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Role of Engineering Technology on Logistic Performance in Promoting Economic Growth in Asian Countries

In: Industry Forward and Technology Transformation in Business and Entrepreneurship

Author

Listed:
  • Nur Naddia Nordin

    (University Malaysia Kelantan)

  • Nur Haiza Nordin

    (University Malaysia Kelantan)

  • Nur Ilyana Amiiraa Nordin

    (University Malaysia Kelantan)

  • Nur Faiz Nordin

    (University Malaysia Kelantan)

  • Norzalina Zainudin

    (University Putra Malaysia)

Abstract

Engineering technology and logistic performance become key elements of sustainable long-run economic growth and have been explained in endogenous growth theory as a proxy of physical capital. The analysis draws engineering technology and logistic performance data for ten countries. The estimation data is from 2008 to 2020. The empirical analysis involved the estimation of the cointegration test, Dynamic Ordinary Least Square (OLS), and long-run estimation coefficient. The finding showed that the spillover effects of engineering technology indicated the highest effect on long-run economic growth, but the effect of logistic performance could not be denied due to a positive and significant coefficient. Thus, government and policymakers should play a significant role in shaping engineering technology to sustain economic growth.

Suggested Citation

  • Nur Naddia Nordin & Nur Haiza Nordin & Nur Ilyana Amiiraa Nordin & Nur Faiz Nordin & Norzalina Zainudin, 2023. "Role of Engineering Technology on Logistic Performance in Promoting Economic Growth in Asian Countries," Springer Books, in: Mohd Nor Hakimin Yusoff (ed.), Industry Forward and Technology Transformation in Business and Entrepreneurship, pages 657-665, Springer.
    • Handle: RePEc:spr:sprchp:978-981-99-2337-3_56
    DOI: 10.1007/978-981-99-2337-3_56
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