Sensitivity of Economic Branches to Changes in Production Volumes
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60461373%3A22810%2F22%3A43924597" target="_blank" >RIV/60461373:22810/22:43924597 - isvavai.cz</a>
Result on the web
<a href="https://editorial.upce.cz/1804-8048/30/2/1565" target="_blank" >https://editorial.upce.cz/1804-8048/30/2/1565</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.46585/sp30021565" target="_blank" >10.46585/sp30021565</a>
Alternative languages
Result language
angličtina
Original language name
Sensitivity of Economic Branches to Changes in Production Volumes
Original language description
The paper aim is to verify industry sensitivity to changes in production volumes (sales). Sensitivity confirmation is not based on the data describing economic downturn but on permanent internal industry factors. Internal factors take into consideration cost dependency on changes in output quantity produced. Ex ante analysis would discover why some industries would be more vulnerable than the others when significant economic disruption occurs. It has a serious impact on industry performance and business competitiveness position. The examined sensitivity will be expressed by the indicator degree of operating leverage (DOL). The verified assumption should classify neutral industries as sectors with low sensitivity and cyclical branches as industries with high sensitivity. The research is based on the data of more than 1,000 enterprises belonging to four industry sectors. Cyclical industries are represented by CZ-NACE 29 Manufacture of motor vehicles, trailers and semi-trailers and CZ-NACE H Transportation and Storage. Neutral sectors are symbolized by CZ-NACE 10 Manufacture of food products, CZ-NACE 20 Manufacture of chemicals and chemical products. Research conclusions are not demonstrable because initial assumptions were not confirmed and significant differences between cyclical and neutral industry branches were not unexpectedly detected using DOL. It demonstrates that examined issue is more complex and the monitored economic environment does not stay stable even during a period of macroeconomic stability.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50204 - Business and management
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2022
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Scientific Papers of the University of Pardubice
ISSN
1211-555X
e-ISSN
1804-8048
Volume of the periodical
30
Issue of the periodical within the volume
2
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
8
Pages from-to
1565
UT code for WoS article
000891640000008
EID of the result in the Scopus database
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