Sensitivity of Economic Branches to Changes in Production Volumes

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

Sensitivity of Economic Branches to Changes in Production Volumes

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

Sensitivity of Economic Branches to Changes in Production Volumes

Popis výsledku anglicky

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.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

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OECD FORD obor

50204 - Business and management

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2022

Kód důvěrnosti údajů

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

Název periodika

Scientific Papers of the University of Pardubice

ISSN

1211-555X

e-ISSN

1804-8048

Svazek periodika

30

Číslo periodika v rámci svazku

2

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

8

Strana od-do

1565

Kód UT WoS článku

000891640000008

EID výsledku v databázi Scopus

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