Economic assessment of the level of transaction costs of railway transport enterprises in terms of certification

Abstract

The purpose of this study is economic assessment of the level of transaction costs of railway transport enterprises in the conditions of certification. Based on the results of the analysis of the main provisions of the new institutional economic theory, a number of methodological approaches to the economic assessment of the level of transaction costs of railway transport enterprises in the conditions of the certification procedure are proposed. Due to the fact that the transaction sector occupies a significant place in the state economy, the study of methods for assessing the level of transaction costs of economic subjects plays a significant role in the development of the transport services market conditions. The obtained research results generally confirm the possibility of developing certain provisions of the economic theory of transport as a result of considering the provisions of the theory of transaction costs in relation to the sphere of railway transport. The proposed methodological approaches to assessing the level of transaction costs can increase the level of reliability of cost calculations of participants in the transport services market that accompany the certification procedure for railway transport.