Journal article
Relationship Between Logistics Performance, Trade Volume and Economic Growth
Abstract
Logistics performance can significantly impact competitiveness, cost reduction, service quality improvement, trade volume expansion, and economic growth. To enhance profitability and secure a competitive edge, companies should focus on high-quality, efficient logistics and invest in transport, communication, and storage infrastructure. This study aims to explore the connection between logistics performance, trade volume, and economic growth. Data for this analysis were sourced from official World Bank and OECD databases and evaluated using the Integrated Entropy-TOPSIS MCDS method. The findings reveal that the Netherlands leads in logistics performance, trade volume, and economic growth, while Japan exhibits the lowest performance in these areas.
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