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Role of Engineering Technology on Logistic Performance in Promoting Economic Growth in Asian Countries

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Industry Forward and Technology Transformation in Business and Entrepreneurship (InCEBT 2022)

Abstract

Engineering technology and logistic performance become key elements of sustainable long-run economic growth and have been explained in endogenous growth theory as a proxy of physical capital. The analysis draws engineering technology and logistic performance data for ten countries. The estimation data is from 2008 to 2020. The empirical analysis involved the estimation of the cointegration test, Dynamic Ordinary Least Square (OLS), and long-run estimation coefficient. The finding showed that the spillover effects of engineering technology indicated the highest effect on long-run economic growth, but the effect of logistic performance could not be denied due to a positive and significant coefficient. Thus, government and policymakers should play a significant role in shaping engineering technology to sustain economic growth.

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Correspondence to Nur Naddia Nordin .

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Nordin, N.N., Nordin, N.H., Nordin, N.I.A., Nordin, N.F., Zainudin, N. (2023). Role of Engineering Technology on Logistic Performance in Promoting Economic Growth in Asian Countries. In: Yusoff, M.N.H. (eds) Industry Forward and Technology Transformation in Business and Entrepreneurship. InCEBT 2022. Springer, Singapore. https://doi.org/10.1007/978-981-99-2337-3_56

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