Greener Journal of Business and Management Studies Vol. 4 (2), pp. 045-051, May 2014
ISSN: 2276-7827 © 2014 Greener Journals
Manuscript Number: 042214196
Influence of International Trade Flows on International Trade in Logistic Services in Macedonia
Aleksandar Trajkov (PhD)*, Jovanka Biljan (PhD)
University “St. Kliment Ohridski” Bitola, Department of Customs and Freight Forwarding Ohrid, Kej Marsal Tito,
*Corresponding Author’s Email: aleksandar. ftu @ gmail .com, jovankabiljan @ yahoo .com,
Tel: +389 46 262 147 ext.135
Analyzing relations between international trade of goods and international trade in logistic services has always been a challenge for researchers. Most of the studies point their focus on the impact of logistic services on international trade flows as these services are considered as an important factor for international competitiveness improvement of an economy. It must be kept in mind that there is a mutual interaction between international trade and logistic sector development. Volume and intensity of international trade of goods also has an impact on international trade in logistic services. Therefore, this paper aims to determine and to measure the effect that international trade of goods in Republic of Macedonia has on the international trade in logistic services. For that purpose, key indicators for international trade value and dynamics were calculated as well as the effects of an explanatory variable on the response variable were determined with correlation and regression analysis of selected data.
Keywords: International trade flow, Logistic services, Macedonia, regression.