Abstract

The transport sector’s economic sustainability is an important factor in economic development, trade, quality, and safe transportation of goods and passengers, and regional and international integration. The tools of the transport sector’s strategic management should be based on assessing its current economic stability. Applying statistical and regression analysis of Ukraine and Poland’s transport sector, an approach to assessing the level of economic stability is formulated based on a system of integrated indicators of elementary, general, and specific stability. The integrated indicator of elementary economic stability considers the dynamics of the number of economic entities in the industry and their profitability. In Ukraine in 2018, this figure is –0.042, in Poland – 3.37. The integrated indicator of overall economic stability considers the number of employees in the industry, the gross domestic product created by enterprises in the industry, and the number of enterprises. In Ukraine, it is equal to –0.049, in Poland – 3.71. The integrated indicator of the transport sector’s specific economic stability takes into account the volume of passengers, freight, and cargo handling, and in Ukraine, it is –0.040, in Poland – 3.38.

Highlights

  • The transport industry is a significant factor in the development of both the economy of individual regions and the country as a whole, as well as interstate entities

  • Regarding the trans- The indicator of the industry’s general economic port sector in Poland, on the contrary, there sustainability takes into account the dynamics of are positive trends that affect the strengthening of GDP and the number of employees in transport its economic sustainability

  • Taking into account the assessment of partnership, technology upgrading, and control of the state of economic sustainability in Table 2, it the activities of major infrastructure enterprises, should be noted that the economic sustainability to bring them to a profitable level of management, of the transport industry of Ukraine in 2013–2018 can form the basis of the strategy of ensuring the ranges from an unstable state to a state of low sta- economic sustainability of the transport sector

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Summary

INTRODUCTION

The transport industry is a significant factor in the development of both the economy of individual regions and the country as a whole, as well as interstate entities. The development of all sectors of the economy depends on its efficient and sustainable work, as it is a means of communication between commodity producers and consumers in the domestic and foreign markets. Its economic stability is the object of national and international security and should be permanently under the strict control of state authorities, one of the important stages is the assessment and monitoring of its current state. Strategic management of the transport industry’s innovation development should be based on a defined assessment system that will allow monitoring the current state of the industry and tracking changes in its economic sustainability as a result of management decisions

LITERATURE REVIEW
AIMS
METHODS
RESULTS
The total profitability of all transport enterprises
DISCUSSION
Findings
CONCLUSION
Full Text
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