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

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rdf:type	skos:Concept http://linked.opendata.cz/ontology/domain/vavai/Vysledek
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 Czech Republic 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 hypotheses primarily 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 that the extensive factor prevails if the value of the GVA index is greater than the TFP and, at the same time TFP, is less than 1. 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 Czech Republic 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 hypotheses primarily 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 that the extensive factor prevails if the value of the GVA index is greater than the TFP and, at the same time TFP, is less than 1. (en)
Title	Relationship Between the Development of the Gross Value Added and the Total Factor Productivity in the Czech Industry Relationship Between the Development of the Gross Value Added and the Total Factor Productivity in the Czech Industry (en)
skos:prefLabel	Relationship Between the Development of the Gross Value Added and the Total Factor Productivity in the Czech Industry Relationship Between the Development of the Gross Value Added and the Total Factor Productivity in the Czech Industry (en)
skos:notation	RIV/60076658:12510/13:43886274!RIV14-MSM-12510___
http://linked.open...avai/riv/aktivita	I
http://linked.open...avai/riv/aktivity	I
http://linked.open...vai/riv/dodaniDat	2014
http://linked.open...aciTvurceVysledku	Volek, Tomáš Novotná, Martina
http://linked.open.../riv/druhVysledku	D - Článek ve sborníku
http://linked.open...iv/duvernostUdaju	S - Úplné a pravdivé údaje nepodléhající ochraně podle zvláštních právních předpisů
http://linked.open...titaPredkladatele	Jihočeská univerzita v Českých Budějovicích / Ekonomická fakulta
http://linked.open...dnocenehoVysledku	102206
http://linked.open...ai/riv/idVysledku	RIV/60076658:12510/13:43886274
http://linked.open...riv/jazykVysledku	eng - angličtina
http://linked.open.../riv/klicovaSlova	Gross value added, Total factor productivity, Industry (en)
http://linked.open.../riv/klicoveSlovo	Total factor productivity Industry Gross value added
http://linked.open...ontrolniKodProRIV	[4AFE0788E015]
http://linked.open...v/mistoKonaniAkce	Prague
http://linked.open...i/riv/mistoVydani	Prague
http://linked.open...i/riv/nazevZdroje	The 7th International Days of Statistics and Economics, 2013
http://linked.open...in/vavai/riv/obor	AE
http://linked.open...ichTvurcuVysledku	2 (xsd:int)
http://linked.open...cetTvurcuVysledku	2 (xsd:int)
http://linked.open...UplatneniVysledku	2013
http://linked.open...iv/tvurceVysledku	Novotná, Martina Volek, Tomáš
http://linked.open...vavai/riv/typAkce	EUR - Evropská
http://linked.open.../riv/zahajeniAkce	2013-11-19 (xsd:date)
number of pages	10 (xsd:int)
http://purl.org/ne...btex#hasPublisher	The Department of Statistics and Probability and the Department of Microeconomics University of Economics, Prague
https://schema.org/isbn	978-80-86175-87-4
http://localhost/t...ganizacniJednotka	12510

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