The Effect of Logistics Performance Index on Economic Growth: The Case of G20 Countries

Rabia Efeoğlu; Sabri Azgün

Makale detayları

The Effect of Logistics Performance Index on Economic Growth: The Case of G20 Countries

Yazarlar:

Rabia Efeoğlu | Sabri Azgün

Yayıncı:

Bolu Abant Izzet Baysal University

Ana Başlıklar:

Büyüme

Dergi:

Ekonomik ve Sosyal Araştırmalar Dergisi Vol.21 Issue 1, pp.71-82

Belge Tipi:

Makale

Yayın Tarihi:

6/2025

Belge Dili:

Türkçe

Document ID (Org No.):

2001351481

pISSN:

1306-2174

Anahtar kelimeler:

Özet:

 As a result of the development of economic life, there has been an increase in the factors affecting the economy. Just as there are many factors that affect the economic growth of countries, logistics has also taken its place among these factors. Since one aspect of logistics is based on production, it is likely to affect economic growth. The purpose of the study is to investigate the impact of the logistics performance index on economic growth in G20 countries for the period 2007-2022. Economic growth is the dependent variable, represented by GDP per capita, while the logistics performance index is the independent variable. The lowest value of the logistics performance index is 1 and the highest value is 5. As the index decreases, logistics performance decreases, and as the index increases, logistics performance increases. Openness to foreign trade and foreign direct investments were used in the analysis as control variables. In the study, using the panel data method, unit and time effects were first examined with F, LR and LM tests, and then the Hausman test was performed and the prediction was made with the fixed effects model. However, the model was re-estimated with the Driscoll-Kraay Estimator to avoid inter-unit correlation, heteroscedasticity and autocorrelation problems in the model,. According to the estimation results, the effect of the logistics performance index on economic growth is positive and significant. As the logistics performance index increases in G20 countries, economic growth increases. Logistics performance index significantly affects economic growth in G20 countries. On the other hand, it was concluded that openness and foreign direct investments, which were used as control variables, reduced economic growth in G20 countries.

 As a result of the development of economic life, there has been an increase in the factors affecting the economy. Just as there are many factors that affect the economic growth of countries, logistics has also taken its place among these factors. Since one aspect of logistics is based on production, it is likely to affect economic growth. The purpose of the study is to investigate the impact of the logistics performance index on economic growth in G20 countries for the period 2007-2022. Economic growth is the dependent variable, represented by GDP per capita, while the logistics performance index is the independent variable. The lowest value of the logistics performance index is 1 and the highest value is 5. As the index decreases, logistics performance decreases, and as the index increases, logistics performance increases. Openness to foreign trade and foreign direct investments were used in the analysis as control variables. In the study, using the panel data method, unit and time effects were first examined with F, LR and LM tests, and then the Hausman test was performed and the prediction was made with the fixed effects model. However, the model was re-estimated with the Driscoll-Kraay Estimator to avoid inter-unit correlation, heteroscedasticity and autocorrelation problems in the model,. According to the estimation results, the effect of the logistics performance index on economic growth is positive and significant. As the logistics performance index increases in G20 countries, economic growth increases. Logistics performance index significantly affects economic growth in G20 countries. On the other hand, it was concluded that openness and foreign direct investments, which were used as control variables, reduced economic growth in G20 countries.

 As a result of the development of economic life, there has been an increase in the factors affecting the economy. Just as there are many factors that affect the economic growth of countries, logistics has also taken its place among these factors. Since one aspect of logistics is based on production, it is likely to affect economic growth. The purpose of the study is to investigate the impact of the logistics performance index on economic growth in G20 countries for the period 2007-2022. Economic growth is the dependent variable, represented by GDP per capita, while the logistics performance index is the independent variable. The lowest value of the logistics performance index is 1 and the highest value is 5. As the index decreases, logistics performance decreases, and as the index increases, logistics performance increases. Openness to foreign trade and foreign direct investments were used in the analysis as control variables. In the study, using the panel data method, unit and time effects were first examined with F, LR and LM tests, and then the Hausman test was performed and the prediction was made with the fixed effects model. However, the model was re-estimated with the Driscoll-Kraay Estimator to avoid inter-unit correlation, heteroscedasticity and autocorrelation problems in the model,. According to the estimation results, the effect of the logistics performance index on economic growth is positive and significant. As the logistics performance index increases in G20 countries, economic growth increases. Logistics performance index significantly affects economic growth in G20 countries. On the other hand, it was concluded that openness and foreign direct investments, which were used as control variables, reduced economic growth in G20 countries.

 Ekonomik hayatın gelişim göstermesi sonucu ekonomiyi etkileyen faktörlerde artış olmuştur. Özellikle ülkelerin ekonomik büyümelerini etkileyen birçok unsur olduğu gibi lojistik de söz konusu unsurlar arasında yerini almıştır. Lojistiğin bir yanının üretime dayanması neticesinde ekonomik büyümeyi etkilemesi muhtemeldir. Çalışmanın amacı, G20 ülkelerinde 2007-2022 dönemi için lojistik performans endeksinin ekonomik büyüme üzerindeki etkisini araştırmaktır. Ekonomik büyüme bağımlı değişken olup kişi başına GSYH ile temsil edilmiştir, lojistik performans endeksi ise bağımsız değişkendir. Lojistik performans endeksinin en düşük değeri 1, en yüksek değeri 5tir. Endeks düştükçe lojistik performans azalmakta, endeks yükseldikçe lojistik performans artmaktadır. Dışa açıklık ve doğrudan yabancı yatırımlar ise kontrol değişken olarak analizlerde kullanılmıştır. Çalışmada panel veri yöntemi kullanılarak ilk olarak F, LR ve LM testleri ile birim ve zaman etkilerine bakılmış daha sonra Hausman testi yapılarak Sabit etkiler modeli ile tahmin gerçekleştirilmiştir. Ancak modelde birimler arası korelasyon, değişken varyans ve otokorelasyon sorunlarına karşı Driscoll- Kraay Tahmincisi ile model yeniden tahmin edilmiştir. Tahmin sonuçlarına göre lojistik performans endeksinin ekonomik büyüme üzerindeki etkisi pozitif ve anlamdır. G20 ülkelerinde lojistik performans endeksi arttıkça ekonomik büyüme artış göstermektedir. G20 ülkelerinde lojistik performans endeksi ekonomik büyümeyi önemli oranda etkilemektedir. Diğer taraftan kontrol değişken olarak kullanılan dışa açıklık ve doğrudan yabancı yatırımların ise G20 ülkelerinde ekonomik büyümeyi azalttığı sonucuna ulaşılmıştır.

Makale detayları

The Effect of Logistics Performance Index on Economic Growth: The Case of G20 Countries

Yazarlar:

Rabia Efeoğlu | Sabri Azgün

Yayıncı:

Bolu Abant Izzet Baysal University

Ana Başlıklar:

Büyüme

Dergi:

Ekonomik ve Sosyal Araştırmalar Dergisi Vol.21 Issue 1, pp.71-82

Belge Tipi:

Makale

Yayın Tarihi:

6/2025

Belge Dili:

Türkçe

Document ID (Org No.):

2001351481

pISSN:

1306-2174

Logistics Performance Index

Economic Growth

G20 Countries

Panel Data Analysis

OpennessLojistik Performans Endeksi

Ekonomik Büyüme

G20 Ülkeleri

Panel Veri Analizi

Dışa Açıklık

Sayı

Makale detayları

Yazarlar: Rabia Efeoğlu | Sabri Azgün

Yayıncı: Bolu Abant Izzet Baysal University

Ana Başlıklar: Büyüme

Dergi: Ekonomik ve Sosyal Araştırmalar Dergisi Vol.21 Issue 1, pp.71-82

Belge Tipi: Makale

Yayın Tarihi: 6/2025

Belge Dili: Türkçe

Document ID (Org No.): 2001351481

pISSN: 1306-2174

Sayı

Yazarlar:

Rabia Efeoğlu | Sabri Azgün

Yayıncı:

Bolu Abant Izzet Baysal University

Ana Başlıklar:

Büyüme

Dergi:

Ekonomik ve Sosyal Araştırmalar Dergisi Vol.21 Issue 1, pp.71-82

Belge Tipi:

Makale

Yayın Tarihi:

6/2025

Belge Dili:

Türkçe

Document ID (Org No.):

2001351481

pISSN:

1306-2174