Impact of Green Logistics on International Trade: An Empirical Study in Asia Pacific Economic Cooperation
Thu Hien Le,
Huu Kien Nguyen,
Thanh-Vu-Linh Nguyen,
Thi-Mai-Huong Khuat,
Thi-Phong-Thu Pham and
Thuong-Lang Nguyen
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Thu Hien Le: Faculty of Economic Mathematics, National Economics University, Hanoi, Vietnam,
Huu Kien Nguyen: School of Trade and International Economics, National Economics University, Hanoi, Vietnam
Thanh-Vu-Linh Nguyen: School of Trade and International Economics, National Economics University, Hanoi, Vietnam
Thi-Mai-Huong Khuat: School of Advanced Education Programs, National Economics University, Hanoi, Vietnam
Thi-Phong-Thu Pham: School of Advanced Education Programs, National Economics University, Hanoi, Vietnam
Thuong-Lang Nguyen: School of Trade and International Economics, National Economics University, Hanoi, Vietnam
International Journal of Economics and Financial Issues, 2022, vol. 12, issue 4, 97-105
Abstract:
Green logistics has been a trend in the world. This research evaluates the impact of green logistics on international trade among APEC nations over the period of 9 years (2010 2018). The research uses an augmented gravity model to investigate the effects of green logistics on international trade through the Environmental Logistics Performance Index (ELPI). The results show that exporting countries applying green logistics increase the export volume to other members of APEC. In the long term, importing countries engaging in green logistics increase trade volume with green logistics countries in APEC. With the aim of enhancing international trade, APEC countries must improve domestic logistics performance. Through those analyses, research proposes several recommendations to encourage nations and enterprises to apply green logistics effectively.
Keywords: APEC; FGLS; Green logistics; International trade (search for similar items in EconPapers)
JEL-codes: F13 F18 L98 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:eco:journ1:2022-04-13
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