Impact of Logistics on Global Economic Growth: Beta and Sigma Convergence During the Period 2007–2022
Pablo Coto-Millán,
David Paz Saavedra () and
Marta De la Fuente
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Pablo Coto-Millán: Department of Economy, University of Cantabria, 39005 Santander, Spain
David Paz Saavedra: Department of Economy, University of Cantabria, 39005 Santander, Spain
Marta De la Fuente: Department of Economy, University of Cantabria, 39005 Santander, Spain
Logistics, 2025, vol. 9, issue 4, 1-17
Abstract:
Background: Logistics plays a key role in economic performance, yet its contribution to global growth and convergence remains underexplored. This study examines how different logistics dimensions have influenced GDP per worker across countries over the period 2007–2022. Methods : Using econometric panel data techniques and convergence models (β and σ), data from 86 countries are analysed by incorporating logistics performance indicators—such as infrastructure quality, customs efficiency, and shipment traceability—into an endogenous growth framework. Results: The analysis confirms the existence of both β- and σ-convergence, suggesting that lower-income countries are catching up with higher-income ones. Improvements in logistics competence and tracking systems positively affect economic growth, while inefficiencies in shipping services and delivery timeliness negatively impact convergence. Conclusions: These findings highlight the dual role logistics can play in fostering or hindering growth. Enhancing logistics infrastructure and services through targeted policies is essential to promote sustained economic development and reduce global income disparities.
Keywords: economic growth; infrastructure; logistics; sigma convergence; beta convergence (search for similar items in EconPapers)
JEL-codes: L8 L80 L81 L86 L87 L9 L90 L91 L92 L93 L98 L99 M1 M10 M11 M16 M19 R4 R40 R41 R49 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jlogis:v:9:y:2025:i:4:p:147-:d:1775402
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