Title :
Study on the correlation of logistics industry and local economic
Author :
Cuijuan Zhu ; Junshuang Huo
Author_Institution :
Inst. Traffic Eng., Beihua Univ., Jilin, China
Abstract :
Based on the transport turnover and GDP data from 1991 to 2009 with quantitative methods, the paper demonstrates there exists long-term cointegration relationship in logistics and economic growth. The result shows that the development of logistics industry and local economic development will promote each other. The economic development is promoted by logistics industry, and the economic development is the power of the development of logistics industry.
Keywords :
economic indicators; logistics; statistical analysis; GDP data; economic growth; local economic development; logistics industry; long-term cointegration relationship; quantitative method; transport turnover; Correlation; Economic indicators; Industries; Logistics; Time series analysis; Economic development; Granger causality test; Logistics Industry;
Conference_Titel :
Mechatronic Science, Electric Engineering and Computer (MEC), 2011 International Conference on
Conference_Location :
Jilin
Print_ISBN :
978-1-61284-719-1
DOI :
10.1109/MEC.2011.6025590
