Vergunenko M. Dynamics of transaction costs of a country in the course of its regional integration (on example of the European Union)

Process of optimization of transaction costs of a country is in the conditions of its cointegration with an economic union. The thesis focuses on research of dynamics of a country's transaction costs in the course of its regional integration; the identification of the main factors defining the amount thereof as well as development of mechanism for their optimization based on the country's integration strategy. Methods: analysis and synthesis, comparison, grouping graphic methods. The methodological approaches to the determination of the essence of the concept of "transaction costs" are systemized and the author's version of its definition with regard to the levels of their occurrence is introduced in the thesis. The existing types of transaction costs are researched and the enhanced version of their classification is devised. There is a research of methodical approaches to the evaluation of the amount of transaction costs at various hierarchic levels of the country's economic system; the author also introduces his own approach to the evaluation of transition costs at macroeconomic level based on the available information. The author has developed a system of analytical indicators for planning and analysis of transaction costs at macroeconomic level in order to conduct comparative analysis of the effects of economic integration. The dynamics of transaction costs is researched and the directions of their optimization are substantiated by means of the joining integrational unions on example of the European Union. The thesis contains analysis of the amount of transaction costs in the transition economy of Ukraine, as well as the main regularities and factors defining them. For purposes of predictive modeling and regulation of these costs the author has developed a statistical model indicating the impact of a country's development macroeconomic indicators on the amount of transaction costs; there is also an argumentation of the main tendencies in the state regulation of these costs by means of forming of corresponding market institutions. Enforcement authorities, educational process.