THE IMPACT OF THE MACROECONOMIC AND FINANCIAL SITUATION ON THE SUSTAINABLE DEVELOPMENT OF THE LOGISTICS SECTOR IN POLAND.

Purpose: The main aim of this paper is to assess the impact of the macroeconomic and financial situation on the sustainable development of the logistics sector in Poland from 2008 to 2020. Design/methodology/approach: We normalize diagnostic variables into synthetic indicators to verify the hypothesis. We use the classical least squares method (OLS) and the seemingly unrelated regression (SUR) method to estimate equations. Findings: The results indicate a positive trend in the sustainable development of the logistics sector in Poland from 2008 to 2020. Moreover, macroeconomic conditions are crucial for sustainable development, and it should be noted that the financial situation impacts the economic and social development of the sector. Research limitations/implications: The availability of data, the choice of normalization method and the choice of estimation method for both the one-equation model and the structural equation model. Practical implications: The research results indicate that managers of entities from the logistics sector should first analyze the macroeconomic situation and consider the financial and property situation of enterprises. Social implications: The social development of the logistics sector is visible, and it is necessary to take further actions to improve working conditions and quality. Originality/value: The novelty in the paper is the creation of models of the impact of macroeconomic conditions and the financial situation on the sustainable development of logistics enterprises. The paper addresses many recipients interested in developing the logistics sector. [ABSTRACT FROM AUTHOR]