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New Value Indicators of Productivity - EVA's Factor
[Nové hodnotové ukazatele produktivity jako faktoru tvorby EVA]

Author

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  • Jiří Klečka

Abstract

The modern development of Corporate Systems and innovations (realistic) in the economic production criteria, as compared to traditional criteria, supported largely by optimum operating conditions. In order to measure the contemporary value concept of production, it is necessary to construct an indicator which accurately reflects economic effets, such as changes in consumption levels (a factor of production) and changes in their dutiable status, by means of the quantity flow. Productivity movement in the manufacturing subsystem can be explicitly expressed, as can its influence on the economic profit (for example the indicator EVA - Economic Value Added) of the enterprise.

Suggested Citation

  • Jiří Klečka, 2007. "New Value Indicators of Productivity - EVA's Factor [Nové hodnotové ukazatele produktivity jako faktoru tvorby EVA]," Acta Oeconomica Pragensia, Prague University of Economics and Business, vol. 2007(2), pages 44-54.
    • Handle: RePEc:prg:jnlaop:v:2007:y:2007:i:2:id:48:p:44-54
    DOI: 10.18267/j.aop.48
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    More about this item

    Keywords

    productivity; total factor productivity (TFP); economic value added (EVA); EVA's factors;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

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