Logistics on Firm Profitability. A Macroeconomic Approach

A lot of studies have examined only from the microeconomic point of view the usefulness of logistics to firm profitability either theoretically or empirically. In the present paper an effort will be made to examine the usefulness of logistics taking also into account the macroeconomic point of view. A panel data analysis will be applied covering the countries: Austria (2007-2014), Belgium (2007-2014), Cyprus (2007-2013), Denmark (2007-2014), Finland (2007-2014), France (2007-2014), Germany (2007-2014), Greece (2007-2013), Ireland (2007-2013), Italy (2007-2014), Netherlands (2007-2014), Norway (2007-2014), Portugal (2007-2014), Spain (2007-2014), Sweden (2007-2014) and UK (2007-2012)