@article{article_799017, title={Relationship between Logistics Performance, Economic Growth and Financial Development in G-7 and E-7 Countries}, journal={İnsan ve Toplum Bilimleri Araştırmaları Dergisi}, volume={9}, pages={4154–4166}, year={2020}, DOI={10.15869/itobiad.799017}, author={Bardakçı, Hasan and Erdogdu, Aylin and Barut, Abdulkadir}, keywords={logistics performance index, economic growth, financial development, E7, G7}, abstract={Logistics refers to the processes such as transportation, storage, customs clearance, packaging, distribution of a product from the first manufacturer to the end consumer. The logistics sector, whose importance is increasing day by day with globalization, plays an important role in the development of countries. Especially today, the increasing international trade activities between countries have increased the importance of the logistics sector. The logistics sector also plays an important role in the developing industry and the transportation of raw materials required for this (iron, steel, petroleum, etc.). The aim of this study is to analyze the relationship between logistics performance, economic growth and financial development econometric for E-7 countries and G-7 countries for the period 2007-2018. For this purpose, a total of four models related to E-7 countries and G-7 countries were established, and the long-term relationship and long-term coefficients were examined in the models. According to the findings; It is determined that there is no long term relationship between financial development and logistics performance index for E-7 countries. In G-7 countries, due to the high financial depth, it has been determined that there is a long-term relationship between financial development and logistics performance, but the long-term relationship coefficient is statistically insignificant. It has been determined that there is a long term relationship between economic growth and logistics performance for both G-7 countries and E-7 countries. However, the long-term relationship coefficient for E-7 countries was statistically insignificant, whereas the logistics performance index positively affected economic growth in G-7 countries. In this context, it should be kept in mind that from a policy perspective, investment in logistics infrastructure will be the most beneficial investment that can have high returns for future economic growth and financial growth in countries. Therefore, it is essential for the economic growth and financial development that policy makers give due importance to the issue of logistics and develop the necessary policies.}, number={5}, publisher={Mustafa Süleyman ÖZCAN}