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We analyze the dynamic linkages among Logistics, Trade and Economic Growth for a panel of 39 countries over the period 2007-2018. In particular, we investigate whether these countries exhibit the tendency to catch up, in terms of logistics performance, with the leader country, using methodologies of â€œconvergence analysisâ€ appropriate for the notions of stochastic convergence and I²-convergence and perform Granger-causality tests among a catching up variable (the LPI of each country relative to the LPI of Germany), Trade Openness and economic growth. The findings reveal rather weak evidence of catching-up effects with Germany. As far as causality is concerned, trade and economic growth further enhance the global tendency in logistics performance to catch-up with the dominant Germany while convergence in logistics is found to directly support economic growth but not trade.

economics and business letters

Catching-up effects in the logistics industry and the dynamic linkages with international trade and economic growth: empirical evidence from an international panel dataset