Abstract
Purpose – the purpose of this paper is to investigate whether supply line engineering strategies of goods and
service exports, exports transport services and export time have a significant impact on GDP growth of BIMSTEC
countries or not.
Research methodology – the study employed a panel vector error correction model (VECM) instead of loose VAR to
examine the short and long-run relationship among the selected indicators and GDP growth.
Findings – in the long-run, the time of export negatively and suggestively associate with GDP. Conversely, VECM
based Granger causality test signposted that in short-run only unidirectional causality running from goods and service
exports (GSE), trade duration like exports time (ET) toward GDP and for the rest of the variables no causality found.
Research limitations – this study is contextualized only on Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and
Thailand.
Practical implications – to investigate the current position of the link between supply line logistics strategies and economic growth by using annual data for the period of 1980 to 2014 and possible weaknesses and logistics presence.
Originality/Value – this paper is an attempt, first of its kind, to fill up this shortfall, to estimate the relationship of exports
transport services, exports time, and goods and services exports with GDP growth of BIMSTEC countries
service exports, exports transport services and export time have a significant impact on GDP growth of BIMSTEC
countries or not.
Research methodology – the study employed a panel vector error correction model (VECM) instead of loose VAR to
examine the short and long-run relationship among the selected indicators and GDP growth.
Findings – in the long-run, the time of export negatively and suggestively associate with GDP. Conversely, VECM
based Granger causality test signposted that in short-run only unidirectional causality running from goods and service
exports (GSE), trade duration like exports time (ET) toward GDP and for the rest of the variables no causality found.
Research limitations – this study is contextualized only on Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and
Thailand.
Practical implications – to investigate the current position of the link between supply line logistics strategies and economic growth by using annual data for the period of 1980 to 2014 and possible weaknesses and logistics presence.
Originality/Value – this paper is an attempt, first of its kind, to fill up this shortfall, to estimate the relationship of exports
transport services, exports time, and goods and services exports with GDP growth of BIMSTEC countries
| Original language | English |
|---|---|
| Title of host publication | International Scientific Conference CONTEMPORARY ISSUES IN BUSINESS, MANAGEMENT AND ECONOMICS ENGINEERING’2019 |
| Publisher | Vilnius Gediminas Technical University |
| Volume | Lithuania |
| ISBN (Electronic) | 978-609-476-162-1 |
| ISBN (Print) | 978-609-476-161-4 |
| Publication status | Published - 9 May 2019 |
Keywords
- Logistics Strategies
- Lead time
- South Asian Countries
- Penal Data,
- VECM Model
