Beta
377881

Influence of Logistics Performance on Economic Growth in BRICS Countries

Article

Last updated: 04 Jan 2025

Subjects

-

Tags

-

Abstract

Logistics have played a crucial role in fulfilling economic development. BRICS countries is expected to take over 38% of the world's GDP after adding new members in 2024. This empirical study examines the impact of the logistics sector on economic growth across all 10 BRICS countries. The analysis utilizes panel data and relies on the World Bank Logistics Performance Index scores. Findings indicate that overall LPI is negative insignificant determinant for economic growth in BRICS countries during the years. The Random Effects model exhibits consistency, efficiency and significance. This may be attributed to the wide differences of LPI overall scores and Trade Across Borders (TAB) scores in BRICS countries. Results also reveal that Gross fixed capital formation, as a proxy for infrastructure investment, is the main statistically significant variable affecting GDP per capita in BRICS countries. Additionally, the main two significant variables among individual LPI are, the regularity with which shipments reach the recipient within the specified or anticipated timeframe, along with the capability to monitor and trace these consignments. Wide opportunities exist to share knowledge and exchange experiences in developing logistic sector among BRICS countries.

DOI

10.21608/jsst.2024.314728.1853

Keywords

Logistics, BRICS Countries, . LPI (Logistics Performance Index), Panel data analysis, Egypt

Authors

First Name

Hanaa Abdelaty Hasan

Last Name

Esmail

MiddleName

-

Affiliation

Faculty of commerce,, Economic Department , Port Said University, Port Said, Egypt

Email

hanaa.esmail@com.psu.edu.eg

City

-

Orcid

0000-0001-7628-3703

First Name

Marwa

Last Name

Swilam

MiddleName

-

Affiliation

(2) Thebes Higher Institute of Computer and Management Sciences, Cairo, Egypt,

Email

marwa.sweilam@thebes.edu.eg

City

-

Orcid

-

Volume

25

Article Issue

4

Related Issue

47460

Issue Date

2024-10-01

Receive Date

2024-08-22

Publish Date

2024-10-01

Page Start

171

Page End

195

Print ISSN

2090-5327

Online ISSN

2682-3543

Link

https://jsst.journals.ekb.eg/article_377881.html

Detail API

https://jsst.journals.ekb.eg/service?article_code=377881

Order

377,881

Type

المقالة الأصلية

Type Code

1,048

Publication Type

Journal

Publication Title

مجلة البحوث المالية والتجارية

Publication Link

https://jsst.journals.ekb.eg/

MainTitle

Influence of Logistics Performance on Economic Growth in BRICS Countries

Details

Type

Article

Created At

24 Dec 2024