Human factor: the competitive advantage driver of the EU’s logistics sector
Vittorio D’Aleo and
Bruno Sergio Sergi
International Journal of Production Research, 2017, vol. 55, issue 3, 642-655
Abstract:
This article aims to test the weight that main sub-components of the global competitiveness index might have on the logistics performance index. We deploy a novel technique based on three newly particularised clusters (‘infrastructure’, ‘institutions’ and ‘human factor’) to look into whether such clusters are related to efficiency in the 28 European Union’s countries. It is manifest that the human factor is far more important for improving the logistics performance index than infrastructure and institutions. It follows that in this new domain of analysis, all initiatives to prioritise investment on the human factor are appropriate means of stimulating innovation and economic outlook, perceived that the logistics sector accounts for an average of 10% of the European Union’s GDP.
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:taf:tprsxx:v:55:y:2017:i:3:p:642-655
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DOI: 10.1080/00207543.2016.1194540
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