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Prospects of Development of the Transit Function of Georgia under the Conditions of Globalization

Author

Listed:
  • Kavtaradze Medea

    (Batumi State Maritime Academy)

  • Bejanidze Natia

    (Batumi State Maritime Academy)

Abstract

The purpose of our research is to analyze the effectiveness of transit potential of Georgia forthe sustainable development of the country's economy in terms of globalization and to evaluate therole of transport infrastructure in the field of transport. The object of the research is a transitfunction, transport infrastructure and an added value in transport system. The main method of theresearch is correlation-regressive analysis, assessment of value added in transport system and itsshare determining in GDP. The conclusion of the research indicates that the development of thetransport industry will cause synergistic effect to accelerate development of other prospectivesectors.

Suggested Citation

  • Kavtaradze Medea & Bejanidze Natia, 2017. "Prospects of Development of the Transit Function of Georgia under the Conditions of Globalization," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 93-98, June.
    • Handle: RePEc:ovi:oviste:v:xvii:y:2017:i:1:p:93-98
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    More about this item

    Keywords

    Transit potential; transport infrastructure; an added value;
    All these keywords.

    JEL classification:

    • F61 - International Economics - - Economic Impacts of Globalization - - - Microeconomic Impacts
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures

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