Analysis of Logistics Performance Index with Multi-Criteria Decision-Making Methods: The Case of G-8 Countries

TuÄŸba Gã–kdemä°r

Fiscaoeconomia, 2025, issue 3

Abstract: The World Bank Logistics Performance Index (LPI) is a tool developed to assess the efficiency of the logistics sector. The index is based on indicators covering countries' logistics infrastructure, customs clearance, transportation efficiency, logistics service quality, and other relevant factors. The G-8 countries provide an appropriate framework for assessing logistics performance as they have strong economies and well-developed logistics infrastructures. These countries continuously strive to evaluate and improve their logistics performance as major players in the world economy. The study aims to present a comparative analysis and ranking of the G-8 countries (United States, Canada, France, Germany, Italy, Japan, Japan, United Kingdom, and Russian Federation) using the LPI calculated for 2023. The CRITIC-EDAS model was used to rank G-8 countries according to LPI criteria. With the CRITIC method, the weight values of the criteria were calculated and the criterion of delivering the shipment within the scheduled time was determined as the most important criterion. Then, the EDAS method was applied to rank the G-8 countries according to the six criteria. The results obtained are an important guide to compare the logistics performance of G-8 countries and identify potential opportunities for improvement. Given the heavy focus on the international-level logistics index (such as the World Bank's LPI) in the existing literature, this study aims to develop the logistics index to assess logistics capabilities at the regional and state level.

Keywords: Logistic Performance Index; G-8 Countries; Multi-Criteria Decision Analysis; CRITIC; EDAS (search for similar items in EconPapers)
JEL-codes: G21 L91 R11 R40 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:fis:journl:250301

DOI: 10.25295/fsecon.1573651

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