THE IMPACT OF HUMAN CAPITAL ON THE PROFITABILITY OF WATER TRANSPORT ENTERPRISES IN UKRAINE

Authors

  • Svitlana Ilchenko State Institution «Institute of Market and Economic&Ecological Research of the National Academy of Sciences of Ukraine»
  • Vadym Gryshchenko State Institution «Institute of Market and Economic&Ecological Research of the National Academy of Sciences of Ukraine»
  • Iryna Gryshchenko State Institution «Institute of Market and Economic&Ecological Research of the National Academy of Sciences of Ukraine»

DOI:

https://doi.org/10.32689/2523-4536/69-2

Keywords:

competitiveness, maritime transport, inland water transport, profitability, personnel, model, post-war recovery

Abstract

In post-war recovery, Ukraine's economic success will largely depend on its use of water transport, which will contribute to intensifying its trade with the rest of the world. The role of human capital is vital for developing water transport in Ukraine. However, the lack of highly qualified sailors in the merchant fleet may create specific challenges in increasing the competitiveness of water transport in Ukraine during the post-war recovery period. The purpose of the work is to identify the dependence of the profitability of Ukrainian water transport enterprises on the average number of full-time employees who work for Ukrainian shipping companies, fully providing the need for human resources for transporting goods by waterways and flying under the flag of Ukraine. The following methods were used to solve the tasks: system-structural, abstract-logical analysis and grouping - when studying the structure of the personnel of sailors-citizens of Ukraine; economic-mathematical modeling - when building the dependence of the profitability of water transport enterprises of Ukraine on the average number of full-time employees; calculation and analytical - when analyzing the dynamics of the average monthly salary, the movement of personnel at water transport enterprises, and when conducting a quality check of the mathematical model we built. When researching issues related to the influence of human capital on the profitability of water transport enterprises in Ukraine, we analyzed the scientific results presented in the works of leading scientists in the field of human capital development, as well as works devoted to the study of modern problems and prospects for the use of the labor of hired workers and strategic management in the field of maritime transport, optimization of wages in water transport, the study of socio-psychological factors affecting the work of seafarers, the study of the peculiarities of the labor market in the field of maritime transport and the provision of quality education of seafarers. The structure of the personnel composition of sailors-citizens of Ukraine and the dynamics of the average accounting number of full-time employees employed at Ukrainian water transport enterprises were studied. An analysis of the dynamics of the average monthly salary of full-time employees employed at water transport enterprises of Ukraine and the movement of personnel at water transport enterprises of Ukraine was carried out. The dependence of the profitability of Ukrainian water transport enterprises on the average accounting number of full-time employees in Ukraine is constructed. This dependence was recorded mathematically and presented graphically. We investigated the density of the connection between the profitability of water transport enterprises of Ukraine and the average number of full-time employees employed by them. To check the quality of the built model, we calculated key indicators and conducted several special tests. To increase the competitive potential of water transport in Ukraine, the article developed recommendations on increasing the number of sailors who work for Ukrainian shipping companies, fully providing the need for human resources for transporting goods by waterways and flying under the flag of Ukraine.

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Shiqi Fan & Zaili Yang (2023). Towards objective human performance measurement for maritime safety: A new psychophysiological data-driven machine learning method. Reliability Engineering & System Safety. Vol. 233. 109103. DOI: https://doi.org/10.1016/j.ress.2023.109103

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J.M. Silos, F. Piniella, J. Monedero, & J. Walliser. (2012). Trends in the global market for crews: A case study. Marine Policy. Vol. 36, Issue 4. Р. 845–858. DOI: https://doi.org/10.1016/j.marpol.2011.12.004

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Mitroussi, K. (2008). Employment of seafarers in the EU context: Challenges and opportunities. Marine Policy, № 32(6), р. 1043–1049. DOI: https://doi.org/10.1016/j.marpol.2008.03.006

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Published

2023-04-06