Beyond supply chains: investigating the economic impact of logistics performance / Mubarik Abdul Mumin and Ibrahim Nandom Yakubu

This paper investigates the pivotal role of logistics performance in shaping economic growth in selected West African nations. Employing a rigorous fixed effects methodology over the period 2007–2022, the study unveils compelling insights. Logistics performance emerges as a critical driver of econom...

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Bibliographic Details
Main Authors: Abdul Mumin, Mubarik, Yakubu, Ibrahim Nandom
Format: Article
Language:English
Published: Universiti Teknologi Mara, Selangor: Puncak Alam Campus: Faculty of Business and Management 2023
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Online Access:https://ir.uitm.edu.my/id/eprint/88090/1/88090.pdf
https://ir.uitm.edu.my/id/eprint/88090/
http://myjms.mohe.gov.my/index.php/JIBE/index
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Institution: Universiti Teknologi Mara
Language: English
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Summary:This paper investigates the pivotal role of logistics performance in shaping economic growth in selected West African nations. Employing a rigorous fixed effects methodology over the period 2007–2022, the study unveils compelling insights. Logistics performance emerges as a critical driver of economic growth, emphasizing the need for infrastructure investments. Similarly, industrialization and trade openness have significant positive impacts on economic growth, endorsing pro-manufacturing and trade facilitation policies. Surprisingly, inflation exhibits no direct influence on growth, although prudent monetary management remains vital. These findings carry profound policy implications, advocating for holistic strategies to unlock West Africa's economic potential.