Relationship Between the Development of the Gross Value Added and the Total Factor Productivity in the Czech Industry
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12510%2F13%3A43886274" target="_blank" >RIV/60076658:12510/13:43886274 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Relationship Between the Development of the Gross Value Added and the Total Factor Productivity in the Czech Industry
Original language description
The aim of this paper is to examine relations between the development of the total factor productivity (TFP) and the development of Gross value added in the context of growth GVA (extensive or intensive growth sources). The analysis focuses on the CzechRepublic industry. Data sources were taken from the Czech Republic national accounts in the period of 1996-2011. It was found that the share of industry in the GVA added is continuously growing. The most important part of the industry is the manufacturing industry (90% of the GVA industry). The development of the total factor productivity mirrors the development of the GVA. The dynamics of the both variables GVA and TFP is influenced by the business cycle. The performed analysis confirmed two hypothesesprimarily in the manufacturing industry. The first hypothesis assumes that the intensive factor prevails if the value of the TFP is greater than the GVA index and, at the same time, the TFP is greater than 1.The second hypothesis assumes
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AE - Management, administration and clerical work
OECD FORD branch
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Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2013
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
The 7th International Days of Statistics and Economics, 2013
ISBN
978-80-86175-87-4
ISSN
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e-ISSN
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Number of pages
10
Pages from-to
1492-1501
Publisher name
The Department of Statistics and Probability and the Department of Microeconomics University of Economics, Prague
Place of publication
Prague
Event location
Prague
Event date
Nov 19, 2013
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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