An Empirical Analysis and Countermeasure Research on the Effect of Logistics Industry on Economic Growth in China
- DOI
- 10.2991/msie-15.2015.57How to use a DOI?
- Keywords
- Logistics Industry; Economic Growth; Empirical Analysis; Countermeasures.
- Abstract
In order to study the logistics industry's effect on promoting economic growth, firstly this paper demonstrates the research of the interaction between the two on the basis of the data of GDP and the total social logistics in the period from 1991 to 2013, in the method of Granger-causality test. The result illustrates that there is mutual Granger-causality between the logistics and economic growth. Then, the paper empirically analyzes the contribution of logistics industry to the development of national economy through the GDP for social logistics demand coefficient (LDC), the logistics industry to GDP contribution rate (LCR) and pulling coefficient (LPC). The results present that the relationship between logistics industry and economic growth shows that more obvious is the promoting influence of economic on the logistics industry than the other way around. Finally, according to analysis of the cause about the coefficient changes, some strategic suggestions are provided for development of modern logistics industry to economic growth effectively.
- Copyright
- © 2015, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Xueping Deng AU - Jingwen Guo PY - 2015/11 DA - 2015/11 TI - An Empirical Analysis and Countermeasure Research on the Effect of Logistics Industry on Economic Growth in China BT - Proceedings of the 2015 International Conference on Management Science and Innovative Education PB - Atlantis Press SP - 257 EP - 265 SN - 2352-5398 UR - https://doi.org/10.2991/msie-15.2015.57 DO - 10.2991/msie-15.2015.57 ID - Deng2015/11 ER -