THE RELATIONSHIP BETWEEN THE LOGISTICS PERFORMANCE INDEX ON THE ECONOMY AND TRANSPORTATION SYSTEM OF THAILAND
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Abstract
The objective of this research was to prioritize the projects that affect the future transportation model changes and to study the relationship between the Logistics Performance Index (LPI) with the economy and transportation system of Thailand using the Analytical Hierarchy Process: AHP and Structural Equation Modeling: SEM. The result found that the most important aspects are customs operations and the Eastern Economic corridor: EEC was the first major project affecting the Thai economy. The relationship between Logistics Performance Index on the economy and the transportation system of Thailand found that transportation factors affect the economy of the country less than economic observation variables used in econometric models.
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