Logistics Level and Debt Pressure: Empirical Analysis Based on Regional Panel Data

Abstract

After the supply chain has gradually become a popular concept for research and attention, its corelogistics system and the debt of enter-prises therein have also been the subject of continuous discussion in the industry and academia. This study centers on the level of logistics in the supply chain and the debt pressure of industrial and commercial enterprises, analyzes the relationship between the two from the supply chain perspective, adopts the literature review method to put forward theoretical hypotheses, and constructs an econometric model and a system of related variables, and uses inter provincial panel data to carry out empirical demonstration of fixed-effects regression analysis. The results found that the logistics level alleviates the pressure of industrial and commercial liabilities, further analyzes the internal mech-anism from the perspective of debt generation and debt realization in each logistics link, and puts forward corresponding measures, which contributes new perspectives to the study of supply chain finance and explains the connection between the two key elements.