This paper is published in Volume-9, Issue-2, 2023
Area
International Business & Trade
Author
Dhairya Panchal, Krupa Gadhavi, Ashishkumar Bhatt
Org/Univ
Parul University, Vadodara, Gujarat, India
Pub. Date
11 March, 2023
Paper ID
V9I2-1140
Publisher
Keywords
Logistics Performance Index, Trade, Gravity Model, India

Citationsacebook

IEEE
Dhairya Panchal, Krupa Gadhavi, Ashishkumar Bhatt. A study of the relation between the logistic performance index on India’s trade, International Journal of Advance Research, Ideas and Innovations in Technology, www.IJARIIT.com.

APA
Dhairya Panchal, Krupa Gadhavi, Ashishkumar Bhatt (2023). A study of the relation between the logistic performance index on India’s trade. International Journal of Advance Research, Ideas and Innovations in Technology, 9(2) www.IJARIIT.com.

MLA
Dhairya Panchal, Krupa Gadhavi, Ashishkumar Bhatt. "A study of the relation between the logistic performance index on India’s trade." International Journal of Advance Research, Ideas and Innovations in Technology 9.2 (2023). www.IJARIIT.com.

Abstract

Logistics and transport increasingly influence international trade. The Logistics Performance Index (LPI) compares customs procedures, logistics costs, and overland and maritime transport infrastructure between countries. This article uses a gravity model to analyze how these components affect trade in emerging economies. The study also compares 2007 and 2012 LPI data from developing countries in five regions (Africa, South America, the Far East, the Middle East, and Eastern Europe) to find logistics improvements. The results show that improving any LPI component can boost trade flows.