Relationship Between the Development of the Gross Value Added and the Total Factor Productivity in the Czech Industry

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Relationship Between the Development of the Gross Value Added and the Total Factor Productivity in the Czech Industry

Popis výsledku v původním jazyce

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

Název v anglickém jazyce

Relationship Between the Development of the Gross Value Added and the Total Factor Productivity in the Czech Industry

Popis výsledku anglicky

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

Druh

D - Stať ve sborníku

CEP obor

AE - Řízení, správa a administrativa

OECD FORD obor

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Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2013

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

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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Počet stran výsledku

10

Strana od-do

1492-1501

Název nakladatele

The Department of Statistics and Probability and the Department of Microeconomics University of Economics, Prague

Místo vydání

Prague

Místo konání akce

Prague

Datum konání akce

19. 11. 2013

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

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