Beyond financial metrics: railway transport efficiency

Kurambayev , Alisher

Муҳандислик ва Иқтисодиёт · 2026-yil

Annotatsiya

This thesis examines why the formal presence of financial stability or institutional mechanisms in railway passengertransport does not, in itself, constitute evidence of economic efficiency. The purpose of the study is to establish—both across national models and within a single operator—that efficiency is a property of functional configurationrather than instrument existence. Three international institutional models were compared analytically, and three integralindices—asset condition, financial stability, and business activity—were computed for a national passenger operator over2020–2025 using the geometric-mean method. The results show that no international model is universally superior, aseach is conditional on its specific institutional environment. Furthermore, while asset condition and financial stability rosesteadily, business activity remained persistently low, confirming that resource and financial adequacy do not automaticallytranslate into genuine efficiency

Maqola ma’lumotlari
MualliflarKurambayev , Alisher
JurnalМуҳандислик ва Иқтисодиёт
NashriyotПлеханов номидаги Россия иқтисодиёти университетининг Тошкент шаҳридаги филиали
ISSN3060-463X, 3060-463X
Nashr sanasi2026-09-05
Jild4
Betlar48-52
TilIngliz
Indeksga qo‘shilgan2026-09-12

Kalit so‘zlar

economic efficiency, railway passenger transport, institutional configuration, financial-functional decoupling, integral index.

Iqtibos keltirish

APAKurambayev , Alisher (2026). BEYOND FINANCIAL METRICS: RAILWAY TRANSPORT EFFICIENCY. Муҳандислик ва Иқтисодиёт, 4, 48-52. https://muhandislik-iqtisodiyot.uz/index.php/journal/article/view/4240
GOST (OAK)Kurambayev , Alisher BEYOND FINANCIAL METRICS: RAILWAY TRANSPORT EFFICIENCY // Муҳандислик ва Иқтисодиёт. – 2026. – T. 4. – P. 48-52.
MLAKurambayev , Alisher. “BEYOND FINANCIAL METRICS: RAILWAY TRANSPORT EFFICIENCY.” Муҳандислик ва Иқтисодиёт, 4, 48-52, 2026. https://muhandislik-iqtisodiyot.uz/index.php/journal/article/view/4240
ChicagoKurambayev , Alisher. “BEYOND FINANCIAL METRICS: RAILWAY TRANSPORT EFFICIENCY.” Муҳандислик ва Иқтисодиёт, 4, 48-52 (2026). https://muhandislik-iqtisodiyot.uz/index.php/journal/article/view/4240
HarvardKurambayev , Alisher (2026) ‘BEYOND FINANCIAL METRICS: RAILWAY TRANSPORT EFFICIENCY’, Муҳандислик ва Иқтисодиёт, 4, 48-52. https://muhandislik-iqtisodiyot.uz/index.php/journal/article/view/4240
BibTeX
@article{kurambayevalisher2026,
  title = {BEYOND FINANCIAL METRICS: RAILWAY TRANSPORT EFFICIENCY},
  author = {Kurambayev , Alisher},
  journal = {Муҳандислик ва Иқтисодиёт},
  year = {2026},
  volume = {4},
  pages = {48-52},
  url = {https://muhandislik-iqtisodiyot.uz/index.php/journal/article/view/4240}
}

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