Abstract
The overall entropy method is used to evaluate the development level of the logistics industry in the city based on a mechanism analysis of the spillover effect of the development of the logistics industry on economic growth, according to the panel data of 26 cities in the Yangtze River delta. On this basis, the paper uses the spatial durbin model to study the direct impact of the development of the logistics industry on economic growth and the spatial spillover effect. The results show that the direct impact coefficient of the development of the logistics industry in the Yangtze River Delta urban agglomeration on local economic growth is 0.092, and the significant spatial spillover effect on the economic growth in the surrounding area is 0.197. Compared with the labor force input, capital investment and the degree of opening to the world, and government functions, the logistics industry’s direct impact coefficient is the largest, other than capital investment; the coefficient of the spillover effect is higher than other control variables, making it a “strong engine” of the Yangtze River Delta urban agglomeration economic growth.
Highlights
The logistics industry is the “big artery” of the national economy, and plays an important role in the growth of the national economy
The measure of direct impact and spatial spillover effect of the development of the logistics industry on economic growth relies on the reasonable evaluation of the development level of the regional logistics industry
On the basis of studies of Tang et al (2015) [14] and Cai et al (2016) [15], the rationality and availability of index data and the characteristics of the target regions are considered in this paper; a comprehensive evaluation index system of logistics industry development level in Yangtze River delta is constructed from four aspects: industrial scale, infrastructure, human resources, and industry support
Summary
The logistics industry is the “big artery” of the national economy, and plays an important role in the growth of the national economy. Established a dynamic coupling model from the perspective of system dynamics to analyze the dynamic relationship of the regional logistics industry and economic growth, concluding that coordination could not be achieved in the short term, but that the situation would evolve towards harmony in the long term [2]. Explored the relationship between the logistics industry and the coordinated development of economy, with 21 cities in China as the object of study, by using the gray correlation method, concluding that, Int. J. Cao et al (2015) obtained that regional logistics had a significant role in promoting economic growth by using China’s provincial panel data to analyze the relationship between the logistics industry and economic growth [13]. The Modeling Process of the Spillover Effect on Logistics Industry in Relation to Economic Growth
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