Research on Coordinated Development of Shenzhen Port Logistics and Hinterland Economy

Abstract

As the main channel of global cargo transportation, the coordinated development of the logistics and hinterland economy of coastal ports is of great significance to promote the sustainable development of countries (regions). The improvement in port logistics’ performance lays the foundation for the smooth transportation of goods. The improvement in coastal port infrastructure facilities will also effectively reduce the resource loss and carbon emissions generated in the process of cargo handling and turnover. Aiming at researching the coordinated development of coastal port logistics and the hinterland economy, this paper constructs the index system of Shenzhen port logistics and Shenzhen’s economic development, selects the relevant data from 1996 to 2020, uses the grey correlation model to analyze the internal correlation between Shenzhen port logistics and Shenzhen’s economic development, constructs the system order degree model and the coupling coordination model, explores their coordinated development degree and collaborative trend, and further selects the Johansen cointegration test and Granger causality test to verify the development relationship between the two, and puts forward relevant suggestions to promote the sustainable development of port logistics and the hinterland economy. The empirical results show that there is a high correlation between Shenzhen port logistics and Shenzhen’s economic development, the degree of coordinated development is increasing year by year, and there is a long-term equilibrium relationship between the two, which has the characteristics of mutual promotion.