Finansal Gelişmişlik ve Lojistik Performans Arasındaki Bağlantının Boyutu

Teorik çalışmalar finansal gelişmişlik ve lojistik performans arasında pozitif bir ilişki olduğunu öne sürse de bu ilişkiyi ve ilişkinin boyutunu inceleyen ampirik çalışmalar oldukça sınırlıdır. Söz konusu boşluğu doldurmak maksadıyla, ülkelerin yönetim kalitesi ve küresel rekabet gücü değişkenleri de modele eklenerek finansal gelişmişlik ve lojistik performans arasındaki ilişki test edilmiştir. Böylece PLS-SEM yöntemiyle, ülkelerin yönetim kalitesinin ve finansal gelişmişliğin, yüksek lojistik performansa ve devamında daha iyi küresel rekabet gücüne neden olup olmadığı eş zamanlı olarak test edilmiştir. Sonuçlar teorik varsayımları güçlü bir şekilde desteklemektedir. Finansal gelişmedeki bir birimlik artışın lojistik performansda 0,517 birimlik bir artış sağladığı görülmüştür. Ayrıca analiz sonuçları lojistik performansının küresel rekabet gücü üzerinde, yönetim kalitesi ve finansal gelişmişlik değişkenlerine oranla daha büyük doğrudan etkiye sahip olduğunu göstermektedir. Anahtar Kelimeler: Finansal gelişmişlik, lojistik performans, yönetim kalitesi, rekabet gücü. JEL Sınıflandırması: G20, O47

The Strength of the Association Between Financial Development and Logistics Performance

Academic studies assume a positive association between development of finance and logistics performance, however, few empirical studies examine the relevance and strength of this relationship. To cover this gap, this paper tests the association between development of finance and logistics performance incorporating the countries’ governance quality and global competitiveness variables into the model. We use the PLS-SEM method to concurrently examine whether the countries’ good governance and financial sophistication spur superior logistics performance, which stimulates better global competitiveness for the countries. The results strongly support the conceptual assumptions. Notably, one unit increase in development of finance leads 0,517 unit increase in logistics performance. It is also shown that logistics performance has the greatest direct impact on global competitiveness compared to governance quality and financial development. Key Words: Financial development, financial sophistication, logistics performance, good governance, competitiveness. JEL Classification: G20, O47

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