Research on the Impact of Standardization on the Economic Growth of China's Logistics Industry

——An Empirical Analysis Based on C-D Production Function and Principal Component Analysis

China Business and Market - - News -

YE Meng and ZHU He-liang

(Capital University of Economics and Business,Beijing100070,China)

Abstract:Logistics industry is the fundamental and strategic industry in our national economy;technology advance is the necessary basis for the development of logistics industry;and the standardization and standardization construction is the important means and necessary condition for us to realize logistic management modernization;it is also the important precondition for the rational and effective operation of logistic activities,and the important guarantee for us to explore the international market and promote the development of international trade. Clarifying the impact of standardization on logistic economic growth will promote the implementation of related standardization in logistic production and operation,and improve the overall level and quality of China’s logistic industry. While the quantitative research on the impact of standardization on logistic economic growth should be based on the reference of domestic and foreign related research method. It is found that:standardization plays the positive role in promoting China’s logistic economic growth,which is much greater than that of patent and labor investment,and lower than that of capital investment. To further enhance the promoting role of logistic standardization on logistic development,we should,first, further strengthen logistic standardization construction,and promote related management system and innovation in related operation mechanism;second,we should do a better job in related formulation and amendment based on the real situation of logistics industry;third,we should strengthen the popularization and implementation;and fourth,we should make positive reflection to the Belt and Road Initiative,and deepen related international communication and cooperation.

Key words:standardization;logistics industry;economic growth;C-D production function;principal component analysis

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