Paper Key : IRJ************184
Author: Shah Hardik,Kaushika Shetty ,Prof. Ashish Bhatt
Date Published: 04 Mar 2023
Abstract
Many articles from previous years have made an effort to evaluate the significant influence of the Logistics Performance Index on international trade. The logistics of national trade. To manage logistics performance successfully in a highly competitive global business environment, performance measurement is crucial. The purpose of this article is to empirically investigate how LPI affects international trade. By using variables such as economic factor i.e. GDP, the distance between importing and exporting countries, the infrastructure of the countries, trade flow, and LPI score of the year 2018 for 150 countries. For the purpose of estimating this relationship among 150 nations, we used the improved gravity model of regression analysis. The findings of our study suggest that trade will rise with trade flow because all of the variables we considered are significant and show the intended indications in line with our hypothesis.
DOI LINK : 10.56726/IRJMETS34059 https://www.doi.org/10.56726/IRJMETS34059