Study on Transportation Logistics Industry development under economics: The case of HCM, Vietnam

Abstract

The objective of this paper is to measure seven factors, including Labor, Capital & Scale, Physical Infrastructure, Information Technology Infrastructure, Institutions, Openness to the Economic Environment, and Emission. Furthermore, another objective is to assess which factors impact on Labor Productivity, Capital Productivity, and Gross Domestic Product (GDP) of the Transportation Logistics Industry in Ho Chi Minh. It will also assess how GDP is impacted by Labor Productivity and Capital Productivity. The Methodology used includes Cronbach’s Alpha, Exploratory Factor Analysis, Pearson Correlation and Multivariate regression. Highlight results are Transportation Logistics Industry’s Scale, such as total enterprises of Transportation Logistics Industry impacts on Labor Productivity at Sig. < .001 and Beta = 0.706, impacts on Capital Productivity at Sig. < .001 and Beta = 1.728, and impacts on Transportation Logistics Industry’s GDP at Sig. < .001 and Beta = 0.712, which impacts all in the positive direction. Besides, while Labor Productivity impacts in the same direction on GDP at Beta = 1.006 and Sig. < .001, Capital Productivity does not impact on GDP. Therefore, to develop Transportation Logistics Industry, there is a need to focus on Transportation Logistics Industry’s GDP by boosting its Labor Productivity. Also, there is a need to focus on the Transportation Logistics Industry’s Scale in the direction of increasing total enterprises is important and necessary.