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The Impact Of Logistics Industry On Economic Growth: An Application In Oecd Countries

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  • Sevgi Sezer

    (Uludag University, Turkey)

  • Tezcan Abasiz

    (Bulent Ecevit University, Turkey)

Abstract

The most significant elements that enable us to understand economic growth and development levels of nations are economic indicators of the country of interest. As much as these indicators have positive and high values, they affect the economic, social, psychological and cultural texture of the nation positively. These effects increase the culture, living and welfare levels of the individuals in the society. Logistics is one of the tools that play an important role in the change and improvement of economic indicators. Logistics industry provides significant macro contributions to national economy by creating employment, and creating national income and foreign investment influx. On the micro scale, logistics industry is a key industry in increasing the competitive power of corporations. Furthermore, the logistics industry has an important mission in revitalizing and improvement of the competitiveness of other industries. Today, all industries are dependent on logistics sector. The present study aimed to investigate how the logistics variables of transportation and communication affected economic growth in 34 OECD countries. The effect of both transportation industry variables and communication industry variables that form the logistics industry on the increase in per capita income in OECD countries was identified.

Suggested Citation

  • Sevgi Sezer & Tezcan Abasiz, 2017. "The Impact Of Logistics Industry On Economic Growth: An Application In Oecd Countries," Eurasian Journal of Social Sciences, Eurasian Publications, vol. 5(1), pages 11-23.
    • Handle: RePEc:ejn:ejssjr:v:5:y:2017:i:1:p:11-23
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    Cited by:

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    3. Redhwan Nour, 2022. "Enhancing the Logistics 4.0 Firms through Information Technology," Sustainability, MDPI, vol. 14(23), pages 1-26, November.
    4. Rita Bužinskienė & Vera Gelashvili, 2024. "The Economic and Financial Health of Lithuanian Logistics Companies," Risks, MDPI, vol. 12(6), pages 1-19, June.
    5. Bo-Rui Yan & Qian-Li Dong & Qian Li & Fahim UI Amin & Jia-Ni Wu, 2021. "A Study on the Coupling and Coordination between Logistics Industry and Economy in the Background of High-Quality Development," Sustainability, MDPI, vol. 13(18), pages 1-24, September.
    6. Shikur, Zewdie Habte, 2022. "Logistics Performance, Export, Agricultural, Manufacturing, and Aggregate Economic Growth: A Focus on Sectoral Perspectives," Journal of Economic Development, The Economic Research Institute, Chung-Ang University, vol. 47(3), pages 107-123, September.
    7. Alassane D. Yeo & Aimin Deng & Todine Y. Nadiedjoa, 2020. "The Effect of Infrastructure and Logistics Performance on Economic Performance: The Mediation Role of International Trade," Foreign Trade Review, , vol. 55(4), pages 450-465, November.
    8. Filip Ž. Bugarèiæ & Vladimir Miæiæ & Nenad Stanišiæ, 2023. "The role of logistics in economic growth and global competitiveness," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 41(2), pages 499-520.
    9. Helga Pavlic Skender & Petra Adelajda Mirkovic & Vinko Zaninovic, 2017. "Testing Gibrat’S Law On Croatian Freight Transport And Logistics Firms," Business Logistics in Modern Management, Josip Juraj Strossmayer University of Osijek, Faculty of Economics, Croatia, vol. 17, pages 3-13.
    10. Mustafa Polat & Karahan Kara & Avni Zafer Acar, 2023. "Competitiveness based logistics performance index: An empirical analysis in Organisation for Economic Co-operation and Development countries," Competition and Regulation in Network Industries, , vol. 24(2-3), pages 97-119, June.
    11. Chengete Chakamera & Noleen M. Pisa, 2021. "Associations Between Logistics and Economic Growth in Africa," South African Journal of Economics, Economic Society of South Africa, vol. 89(3), pages 417-438, September.

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