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The aggregate analysis of logistics cost and total factor productivity

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dc.contributor.advisor James Masters. en_US Rasamit, Thanattaporn, 1978- en_US
dc.contributor.other Massachusetts Institute of Technology. Engineering Systems Division. en_US 2005-09-27T17:07:07Z 2005-09-27T17:07:07Z 2003 en_US 2003 en_US
dc.description Thesis (M. Eng. in Logistics)--Massachusetts Institute of Technology, Engineering Systems Division, 2003. en_US
dc.description Includes bibliographical references (p. 45-46). en_US
dc.description.abstract The study surveys the relationship of logistics cost and total factor productivity (TFP). The paper discusses the theoretical aspect of TFP growth estimation and the concept of logistics cost as percentage of GDP as the factor indicating efficiency in logistics operations. Calculation of TFP from 1960-2001 is obtained by using growth accounting method. Linear regression analysis between logistics cost and TFP shows significant correlations with negative coefficient between TFP and inventory level of the same year. It also shows correlation with negative coefficient of one-year lagged TFP and following independent variables, logistics cost, inventory level, inventory carrying rate, and inventory carrying cost. Correlation implies the link between logistics efficiency and economy's productivity. Line fit plot for each significant correlation show the common time period of 1973-1986 for the series, which suggests that periods of recession and trucking deregulation might cause abrupt qualitative changes in logistics operations. en_US
dc.description.statementofresponsibility by Thanattaporn Rasamit. en_US
dc.format.extent 46 p. en_US
dc.format.extent 1869369 bytes
dc.format.extent 1872633 bytes
dc.format.mimetype application/pdf
dc.format.mimetype application/pdf
dc.language.iso en_US
dc.publisher Massachusetts Institute of Technology en_US
dc.rights M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. en_US
dc.subject Engineering Systems Division. en_US
dc.title The aggregate analysis of logistics cost and total factor productivity en_US
dc.type Thesis en_US Logistics en_US
dc.contributor.department Massachusetts Institute of Technology. Engineering Systems Division. en_US
dc.identifier.oclc 57468268 en_US

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