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

Kavtaradze Medea () and Bejanidze Natia ()
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Kavtaradze Medea: Batumi State Maritime Academy
Bejanidze Natia: Batumi State Maritime Academy

Ovidius University Annals, Economic Sciences Series, 2017, vol. XVII, issue 1, 93-98

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.

Keywords: Transit potential; transport infrastructure; an added value (search for similar items in EconPapers)
JEL-codes: F61 F63 H54 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xvii:y:2017:i:1:p:93-98

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