Magnetic Levitation Cargo Ransport Role in World Economy

Background: Currently, the car, water, railway, air and pipe transports are used for cargo and goods transportation. Each kind of cargo transport has its own specific competitive advantages that provide its most effective application at various stages of logistics chain. The economic efficiency of cargo transportation influences the overall economic efficiency, in particular, the gross domestic product. The quality of economic growth as applied to transport branch and its input to the national economy is relevant, since with the current organisation of different transport modes interaction, there are still high transaction costs. Aim: Study of influence of various modes of transport, including maglev transport, on the economy and economic growth. Methods: Theoretical and empirical. The paper considers the influence of various modes of transport, that operate in the cargo transport sphere, on the countrys economy. The comparison of existing modes of transport with the maglev transport from the point of view of desired effects is made. Results: The maglev transport possesses new properties and advantages, which makes it possible to view is as viable and able to provide a qualitative economic growth and resource-based economy if realised. Conclusion: The most efficient use of resources, the consumption of which should at least not increase and at most decrease, is achieved with the introduction of maglev transport into the transport system, as its economic properties already now excel those of the majority of other types of transport. It is obvious, as to the experts, that in transition to resource-based economy the maglev transport will be major transport for both cargo and passenger transit.