finance, Elsevier, vol. 47(2), pages 312-330, May.
    11. Carlos J. García & Andrés Sagner, 2011. "Crédito, Exceso de toma de Riesgo, Costo de Crédito y ciclo Económico en Chile," Working Papers Central Bank of Chile 645, Central Bank of Chile.
    12. Fabio Canova, 2007. "How much structure in empirical models?," Economics Working Papers 1054, Department of Economics and Business, Universitat Pompeu Fabra.
    13. Shioji, Etsuro, 2000. "Identifying Monetary Policy Shocks in Japan," Journal of the Japanese and International Economies, Elsevier, vol. 14(1), pages 22-42, March.
    14. Ribba, Antonio, 2007. "Permanent disinflationary effects on unemployment in a small open economy: Italy 1979-1995," Economic Modelling, Elsevier, vol. 24(1), pages 66-81, January.
    15. Carrillo, Paul A., 2010. "“Modelo Dinámico para Análisis y Pronóstico del Producto Interno Bruto”: Un Enfoque Fiscal Aplicando un Modelo SVAR [Dynamic Model for Analysis and Forecast of Gross Domestic Product': A Fiscal App," MPRA Paper 32005, University Library of Munich, Germany.
    16. Titus O. Awokuse & David A. Bessler, 2003. "Vector Autoregressions, Policy Analysis, and Directed Acyclic Graphs: An Application to the U.S. Economy," Journal of Applied Economics, Taylor & Francis Journals, vol. 6(1), pages 1-24, May.
    17. Fujiwara Ippei, 2004. "Output Composition of the Monetary Policy Transmission Mechanism in Japan," The B.E. Journal of Macroeconomics, De Gruyter, vol. 4(1), pages 1-23, September.
    18. Ramey, V.A., 2016. "Macroeconomic Shocks and Their Propagation," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 71-162, Elsevier.
    19. Gouriéroux, Christian & Monfort, Alain & Renne, Jean-Paul, 2017. "Statistical inference for independent component analysis: Application to structural VAR models," Journal of Econometrics, Elsevier, vol. 196(1), pages 111-126.
    20. Dorothée Boccanfuso & Marcelin Joanis & Mathieu Paquet & Luc Savard, 2015. "Impact de productivité des infrastructures: Une application au Québec," Cahiers de recherche 15-06, Departement d'économique de l'École de gestion à l'Université de Sherbrooke.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:trapol:v:17:y:2010:i:3:p:135-146. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/30473/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.