Abstract
This article is devoted to an efficiency measurement of the maritime industry presented through the joint value of industry stakeholders. A list of factors contributing to the efficiency of the state maritime policy and factors in the development of the maritime industry were defined and separated into four groups: group 1 (infrastructural factors): Renewal of port infrastructure; coastal infrastructure of sea stations; ecological and physical safety; and convenience in reaching the port of departure of a cruise ship; group 2 (management factors): The effectiveness of management mechanisms; the level of automatization and effective communications technologies; the coordination of various types of transport; and the efficiency of port services; group 3 (marketing factors): Tariff policies (tariff amounts, number of port fees, flexibility of the price policy); and competition in the ports; group 4 (service factors): Attractiveness of logistics conditions; the development of international tourism; the development of sea leisure; the development of merchant shipping, shipbuilding, ship repair, and instrument making in the port; and the simplification of port entry procedures. The joint value was considered to be a category at both a macroeconomic and microeconomic level, and it was combined with a multivariate regression model performed on the basis of the statistical analysis and data processing system Statistica 8.0. The complex combination of the results of the multifactorial linear model of the joint value created in the maritime industry led to the conclusion that the best alternative to the development of the port industry in Ukraine is the scenario of state modernization and corporatization in the port business model.
Highlights
Thanks to favorable market conditions, the maritime industry development forecast according to the World Maritime Review 2018 (World Maritime Review 2018) is enthusiastic and optimistic
Where yt is the joint value created in the port maritime industry; b0 is an unknown parameter that reflects the influence of exogenous macrofactors; b1, b2, . . . , bm are unknown parameters reflecting the influence of endogenous microenvironment factors; x1t, x2t, x3t, . . . , xmt are independent variables in thousands of UAH; εt is a random component; and n is the number of observations
It has been established that the development the maritime business model at the macroeconomic level in state maritime policy has the following sequence: The desire to participate in global value added chains, which is ensured by the production of high-tech products in the areas of port processing and the provision of high-tech services with high added value; the introduction of complex measures of protectionism and free trade and dependence on the availability of national competitive advantages of the marine port industry for influencing the infrastructure, superstructure, and economic structure of the state maritime policy of Ukraine; and the creation of business models of seaports by basic types (creator, distributor, owner, broker) and depending on port type
Summary
Thanks to favorable market conditions, the maritime industry development forecast according to the World Maritime Review 2018 (World Maritime Review 2018) is enthusiastic and optimistic. While domestic economies are more and more demanding of international products and export impacts. This industry is so very attractive for different role players, such as transport and logistics, crewing companies, marine ports, exporters, and importers, that the issue of its measurement is debatable and has a lot of distinctive ways of implementation. A new approach to evaluating the effect created by the maritime sector is described. The relevant effect of different stakeholders is united to check the synergy. The joint value created by the seaport takes into account the fact that as a result of the activity of each entity, there should be a maximization of utility in all stakeholders effectively performing
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