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The impact of international logistics performance on import and export trade: an empirical case of the "Belt and Road" initiative countries

Business

The impact of international logistics performance on import and export trade: an empirical case of the "Belt and Road" initiative countries

W. Wang, Q. Wu, et al.

This research by Weixin Wang, Qiqi Wu, Jiafu Su, and Bing Li explores how international logistics performance influences trade between China and Belt and Road initiative countries from 2011 to 2022. Discover the critical relationship between logistics enhancements and trade volume, especially with larger economies.

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Playback language: English
Abstract
This paper investigates the impact of international logistics performance on import and export trade, focusing on "Belt and Road" initiative countries from 2011 to 2022. Using an extended trade gravity model and the Logistics Performance Index (LPI), the study finds that improved logistics performance positively correlates with increased trade volume between China and these countries, particularly larger economies. The paper offers suggestions for enhancing logistics performance and trade, providing insights for the "Belt and Road" initiative.
Publisher
Humanities and Social Sciences Communications
Published On
Aug 10, 2024
Authors
Weixin Wang, Qiqi Wu, Jiafu Su, Bing Li
Tags
international logistics
trade performance
Belt and Road initiative
Logistics Performance Index
trade volume
China
economic impact
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