The impact of green logistics-based activities on the sustainable monetary expansion indicators of Oman
Abstract: The purpose of this
study is to examine green logistic activities by three axes (financial
economic, social and environment activities) and how these activities affect on
sustainable monetary expansion indicators as an evidence of Sultanate of Oman.
Design/methodology/approach: This study began by definition elements of
logistic green and how evolution of this concept in recent years. This concept
analyzed after survey of previous studies on green logistic. The independent
variables of green logistic are includes
of three components of financial economic , social and environment and applies
these components to clarify the impact on expansionary monetary policy
indicators ( broad , narrow and reserve money ) as a important signals in determining a country's economy. This
study used data published in statistical annual report of central bank of Oman
as representative of country economic of sultanate of Oman from the period 2008
to 2015.
Findings: The results found two variables of government support to
electricity sector (GSE) and subsidy on soft loans to private sector and
housing (SSLPH) based on environment activities are statistical significant 1%
and 5%. Only one variable of transport and communication (TC) in financial
economic activates is statistical significant at 1% and 5% , but all variables
community, social and personal (CSP) , cultural and religious affairs (CRA) and
social security and welfare (SSW) in social activities are statistical
significant at 1% 5% and 10% , finally , also the multiple regression test run
of all variables of green logistics activities and each monetary expansion
indicators and found there are a statistical significant at 1% and 5%, .The
study recommends that should be attention with financial economic activities as
a quantitative standard contributes to build the green logistic by diagnosed
the priorities and existing economic and financial system that contributes
of sustainable development system in the
country's economy also activating the industrial sectors by reducing operating
costs and improving the quality of service provided to customers as an
indicator of social activities to building green logistic and increase
corporate awareness about an environmental variables and behavior of consumers
to establish financial and economic system based on green logistical concept.
Research limitations The available data in statistical annual report of
Oman is limited, which limited of the period and all variables of the study.
Practical implications: The management of firms should be adopting of
green logistic operations by comparing the results of these concepts with
competitors in the market for concentrated position of these firms in the
market. Also this concept of green logistic helps firms to build an
intellectual model that’s contributes to enhance the value-added. The results
of this study enhance the stability of monastery policy indicators that’s
reflecting of growth economic.
Social implications: Green logistic is presenting a behavior role on the
firm’s and country performance and determines the trends and attitudes of
future growth of firms especially in environment indicator.
Originality/value: This study aims to analysis the green logistic in the
financial economic, social and environment that’s reflect more variations
especially as they affected by changes of global markets, particularly with
respect to the oil price, which is the main source of revenue for the Sultanate
of Oman as the green logistic is one of the modern concepts is influencing the
construction of corporate strategies to build economic plans of the country.
Also this study has supplied researcher's conceptual framework to explain the
green logistic in preparation for many future studies to examine the elements
of green logistic.
Author: Faris Alshubiri
Journal Code: jptindustrigg170012
