Using an Econometric Model in the Analysis of the Relationship of Ukrainian and World Transport Systems (by Example of Rail Transport)
Journal Title: Бізнес Інформ - Year 2014, Vol 12, Issue 0
Abstract
Evaluation of the interaction between Ukrainian and global transport systems is based on a number of general scientific methods, among which the special role is played by the method of economic and mathematical modeling. To meet the target goal of the study, a defined algorithm of actions has been proposed, which consists of three stages: preparation of input data, the multi-factor linear regression, the forecasting effort. To build the econometric model, the following seven variables was chosen: export of rail services; import of rail services; investments in fixed capital of the railway; the average distance of carriage of goods; the average speed for the carriage of goods; the average weight of goods; the profitability of the railway. On the basis of the model used in the study the mutual dependence of imports and exports of rail services was confirmed; it was found that the main technical component of the Ukrainian railways is the speed of the freight wagons in Ukraine, by which the importance of technical modernization of the railway transport is underscored.
Authors and Affiliations
Katerina Ostapchuk
Keywords
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