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Influence of Logistics Efficiency on Economic Growth of the CIS Countries

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  • K. Sharipbekova
  • Z. Raimbekov

Abstract

Logistics has become one of the foremost spheres that affect economic growth. In its reports, the World Bank analyzes the effectiveness of the LPI logistics index of the world, and states that the logistics sector plays an important role in the competitiveness of many countries. The authors, using the example of the CIS countries, analyze the influence of LPI over 10 years, and carry out factor analysis, which considers both the logistics sector (transport, telecommunications) and economic indicators (GDP, trade, industry, etc.). Groups of factors such as industry (general and agricultural), investment and trade: auto transport, freight turnover, communications; railway and air transport, service and mobile network and exports were identified based on the results of the study. These factors are closely interrelated. This interrelation plays an important role in the development of economic growth of countries. It was revealed that the efficiency of logistics affects over not only economic growth, but also the further development of a country in the global world.

Suggested Citation

  • K. Sharipbekova & Z. Raimbekov, 2018. "Influence of Logistics Efficiency on Economic Growth of the CIS Countries," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 678-690.
    • Handle: RePEc:ers:journl:v:xxi:y:2018:i:2:p:678-690
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    References listed on IDEAS

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    1. Luisa Mart𓐊Author-X-Name-First: Luisa & Leandro Garc𨀍, 2014. "The importance of the Logistics Performance Index in international trade," Applied Economics, Taylor & Francis Journals, vol. 46(24), pages 2982-2992, August.
    2. V.A. Bondarenko & T.V. Parkhomenko & T.B. Erokhina & N.V. Guzenko, 2017. "Marketing and Logistic Instrumentarium of Activation of Inter-Country Cooperation of Russia and Solving the Issue of Import Substitution," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 105-116.
    3. Pinar Hayaloglu, 2015. "The Impact of Developments in the Logistics Sector on Economic Growth: The Case of OECD Countries," International Journal of Economics and Financial Issues, Econjournals, vol. 5(2), pages 523-530.
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    1. 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.
    2. Syed Abdul Rehman Khan & Zhang Yu & Muhammad Umar & Hafiz Muhammad Zia‐ul‐haq & Muhammad Tanveer & Laeeq Razzak Janjua, 2022. "Renewable energy and advanced logistical infrastructure: Carbon‐free economic development," Sustainable Development, John Wiley & Sons, Ltd., vol. 30(4), pages 693-702, August.
    3. Magazzino, Cosimo & Alola, Andrew Adewale & Schneider, Nicolas, 2021. "The trilemma of innovation, logistics performance, and environmental quality in 25 topmost logistics countries: a quantile regression evidence," LSE Research Online Documents on Economics 117654, London School of Economics and Political Science, LSE Library.
    4. 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.
    5. Magazzino, Cosimo & Mele, Marco & Schneider, Nicolas, 2022. "A new artificial neural networks algorithm to analyze the nexus among logistics performance, energy demand, and environmental degradation," Structural Change and Economic Dynamics, Elsevier, vol. 60(C), pages 315-328.

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