Causal Relationship of Logistics Performance Gross Domestic Product and Governance

Authors

  • Mulugeta S. Kahsai Virginia State University
  • Ephrem Eyob Virginia State University

DOI:

https://doi.org/10.33423/jabe.v24i4.5489

Keywords:

business, economics, logistic performance, GDP, governance, panel causality tests

Abstract

This study investigates the short-run and long-run relationship between a country’s logistic performance, GDP, and governance. Although several studies have explored the relationship between governance indicators and economic growth, up to now, no attempt has been made to quantify the relationship and direction of causality between logistic performance, GDP, and governance for African countries. Using data from forty-seven African countries for the period 2007-2018, we conduct our empirical analyses using the panel error correction model. The contribution of this study is by using a panel-data approach to a variety of factors, it attempted to explain the variance in the LPI for the selected countries.

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Published

2022-10-09

How to Cite

Kahsai, M. S., & Eyob, E. (2022). Causal Relationship of Logistics Performance Gross Domestic Product and Governance. Journal of Applied Business and Economics, 24(4). https://doi.org/10.33423/jabe.v24i4.5489

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Section

Articles