Does the Logistics Performance Affect International Trade of Vietnam?
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Abstract
Logistics performance is strongly connected to international trade. This means increasing international trade simultaneously requires continuous advancement in logistics infrastructure of the economy. In turn, a better logistics performance will promote international trade. This relationship has been evident in a number of empirical studies.
This paper aims to examine the effect of logistics performance on Vietnam’s international trade by employing the Gravity model and a panel data set of her 19 trade partners during 2005-2018. Our empirical results confirm a statistically significant relationship between logistics performance and international trade of Vietnam.