Role of Engineering Technology on Logistic Performance in Promoting Economic Growth in Asian Countries

Nur Naddia Nordin (), Nur Haiza Nordin, Nur Ilyana Amiiraa Nordin, Nur Faiz Nordin and Norzalina Zainudin
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Nur Naddia Nordin: University Malaysia Kelantan
Nur Haiza Nordin: University Malaysia Kelantan
Nur Ilyana Amiiraa Nordin: University Malaysia Kelantan
Nur Faiz Nordin: University Malaysia Kelantan
Norzalina Zainudin: University Putra Malaysia

A chapter in Industry Forward and Technology Transformation in Business and Entrepreneurship, 2023, pp 657-665 from Springer

Abstract: Abstract Engineering technology and logistic performance become key elements of sustainable long-run economic growth and have been explained in endogenous growth theory as a proxy of physical capital. The analysis draws engineering technology and logistic performance data for ten countries. The estimation data is from 2008 to 2020. The empirical analysis involved the estimation of the cointegration test, Dynamic Ordinary Least Square (OLS), and long-run estimation coefficient. The finding showed that the spillover effects of engineering technology indicated the highest effect on long-run economic growth, but the effect of logistic performance could not be denied due to a positive and significant coefficient. Thus, government and policymakers should play a significant role in shaping engineering technology to sustain economic growth.

Keywords: Engineering technology; Logistic performance; Asian countries; Growth (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-99-2337-3_56

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DOI: 10.1007/978-981-99-2337-3_56

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