Impact of Green Logistics on International Trade: An Empirical Study in Asia–Pacific Economic Cooperation

Authors

  • Thu-Hien Le Faculty of Economic Mathematics, National Economics University, Hanoi, Vietnam,
  • Huu-Kien Nguyen School of Trade and International Economics, National Economics University, Hanoi, Vietnam
  • Thanh-Vu-Linh Nguyen School of Trade and International Economics, National Economics University, Hanoi, Vietnam
  • Thi-Mai-Huong Khuat School of Advanced Education Programs, National Economics University, Hanoi, Vietnam
  • Thi-Phong-Thu Pham School of Advanced Education Programs, National Economics University, Hanoi, Vietnam
  • Thuong-Lang Nguyen School of Trade and International Economics, National Economics University, Hanoi, Vietnam

DOI:

https://doi.org/10.32479/ijefi.13185

Abstract

Green logistics has been a trend in the world. This research evaluates the impact of green logistics on international trade among APEC nations over the period of 9 years (2010 – 2018). The research uses an augmented gravity model to investigate the effects of green logistics on international trade through the Environmental Logistics Performance Index (ELPI). The results show that exporting countries applying green logistics increase the export volume to other members of APEC. In the long term, importing countries engaging in green logistics increase trade volume with green logistics countries in APEC. With the aim of enhancing international trade, APEC countries must improve domestic logistics performance. Through those analyses, research proposes several recommendations to encourage nations and enterprises to apply green logistics effectively.

Keywords:

APEC, FGLS, Green logistics, International trade

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Author Biographies

Thu-Hien Le, Faculty of Economic Mathematics, National Economics University, Hanoi, Vietnam,

Study at Data Science in Economics and Business, Faculty of Economic Mathematics, National Economics University, Vietnam

Huu-Kien Nguyen, School of Trade and International Economics, National Economics University, Hanoi, Vietnam

Study at International Economics, School of Trade and Internationals Economics, National Economics University, Vietnam

Thanh-Vu-Linh Nguyen, School of Trade and International Economics, National Economics University, Hanoi, Vietnam

Study at International Economics, School of Trade and International Economics, National Economics University, Vietnam.

Thi-Mai-Huong Khuat, School of Advanced Education Programs, National Economics University, Hanoi, Vietnam

Study at International Business, School of Advanced Education Programs, National Economics University, Vietnam.

Thi-Phong-Thu Pham, School of Advanced Education Programs, National Economics University, Hanoi, Vietnam

Study at International Business, School of Advanced Education Programs, National Economics University, Vietnam.

Thuong-Lang Nguyen, School of Trade and International Economics, National Economics University, Hanoi, Vietnam

Work at School of Trade and International Economics, National Economics University, Vietnam.

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Published

2022-07-19

How to Cite

Le, T. H., Nguyen, H. K., Nguyen, T.-V.-L., Khuat, T.-M.-H., Pham, T.-P.-T., & Nguyen, T.-L. (2022). Impact of Green Logistics on International Trade: An Empirical Study in Asia–Pacific Economic Cooperation. International Journal of Economics and Financial Issues, 12(4), 97–105. https://doi.org/10.32479/ijefi.13185

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Articles