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2011•Unpublished venueRequires access

Study on the correlation of logistics industry and local economic

Zhu Cuijuan, Jun-Shuang Huo

Open publisher page 2 citations

Abstract

Based on the transport turnover and GDP data from 1991 to 2009 with quantitative methods, the paper demonstrates there exists long-term cointegration relationship in logistics and economic growth. The result shows that the development of logistics industry and local economic development will promote each other. The economic development is promoted by logistics industry, and the economic development is the power of the development of logistics industry.

About this research paper

What this paper is about

Based on the transport turnover and GDP data from 1991 to 2009 with quantitative methods, the paper demonstrates there exists long-term cointegration relationship in logistics and economic growth. The result shows that the development of logistics industry and local economic development will promote each other. The economic development is promoted by logistics industry, and the economic development is the power of the development of logistics industry.

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OpenAlex reports 2 citations for this work. Citation counts describe recorded attention and do not establish research quality.

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Available abstract

Based on the transport turnover and GDP data from 1991 to 2009 with quantitative methods, the paper demonstrates there exists long-term cointegration relationship in logistics and economic growth. The result shows that the development of logistics industry and local economic development will promote each other. The economic development is promoted by logistics industry, and the economic development is the power of the development of logistics industry.

Key concepts: Cointegration, Business, Economic indicator, Industrial organization, Economics, Econometrics, Macroeconomics

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