THE EFFECT OF THE COMPONENTS OF LOGISTICS PERFORMANCE INDEX ON GROSS DOMESTIC PRODUCT: CONCEPTUAL MODEL PROPOSAL

Abstract

Domestic and foreign trade are the most important components of the logistics sector. Logistics is related with planning, application and control of flowing of product, service and information between production and consumption areas. The most important indicators to represent the level of development of a country are economic indicators. Developments in the logistics sector contribute production and consumption activities around the World. In this context, logistics sector has an important role in social and economic development. The aim of this study is to designate the relation between gross domestic product (GDP) and logistics performance index (LPI) and differentiate the effects of the components of the LPI on GDP. As a result of the analysis conducted, the effects of Customs and Infrastructure dimensions of LPI on GDP are statistically meaningful.