IMPACT OF LOGISTICS PERFORMANCE ON COUNTRY’S LIVING STANDARD: WITH SPECIAL REFERENCE TO RELATIONSHIP BETWEEN LPI AND HDI
Dr. Shilpi Chakravarty, Dr. Maani Dutt
Centre for Distance and Online Education, Manipal University Jaipur, India
Abstract: Logistics is a major tool for smooth Supply Chain Management. It encourages a fluent motion of information and material within the supply chain. Every Country want an efficient supply chian logistics in terms of money and time. There is a major impact of Logistics industry on every country macro and micro economy. The sring of internationalization and globalization is logistics. (2009) is used, both collected from the World Bank and UNDP programme respectively which are LPI and HDI that I have been explored in this paper. The reciprocity relationship between these two has been obtained –. Attempts are made to use a linear regression model offered by SPSS to study this. Data of different countries have been used so far available for the year 2018 in this study and since waiting for LPI index by World Bank after 2018.The calculated regression equation is utilized for forecasting the LPI value of several next years. It has been established by results that the efficiency in logistics cost for any country contributes to bring down final cost of product which eventually makes life affordable for people of country. This is how LPI can impact the HDI level of any country.
Keywords: Logistics efficiency, Trade facilitation, Human welfare, Development level, Relief logistics, Disaster response, LPI, HDI
VOLUME 9 ISSUE 12 2025: 102 – 117