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The Productivity and her Measurement - New Approaches

Author

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  • Jiří Klečka

Abstract

The modern development of Corporate Systems calls for 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. The objective of this article is expose the methodology and the indicators of productivity movement in the manufacturing subsystem and his influence on the EVA (Economic Value Added) of the enterprise.

Suggested Citation

  • Jiří Klečka, 2008. "The Productivity and her Measurement - New Approaches," Ekonomika a Management, Prague University of Economics and Business, vol. 2008(1).
  • Handle: RePEc:prg:jnleam:v:2008:y:2008:i:1:id:13
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    More about this item

    Keywords

    celková produktivita; total productivity; Economic Value Added ? EVA; ekonomická přidaná hodnota ? EVA;
    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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