QUANTIFIERS OF LOGISTICS SERVICE DEMANDS: A TIME SERIES ANALYSIS FOR TURKEY LOGISTICS SECTOR
Keywords:
Logistics Sector, Logistics Services, Turkey Economy, Time SeriesAbstract
Logistics sector is one of the fastest growing, attracting investment and internalizing technology sectors both in world and Turkey. Therefore, many studies have been done on logistics sector. In the present study, the sources of demand for logistics services produced is investigated in Turkey. As a result of the estimation, contrary to what is expected or known, it could not be statistically verified that the manufacturing industry creates a demand for logistics services. The result shows that the Turkish manufacturing industry is not the primary customer of the Turkish logistics industry. On the other hand, surprisingly, it has been determined that the wholesale and retail sector negatively affects the services produced in the Turkish logistics sector. In addition, it has been observed that the Turkish logistics sector benefits from the freight mobility in import transections, while exports have a negative effect on the services produced in the Turkish logistics sector. The negative impact of exports on the services provided in the Turkish logistics sector may cause the international competitiveness of the Turkish logistics industry to be questioned.These results show that understanding the overall structure of Turkey logistics sector, determination of basic dynamic the sector and search for a particular connection between the logistics sector and other sectors should be investigated.