Determinants for the Development of a Logistics Hub

Abstract

The purpose of this study is to explore the concept of a logistics hub, identify key factors and milestones for its development, and give some recommendations and implications to developing countries. For this the countries competing to be Logistics hub in Northeast Asia (NEA), such as South Korea, Japan and China, are taken into consideration. These countries have under its priority policies the development of a logistics hub vision to become the central area of the region achieving microeconomic and macroeconomic prosperity. Based on the review of the relevant literature, five factors came up as key determinants for the development of a hub project: 1. Logistics services support and infrastructure. 2. Business environment. 3. Economic determinants. 4. Political support and 5. Access to international markets. These are going to be analyzed together with its different variables, using statistical methods.