Title: The Impact of Logistics Infrastructure on Economic Growth: A Case Study of 9 Emerging Markets in Asia
Author: Helmi Arafat Priyajati
Affiliations : Master of Economics Program, Faculty of Economics and Business, Universitas Airlangga Surabaya, Indonesia
Publisher: Universitas Airlangga
Abstract
Logistics infrastructure is a crucial link in increasing international trade, enhancing competitiveness, and playing a significant role in a country's economic growth and development. This study aims to determine the effect of logistics infrastructure on economic growth. In this study, logistics infrastructure has variable indicators of capital stock, air transportation, land transportation, sea transportation, internet networks, warehousing, and labor in emerging Asian markets from 2005 to 2017. The data used in this study are secondary data from the World Bank, processed using panel data regression methods. Based on the estimation results, the results obtained jointly show that the variables of capital stock, air transportation, land transportation, sea transportation, internet networks, warehousing, and labor have a significant effect on economic growth. Meanwhile, partially, the variables of capital stock, air transportation, land transportation, sea transportation, internet networks, warehousing, and labor have a significant positive effect on economic growth in emerging Asian markets.
Keywords: capital stock, air transportation, land transportation, sea transportation, internet network, warehousing and labor, data regression