Evaluation of economic efficiency of institutional changes in the specific industry market
An assessment of the economic efficiency of institutional changes in the sectoral markets, on the example of changes in institutions regulating compensation for damage to public roads of Federal importance is presented. The author examines the institutional changes in the institution of charge on account of compensation of harm caused by the automobile roads of general use of Federal value by vehicles, having the resolved maximum weight over 12 tons (state system "Platon"). On the example of the market of automobile freight transport and services in transportation of freights, using a morphological matrix, the description of a set of the interconnected institutes regulating compensation of harm to public highways of Federal value is carried out. According to the author's algorithm, the boundaries and allocation of economic entities of the industry market are determined. The analysis of institutional change has identified three entities are affected by the considered institutional change: the economic agents of the industry market (motor transport enterprise), industry, the market and the state. As a result of the evaluation of the effectiveness of institutional changes in the sectoral market, a value was obtained, which leads to a conclusion about their high efficiency. In accordance with the decision-making scheme to improve the effectiveness of institutional changes, it is recommended to monitor the situation in the sectoral market in order to timely improve and correct the existing Institute. Testing of the assessment of the economic efficiency of institutional changes in the sectoral markets confirmed the possibility of their use in practice.