The Relationship between Financial Development and Logistics Performance Index: A Panel ARDL Approach in Emerging Markets

dc.contributor.authorDemirbaş, Muzaffer
dc.contributor.authorÜre, Salim
dc.contributor.authorDemir, Oğuzhan
dc.contributor.authorKaraköy, Çağatay
dc.contributor.authorUlutaş, Alptekin
dc.date.accessioned2026-04-04T13:19:03Z
dc.date.available2026-04-04T13:19:03Z
dc.date.issued2024
dc.departmentİnönü Üniversitesi
dc.description.abstractThe term "emerging markets" refers to countries that are undergoing economic and financial development. As financial development progresses in these nations, the capital available for international trade and the expansion of logistics infrastructure grows as well. This increased capital enables the financing of international trade activities and facilitates the execution of necessary logistics operations efficiently and effectively. Additionally, with enhanced financial development, it becomes easier to secure the capital required to improve logistics infrastructure and make it more functional. In this study, analyses are conducted using the Panel autoregressive distributed lag method in emerging market countries to evaluate the direct and indirect effects of financial development on logistics performance. The results reveal that increased access to financial institutions and markets positively affects logistics performance in both the short and long term. Among financial variables, the depth of financial institutions exhibits the strongest long-term influence, suggesting that a stable financial system is crucial for logistics efficiency. These insights provide valuable guidance for decision-makers aiming to strengthen logistics infrastructure and trade capabilities. By recognizing the role of financial development in supporting logistics performance, policymakers can craft strategies that support sustainable economic growth through improved logistics processes. © The Author(s) 2024.
dc.identifier.doi10.31181/sems21202424c
dc.identifier.endpage213
dc.identifier.issn3009-3309
dc.identifier.issue1
dc.identifier.scopus2-s2.0-105028950479
dc.identifier.scopusqualityN/A
dc.identifier.startpage202
dc.identifier.urihttps://doi.org/10.31181/sems21202424c
dc.identifier.urihttps://hdl.handle.net/11616/108123
dc.identifier.volume2
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherScientific Oasis
dc.relation.ispartofSpectrum of Engineering and Management Sciences
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.snmzKA_Scopus_20250329
dc.subjectEmerging Markets
dc.subjectFinancial Development
dc.subjectLogistics Performance
dc.subjectMarket Management
dc.titleThe Relationship between Financial Development and Logistics Performance Index: A Panel ARDL Approach in Emerging Markets
dc.typeArticle

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