Research on the Spreading Effects from Modern Logistics Industry—A Case Study in Henan Province

Abstract

As a pillar industry, modern logistics industry is an important component of modern service industries in many countries and regions. Especially after the international financial crisis, the development of logistics industry has been greatly promoted by the Rapid integration of global supply chain. But according to current division of the national economy, it is difficult to quantify the status of the logistics industry and its contribution to the national economy. Therefore, this paper tries to separate the logistics industry from the national economy, as a fourth category of the national economy. Then, this paper calculates out each department's Leontief inverse matrix, impact coefficient, response coefficient, production induction coefficient; and establishes the initial analytical framework of the spreading effects from modern logistics industry. Synchronously, applying the analytical framework, authors integrate the input-output tables of 144 departments of Henan Province (in 2007); analyze the correlation relation between the logistics industry and national economy in Henan Province. Study shows that the analytical framework of the industrial association and the spreading effects which resulted from modern logistics industry are based on four departments, which can better reveal the modern logistics industry's role in the national economy. At present, the logistics industry in our country is still in the basic position that provides service for other industries. The logistics industry plays a second important role in promoting the development of national economy, but the economic development depends on logistics industry in a lower level.