Research Article

Impact of Logistics Development on Economic Growth: An Empirical Research from Guangdong Province in China

Table 2

Variable description.

VariableFactorSymbolDefinitionUnit

Explained variableLevel of economic developmentpgdpPer capita GDPYuan
Core explanatory variableComprehensive development level of the logistics industrydlOverall entropy of the logistics industryā€”
Labor inputlabTotal number of employees in three major industriesMillion
Control variableGovernment functiongovProportion of investment in science, technology, and education with respect to government public expenditures%
Capital inputcapProportion of fixed investment with respect to GDP%
Degree of opening to the outsideopenProportion of imports and exports with respect to GDP%
UrbanizationurbProportion of urban population with respect to total population%