RESEARCH OF THE RELATIONSHIP BETWEEN THE EFFECTIVENESS OF THE STATE TRANSPORT POLICY AND INDICATORS OF SOCIO-ECONOMIC DEVELOPMENT OF THE EUROPEAN UNION COUNTRIES

The purpose of this article is to determine the relationship between the effectiveness of state transport policy and the socio-economic indicators of a country's development. The study was based on the application of correlation and cluster analysis. Gross value added in the transport sector per employee is proposed as an indicator of the effectiveness of state transport policy. A correlation was found between GVA in the transport sector and socio-economic development indicators: industrial and agricultural growth indices, minimum wage and health care expenditure per capita. Based on a cluster analysis, three groups of EU countries were identified according to the level of transport policy effectiveness and the achieved indicators of socio-economic development. The directions and tasks that, when solved, will increase the effectiveness of transport policy and indirectly contribute to the improvement of the country's socio-economic development indicators were systematized.