MANAGERIAL EVALUATION OF THE LOGISTICS PERFORMANCE AND ITS DEPENDENCIES ON ECONOMIES IN SELECTED COUNTRIES Cover Image

MANAGERIAL EVALUATION OF THE LOGISTICS PERFORMANCE AND ITS DEPENDENCIES ON ECONOMIES IN SELECTED COUNTRIES
MANAGERIAL EVALUATION OF THE LOGISTICS PERFORMANCE AND ITS DEPENDENCIES ON ECONOMIES IN SELECTED COUNTRIES

Author(s): Alexandra Filová, Veronika Hrdá
Subject(s): National Economy, Business Economy / Management, Economic development, Transport / Logistics
Published by: Žilinska univerzita v Žiline, Fakulta prevádzky a ekonomiky dopravy a spojov, Katedra ekonomiky
Keywords: LPI; GDP; correlation; economic growth; managerial evaluation;

Summary/Abstract: The objective of the paper is managerial evaluation of the level of logistics on individual continents and to find out dependence between the level of logistic systems and the level of GDP in the selected countries of the world. To evaluate logistics, we used the Logistics Performance Index and its six categories (customs clearance, infrastructure, international shipment, logistic competencies, monitoring shipment, and satisfaction). The index of gross domestic product was shown per capita and in constant U.S. dollars for 2010. The analyzed period was the years 2010, 2012, 2014, 2016, and 2018. Together, we analyzed 134 countries from five of the world’s continents. Results are provided separately for the European countries and the Slovak Republic. To find out mutual linear dependence, we used the correlation coefficient. From the results of the research, it is clear that there is a connection between the variables LPI and GDP and thus that there exists a direct linear dependence. Only in one case, that of the African continent in 2018, was the coefficient of correlation close to zero and we had to state that the variables were not linearly dependent. For most resulting values of the correlation coefficient, we found only slight linear dependence. The exception was the countries of Australia and Oceania, where a strong dependence was found for all the years in question. This kind of analysis has significance primarily on the macroeconomic level. The individual countries can investigate, evaluate, and consequently improve their respective logistic systems and services. Understanding and decomposing the components of trade and logistics performance can help countries improve freight transport efficiency and identify where international cooperation could help overcome barriers.

  • Issue Year: 15/2021
  • Issue No: 1
  • Page Range: 15-27
  • Page Count: 13
  • Language: English