Managing a transport company to enter new markets: case of Kazakhstani transportation industry

2024

Closed access Metadata (CSL-JSON)
DOI 10.31489/2024ec4/27-36
Data confidence 70 medium
How this score is calculated

It is built from checkable properties of the record itself: whether the article has a DOI, how many independent sources confirmed its data, whether the required fields are filled in, and how recent the latest confirmation is. Disagreement between sources and a missing identifier lower it. A value of 80 or above means the record was published without further checking; 60 to 79 means it is published at reduced confidence, with a manual check advisable. A record verified by an editor by hand is never pushed below 90 by a recalculation. This scores our data about the article, not the article itself.

Abstract

Object: The purpose of this study is to examine the efficiency management of transport companies in the Republic of Kazakhstan by analyzing key factors such as oil prices, passenger turnover, exchange rates, GDP, investments and export trends. Methods: Quantitative analysis is used using data from 2014 to 2023 to evaluate the effect of these parameters on the volume index (PVI) of the transport industry. Multiple linear regression modeling is performed to analyze the relationships between variables and the PMI index. Findings: Regression analysis shows a considerable positive relationship between oil prices and the PVI index, which indicates the impact of fluctuations in oil prices on the performance of the transport sector. In addition, passenger turnover demonstrates a significant negative relationship with the PVI index, which highlights potential problems in optimizing passenger transportation systems. However, variables such as exchange rates, GDP, investments, and export trends did not show statistical significance in the regression model. Conclusions: Efficient management of transportation companies in Kazakhstan needs to take into account various internal and external factors. Strategies to address the effects of oil price fluctuations, optimize passenger transportation systems, manage currency risks, exploit economic growth opportunities and explore export potential are essential to increase productivity and ensure the sustainability of the transport sector.