REDEFINING TOMORROW: HOW INPUT-OUTPUT TECHNOLOGY IS TRANSFORMING LOGISTICS IN BRAZIL

Authors

  • Julia Santos Department of Economics, University of São Paulo, São Paulo, Brazil

Keywords:

Digital Economy, Logistics Industry, Digital Transformation, Supply Chain Integration, Economic Development.

Abstract

The global digital economy is experiencing rapid growth, reshaping global competition dynamics and prompting governments worldwide to embark on digital transformation initiatives. In 2021, the scale of China's digital economy reached $7.1 trillion, yet it still lags behind the United States, which reached $15.3 trillion during the same year. Recognizing the significance of digitalization, China has incorporated digital development into its 14th Five-Year Plan, harnessing the potential of digital factors as a burgeoning production force. The interplay between digitalization and logistics is central to China's economic landscape. Modern logistics serves as a cornerstone for expanding industrial chains, elevating value chains, and fortifying supply chains. It plays a pivotal role in promoting domestic market circulation, fostering high-quality economic development, and enhancing the socialist market economic system. Driven by policy incentives and market forces, the logistics industry has emerged as a prime domain for the digital transformation of China's industrial economy. This paper, employing an input-output model, scrutinizes the symbiotic relationship between the digital economy and the logistics industry. Its goal is to facilitate the intelligent digitalization of modern logistics, foster seamless integration of information technology with logistics transportation, construct enterprise-centric supply chain logistics and financial systems, augment operational efficiency, bolster core competitiveness, and ensure both qualitative and quantitative advancements in the logistics transportation sector.

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Published

2024-04-30

How to Cite

Santos, J. (2024). REDEFINING TOMORROW: HOW INPUT-OUTPUT TECHNOLOGY IS TRANSFORMING LOGISTICS IN BRAZIL . Contemporary Journal of Management and Economic Research, 11(3), 1–11. Retrieved from https://aydenjournals.com/index.php/CJMER/article/view/462

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Articles