Abstract

The article considers the forming resource elements of financial support of passenger transportation in the regional road transport system of the state, taking into account the impact on their structure of interdependent basic parameters of financial flows of public-private partnership. A methodological approach to assessing the formative resource elements of financial support for passenger transport in the region, which is based on the concept of developing the financial potential of the road transport industry, which determines the interaction of various factors under the general financial mechanism and aims at ensuring target parameters of profitable activities is developed. The mechanism of redistribution of own and credit resources between separate objects of the regional road transport system is substantiated, as it is a vector of integration direction of movement of the financial streams arising between the road transport enterprises in the sphere of passenger transportations. Changes in the basic parameters of financial flows of road transport enterprises in the cycle of financial support of passenger traffic in the region have been formalized. The analysis of the species structure of the road transport system and the volume of passenger turnover of Ukraine is carried out. The conditions of redistribution of financial resources by the State Road Fund of Ukraine between the regions and the share of implemented public-private partnership projects in the field of road transport of the country are determined. The scenario of the optimal market value of road transport enterprises in the cycle of financial support of passenger transport of the region is offered.

Highlights

  • The completeness of the growth rate of the country's financial potential is due to the development of transport infrastructure, the effectiveness of which depends on the successful functioning of the financial system of the regions, which, in turn, is closely linked to the management of financial resources of passenger transport companies

  • Signs of unstable development of the transport system in the field of passenger transport are caused by the problems related to the lack of: an effective mechanism for investing in technical re-equipment and modernization of vehicles and the gradual closure of unprofitable but socially necessary bus routes; the state system of compensation to carriers for expenses related to the transportation of privileged categories of passengers; a harmonized system of legal acts and a financial mechanism adapted to modern conditions

  • The methodological approach to assessing the formative resource elements of financial support for passenger transport in the region is based on the concept of developing the financial potential of the transport industry, which determines the interaction of various factors subordinated to the general financial mechanism and aimed at ensuring target parameters of profitable activities [27; 28]

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Summary

Introduction

The completeness of the growth rate of the country's financial potential is due to the development of transport infrastructure, the effectiveness of which depends on the successful functioning of the financial system of the regions, which, in turn, is closely linked to the management of financial resources of passenger transport companies. The inefficiency of the latter is largely a prerequisite for unstable financial security of the regions of Ukraine. The development of public passenger transport in developing regions is due to: large unregulated sector of illegal transportation, inadequate quality and safety of transportation, social protection of staff, low availability of transport infrastructure in rural areas, for people with disabilities and limited mobility, inefficient toll collection system and significant shadow cash flow, significant financial burden on transport companies associated with the implementation of socially significant transportation, low level of funding for new transport technologies

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