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  • This paper analyzes microeconomic production functions of Czech small and medium enterprises. We use the data from 2002 to 2005 of thirty manufacturing industries agriculture and services are not included), each divided into five subgroups according to the number of employees. We employ stochastic frontier analysis (SFA) to make statistical inference on the production process. Our results demonstrate that Czech SME depend in their functioning more on labour than on capital. The impact of tangible or intangible assets such as software or patents is negligible, while the effect of investment is negative. SFA strongly supports the presence of a systematic gap between common practice and best practice: the majority of firms significantly differ from top performers. Finally a simple test for time effect shows that between 2003 and 2005 Czech SME moved towards higher efficiency.
  • This paper analyzes microeconomic production functions of Czech small and medium enterprises. We use the data from 2002 to 2005 of thirty manufacturing industries agriculture and services are not included), each divided into five subgroups according to the number of employees. We employ stochastic frontier analysis (SFA) to make statistical inference on the production process. Our results demonstrate that Czech SME depend in their functioning more on labour than on capital. The impact of tangible or intangible assets such as software or patents is negligible, while the effect of investment is negative. SFA strongly supports the presence of a systematic gap between common practice and best practice: the majority of firms significantly differ from top performers. Finally a simple test for time effect shows that between 2003 and 2005 Czech SME moved towards higher efficiency. (en)
Title
  • Productivity of Czech small and medium entreprises : lagging behind their potential
  • Productivity of Czech small and medium entreprises : lagging behind their potential (en)
skos:prefLabel
  • Productivity of Czech small and medium entreprises : lagging behind their potential
  • Productivity of Czech small and medium entreprises : lagging behind their potential (en)
skos:notation
  • RIV/00216208:11230/10:10001523!RIV11-MSM-11230___
http://linked.open...avai/riv/aktivita
http://linked.open...avai/riv/aktivity
  • S, Z(MSM0021620841)
http://linked.open...iv/cisloPeriodika
  • 3-4
http://linked.open...vai/riv/dodaniDat
http://linked.open...aciTvurceVysledku
http://linked.open.../riv/druhVysledku
http://linked.open...iv/duvernostUdaju
http://linked.open...titaPredkladatele
http://linked.open...dnocenehoVysledku
  • 282497
http://linked.open...ai/riv/idVysledku
  • RIV/00216208:11230/10:10001523
http://linked.open...riv/jazykVysledku
http://linked.open.../riv/klicovaSlova
  • small and medium enterprises; stochastic frontier analysis; efficiency measurement; Production (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...odStatuVydavatele
  • NL - Nizozemsko
http://linked.open...ontrolniKodProRIV
  • [E03FC8BA1D60]
http://linked.open...i/riv/nazevZdroje
  • Journal of Industry, Competition and Trade
http://linked.open...in/vavai/riv/obor
http://linked.open...ichTvurcuVysledku
http://linked.open...cetTvurcuVysledku
http://linked.open...UplatneniVysledku
http://linked.open...v/svazekPeriodika
  • 10
http://linked.open...iv/tvurceVysledku
  • Průša, Jan
http://linked.open...n/vavai/riv/zamer
issn
  • 1566-1679
number of pages
http://localhost/t...ganizacniJednotka
  • 11230
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