Efficiency analysis of the innovation-driven sustainable logistics industry
Year: 2024
Type: article
Abstract: The logistics industry is at the heart of socio-economic development. Disruption in the logistics and supply chain industry grounded many sectors to a halt at the height of COVID-19 with economic and environmental implications. This study examines the efficiency and interconnections among innovation, energy, infrastructure, and logistics performance as the logistics industry strives to attain a green supply chain while maintaining economic growth and environmental sustainability. To capture these relationships, a network data envelopment analysis model is designed for efficiency analysis. 36 % of the evaluated countries had below-average efficiency. Results also indicate innovation and energy sustainability as drivers of efficiency and sustainability in the logistics industry. This implies the need for innovation in logistics energy infrastructure by decarbonizing the logistics industry. Regional and national partnerships in the technological development of green energy to power the logistics industry are recommended.
Source: Socio-Economic Planning Sciences
Language: English
Field: Decision Sciences
Domain: Social Sciences
Open Access status: hybrid
Estimated APC paid: $3,020
OpenAlex ID: W4402083032
