The Relationship Between Logistics Performance Index and International Trade: An Empirical Analysis

Author

Sanjay Bhukiya , Ritesh Patel


Abstract

In today\'s highly competitive global business environment, effective management of logistics performance is crucial for successful trade. Numerous studies have examined the significant influence of Logistics Performance Index (LPI) on international trade, particularly on national trade. This article aims to empirically investigate the impact of LPI on international trade using variables such as Gross Domestic Product (GDP), distance between importing and exporting countries, infrastructure, trade flow, and LPI score for the year 2018. We used an improved gravity model of regression analysis to estimate this relationship among 150 nations. Our findings suggest that trade will increase with trade flow since all variables considered are significant and demonstrate the intended indications in line with our hypothesis


Keywords

LPI, GDP, Gravity Model, Trade Flow



Full Text:

Download Paper PDF


References


  1. Van der Geer, J., Hanraads, J. A. J., & Lupton, R. A. (2000). The art of writing a scientific article.Journal of Science Communication, 163, 51–59.
  2. Strunk, W., Jr., & White, E. B. (1979).The elements of style (3rd ed.). New York: MacMillan.
  3. Mettam, G. R., & Adams, L. B. (1999).How to prepare an electronic version of your article. In B. S. Jones & R. Z. Smith (Eds.), Introduction to the electronic age (pp. 281–304). New York: E-Publishing Inc.
  4. Fachinger, J., den Exter, M., Grambow, B., Holgerson, S., Landesmann, C., Titov, M., et al. (2004).Behavior of spent HTR fuel elements in aquatic phases of repository host rock formations, 2nd International Topical Meeting on High Temperature Reactor Technology. Beijing, China, paper #B08.
  5. Fachinger, J. (2006). Behavior of HTR fuel elements in aquatic phases of repository host rock formations.Nuclear Engineering & Design,236, 54.
  6. Rodriguez, K. M., Reddy, R. S., Barreiros, A. Q., & Zehtab, M. (2012, June). Optimizing Program Operations: Creating a Web-Based Application to Assign and
  7. Kwon, D., Reddy, R., & Reis, I. M. (2021). ABCMETAapp: R shiny application for simulation-based estimation of mean and standard deviation for metaanalysis via approximate Bayesian computation. Research synthesis methods, 12(6), 842–848. https://doi.org/10.1002/jrsm.1505
  8. Reddy, H. B. S., Reddy, R. R. S., Jonnalagadda, R., Singh, P., & Gogineni, A. (2022). Usability Evaluation of an Unpopular Restaurant Recommender Web
  9. Reddy, H. B. S., Reddy, R. R. S., Jonnalagadda, R., Singh, P., & Gogineni, A. (2022). Analysis of the Unexplored Security Issues Common to All Types of
  10. Singh, P., Williams, K., Jonnalagadda, R., Gogineni, A., &; Reddy, R. R. (2022). International students: What’s missing and what matters. Open Journal of
  11. Jonnalagadda, R., Singh, P., Gogineni, A., Reddy, R. R., & Reddy, H. B. (2022). Developing, implementing and evaluating training for online graduate
  12. Sarmiento, J. M., Gogineni, A., Bernstein, J. N., Lee, C., Lineen, E. B., Pust, G. D., & Byers, P. M. (2020).Alcohol/illicit substance use in fatal motorcycle
  13. Brown, M. E., Rizzuto, T., & Singh, P. (2019). Strategic compatibility, collaboration and collective impact for community change. Leadership & Organization
  14. Sprague-Jones, J., Singh, P., Rousseau, M., Counts, J., & Firman, C. (2020). The Protective Factors Survey: Establishing validity and reliability of a self-report
  15. Reddy Sadashiva Reddy, R., Reis, I. M., & Kwon, D. (2020). ABCMETAapp: R Shiny Application for Simulation-based Estimation of Mean and Standard
  16. Reddy, H. B. S, Reddy, R. R., & Jonnalagadda, R. (2022). A proposal: Human factors related to the user acceptance behavior in adapting to new technologies or
  17. Reddy, H. B. S., Reddy, R. R. S., & Jonnalagadda, R. (2022). Literature Review Process: Measuring the Effective Usage of Knowledge Management Systems
  18. Reddy, R. R. S., & Reddy, H. B. S. (2022). A Proposal: Web attacks and Webmaster’s Education Co-Relation. In International Journal of Research Publication
  19. Reddy, H. B. S. (2022). A Proposal: For Emerging Gaps in Finding Firm Solutions for Cross Site Scripting Attacks on Web Applications. In International
  20. International Journal of Research Publication and Reviews, Vol 3, no 8, pp 807-809 August 2022
  21. Lu, N., Butler, C. C., Gogineni, A., Sarmiento, J. M., Lineen, E. B., Yeh, D. D., Babu, M., & Byers, P. M. (2020). Redefining Preventable Death—Potentially
  22. Reddy, H. B. S. (2022). Exploring the Existing and Unknown Side Effects of Privacy Preserving Data Mining Algorithms (Doctoral dissertation, Nova Southeastern University).
  23. Sadashiva Reddy, H. B. (2022). Exploring the Existing and Unknown Side Effects of Privacy Preserving Data Mining Algorithms.

Share your valuable work from Social Media Buttons