IDEAS home Printed from https://ideas.repec.org/a/prg/jnlcbr/v2023y2023i1id312p115-132.html
   My bibliography  Save this article

Optimization of the Export Structure in Transport Companies: A Case Study

Author

Listed:
  • Nestor Shpak
  • Zoriana Dvulit
  • Liana Maznyk
  • Włodzimierz Sroka&#
  • Andrij Zaverbnyj
  • Olha Levchenko

Abstract

With the increasing complexity of economic systems caused by the intensification of European integration processes and the general globalisation trend, the problems of ensuring the optimal operation of transport companies are becoming especially important. Given these facts, the article's purpose is to develop and test a structural modelling algorithm based on the system state indicator (entropy of the structure of the export freight system). Research methods used in the article include: statistical (structure and dynamics analysis), systematisation and comparison, system analysis methods (entropy characteristics), and mathematical programming methods. The mathematical formulation of problems involves studying structural uncertainty due to the synergistic influence of interconnected structures. As a result of the optimisation calculations, the entropy index decreased as a consequence of the optimisation of the studied structures of export cargo. The study results using structural-dynamic modelling provide an opportunity to determine benchmarks for optimising the structure of export transportation. Therefore, they can act as indicators in the relevant field to substantiate the performance of large transport and logistics companies. The use of such approaches will help improve cooperation on a shared basis between Ukraine and the countries of Central Europe.Implications for Central European audience: first of all, the algorithm of structural modelling containing stages is offered (structural-dynamic analysis; systematisation of the reasons that led to structural changes; mathematical formulation of the optimisation problem; numerical solution of the problem; interpretation of results and development of recommendations) as the theoretical contribution. Moreover, it has prospects for implementation by European transport companies, as the strategic partners of Ukraine in the field of rail freight are the Central Europe countries. In turn, practical implications include: to test the proposed model, the process of forming the structure of export freight JSC "Ukrzaliznytsia" as a partner of big Central European export companies was chosen as the object of study.

Suggested Citation

  • Nestor Shpak & Zoriana Dvulit & Liana Maznyk & Włodzimierz Sroka&# & Andrij Zaverbnyj & Olha Levchenko, 2023. "Optimization of the Export Structure in Transport Companies: A Case Study," Central European Business Review, Prague University of Economics and Business, vol. 2023(1), pages 115-132.
  • Handle: RePEc:prg:jnlcbr:v:2023:y:2023:i:1:id:312:p:115-132
    DOI: 10.18267/j.cebr.312
    as

    Download full text from publisher

    File URL: http://cebr.vse.cz/doi/10.18267/j.cebr.312.html
    Download Restriction: free of charge

    File URL: http://cebr.vse.cz/doi/10.18267/j.cebr.312.pdf
    Download Restriction: free of charge

    File URL: https://libkey.io/10.18267/j.cebr.312?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Zoriana Dvulit & Olha Levchenko, 2017. "Advanced Vocational Training Of Environmental Professionals For Providing Sustainable Development Of Railways Of Ukraine On The Way To European Integration," Baltic Journal of Economic Studies, Publishing house "Baltija Publishing", vol. 3(5).
    2. Stanislav Richter, 2015. "Export Promotion Framework of the Czech Republic," Central European Business Review, Prague University of Economics and Business, vol. 2015(1), pages 37-49.
    3. Pavol KRAL & Katarina JANOSKOVA & Tomas KLIESTIK, 2018. "Key Determinants Of The Public Transport User’S Satisfaction," REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC, Faculty of Administration and Public Management, Academy of Economic Studies, Bucharest, Romania, vol. 2018(31), pages 36-51, December.
    4. Aleksandr Kljuènikov & Mehmet Civelek & Cyril Klimeš & Radim Farana, 2022. "Export risk perceptions of SMEs in selected Visegrad countries," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 17(1), pages 173-190, March.
    5. Ioana Andrada Moldovan (Gavril), 2015. "Does the Financial System Promote Sustainable Development? Evidence from Eastern European Countries," Central European Business Review, Prague University of Economics and Business, vol. 2015(2), pages 40-47.
    6. Pradhan, Rudra P. & Bagchi, Tapan P., 2013. "Effect of transportation infrastructure on economic growth in India: The VECM approach," Research in Transportation Economics, Elsevier, vol. 38(1), pages 139-148.
    7. Mamadou Bah & Henri Atangana Ondoa & Koffi Délali Kpognon, 2021. "Effects of governance quality on exports in Sub-Saharan Africa," International Economics, CEPII research center, issue 167, pages 1-14.
    8. Fernandes, Ana P. & Winters, L. Alan, 2021. "Exporters and shocks: The impact of the Brexit vote shock on bilateral exports to the UK," Journal of International Economics, Elsevier, vol. 131(C).
    9. Elena Horska & Serhiy Moroz & Zuzana Polakova & Ludmila Nagyova & Ihor Paska, 2019. "Evaluation of interaction between chosen indicators of development of regions in Ukraine," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 14(2), pages 341-357, June.
    10. Junjie Hong & Zhaofang Chu & Qiang Wang, 2011. "Transport infrastructure and regional economic growth: evidence from China," Transportation, Springer, vol. 38(5), pages 737-752, September.
    11. Iwona Szczepaniak, 2018. "Comparative advantages in Polish export to the European Union — food products vs selected groups of non-food products," Oeconomia Copernicana, Institute of Economic Research, vol. 9(2), pages 287-308, June.
    12. Haibo Zhou & Hanhui Hu, 2017. "Sustainability Evaluation of Railways in China Using a Two-Stage Network DEA Model with Undesirable Outputs and Shared Resources," Sustainability, MDPI, vol. 9(1), pages 1-23, January.
    13. Armenia ANDRONICEANU, 2021. "Transparency In Public Administration As A Challenge For A Good Democratic Governance," REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC, Faculty of Administration and Public Management, Academy of Economic Studies, Bucharest, Romania, vol. 2021(36), pages 149-164, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Qipeng Sun & Xiu Wang & Fei Ma & Yanhu Han & Qianqian Cheng, 2019. "Synergetic Effect and Spatial-Temporal Evolution of Railway Transportation in Sustainable Development of Trade: An Empirical Study Based on the Belt and Road," Sustainability, MDPI, vol. 11(6), pages 1-22, March.
    2. Jiangjun Wan & Chunchi Ma & Tian Jiang & Andrew Phillips & Xiong Wu & Yanlan Wang & Ziming Wang & Ying Cao, 2024. "A spatial econometric investigation into road traffic accessibility and economic growth: insights from the Chengdu-Chongqing twin-city economic circle," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-9, December.
    3. Noman Arshed & Muhammad Shahid Hassan & Muhammad Umair Khan & Arslan Arif Uppal, 2022. "Moderating Effects of Logistics Infrastructure Development and Real Sector Productivity: A Case of Pakistan," Global Business Review, International Management Institute, vol. 23(3), pages 676-693, June.
    4. Zhang, Yijia & Cheng, Lu, 2023. "The role of transport infrastructure in economic growth: Empirical evidence in the UK," Transport Policy, Elsevier, vol. 133(C), pages 223-233.
    5. Magazzino, Cosimo & Giolli, Lorenzo, 2021. "The relationship among railway networks, energy consumption, and real added value in Italy. Evidence form ARDL and Wavelet analysis," Research in Transportation Economics, Elsevier, vol. 90(C).
    6. Jiang, Yonglei & Timmermans, Harry J.P. & Yu, Bin, 2018. "Relocation of manufacturing industry from the perspective of transport accessibility – An application of percolation theory," Transport Policy, Elsevier, vol. 63(C), pages 10-29.
    7. Ştefan Cristian Gherghina & Mihaela Onofrei & Georgeta Vintilă & Daniel Ştefan Armeanu, 2018. "Empirical Evidence from EU-28 Countries on Resilient Transport Infrastructure Systems and Sustainable Economic Growth," Sustainability, MDPI, vol. 10(8), pages 1-34, August.
    8. Pradhan, Rudra P., 2019. "Investigating the causal relationship between transportation infrastructure, financial penetration and economic growth in G-20 countries," Research in Transportation Economics, Elsevier, vol. 78(C).
    9. Firas Gerges & Hani Nassif & Xiaolong Geng & Holly A. Michael & Michel C. Boufadel, 2022. "GIS-based approach for evaluating a community intrinsic resilience index," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 111(2), pages 1271-1299, March.
    10. A S M Abdul Quium, 2019. "Transport Corridors for Wider Socio–Economic Development," Sustainability, MDPI, vol. 11(19), pages 1-23, September.
    11. Alam, Khalid Mehmood & Li, Xuemei & Baig, Saranjam & Ghanem, Osman & Hanif, Salman, 2021. "Causality between transportation infrastructure and economic development in Pakistan: An ARDL analysis," Research in Transportation Economics, Elsevier, vol. 88(C).
    12. Ahmed, Khalid & Bhattacharya, Mita & Qazi, Ahmer Qasim & Ghumro, Niaz Ahmed, 2021. "Transport infrastructure and industrial output in Pakistan: An empirical investigation," Research in Transportation Economics, Elsevier, vol. 90(C).
    13. Sun, Yu & Cui, Yin, 2018. "Evaluating the coordinated development of economic, social and environmental benefits of urban public transportation infrastructure: Case study of four Chinese autonomous municipalities," Transport Policy, Elsevier, vol. 66(C), pages 116-126.
    14. Qi, Guanqiu & Shi, Wenming & Lin, Kun-Chin & Yuen, Kum Fai & Xiao, Yi, 2020. "Spatial spillover effects of logistics infrastructure on regional development: Evidence from China," Transportation Research Part A: Policy and Practice, Elsevier, vol. 135(C), pages 96-114.
    15. Tong, Tingting & Yu, T. Edward, 2018. "Transportation and economic growth in China: A heterogeneous panel cointegration and causality analysis," Journal of Transport Geography, Elsevier, vol. 73(C), pages 120-130.
    16. Elena Cigu & Daniela Tatiana Agheorghiesei & Anca Florentina Gavriluță (Vatamanu) & Elena Toader, 2018. "Transport Infrastructure Development, Public Performance and Long-Run Economic Growth: A Case Study for the Eu-28 Countries," Sustainability, MDPI, vol. 11(1), pages 1-22, December.
    17. Wang, Ling & Wang, Ke & Zhang, Jianjun & Zhang, Di & Wu, Xia & Zhang, Lijun, 2020. "Multiple objective-oriented land supply for sustainable transportation: A perspective from industrial dependence, dominance and restrictions of 127 cities in the Yangtze River Economic Belt of China," Land Use Policy, Elsevier, vol. 99(C).
    18. Park, Jin Suk & Seo, Young-Joon & Ha, Min-Ho, 2019. "The role of maritime, land, and air transportation in economic growth: Panel evidence from OECD and non-OECD countries," Research in Transportation Economics, Elsevier, vol. 78(C).
    19. Yuee Gao & Xin Zou & Rujia Chen & Yanli Ma & Chengjiang Li & Yaping Zhang, 2020. "Freight Mode Coordination in China: From the Perspective of Regional Differences," Sustainability, MDPI, vol. 12(7), pages 1-24, April.
    20. Anyu Chen & Yueran Li & Kunhui Ye & Tianyi Nie & Rui Liu, 2021. "Does Transport Infrastructure Inequality Matter for Economic Growth? Evidence from China," Land, MDPI, vol. 10(8), pages 1-21, August.

    More about this item

    Keywords

    entropy; export; freight transportation; optimization; modeling; structure; system;
    All these keywords.

    JEL classification:

    • C50 - Mathematical and Quantitative Methods - - Econometric Modeling - - - General
    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
    • L92 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Railroads and Other Surface Transportation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prg:jnlcbr:v:2023:y:2023:i:1:id:312:p:115-132. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Stanislav Vojir (email available below). General contact details of provider: https://edirc.repec.org/data/uevsecz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.