2009•International Business ResearchOpen access

A Research on the Relationship of Logistics Industry Development and Economic Growth of China

Shuang Liu

Abstract

This paper selects Gross Domestic Product (GDP) as referential series of dependent variable, and selects logistics industry value added, total employment of logistics industry, new fixed assets investment, freight volume, freight turnover as compared series of independent variable, uses grey relational analysis method, researches on the relationship between China logistics industry development and national economic increase from two angles of logistics size and logistics efficiency.

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Key concepts: Business, China, Industrial organization, Investment (military), Variable (mathematics), Gross domestic product, Product (mathematics), Fixed asset