IDEAS home Printed from
   My bibliography  Save this article

Dynamics of sectoral contributions to productivity development in context of business cycle


  • Martina Novotná

    () (University of South Bohemia in České Budějovice)

  • Tomáš Volek

    () (University of South Bohemia in České Budějovice)


The main aim of this paper is to analyse sectoral contributions to dynamics productivity and output development in context of business cycle. Used dates were Czech Republic behind years 1995- 2009 (15 years). The main used indicators were labour productivity and capital productivity. The analysis has showed, that dynamics changes in growth rate of productivity has clear link to business cycle. Dynamic changes of growth rate labour and capital productivity in the context of business cycle is influence primarily by secondary sector (industry) and tertiary sector (private services). On the contrary, quaternary sector (public services) and quinary sector (developing services) have no significant relation to growth rate of productivity and business cycle. The growth rate of labour or capital productivity are not influenced by changes in structure of employment or investment.

Suggested Citation

  • Martina Novotná & Tomáš Volek, 2011. "Dynamics of sectoral contributions to productivity development in context of business cycle," Acta Universitatis Bohemiae Meridionales, University of South Bohemia in Ceske Budejovice, vol. 14(2), pages 19-28.
  • Handle: RePEc:boh:actaub:v:14:y:2011:i:2:p:19-28

    Download full text from publisher

    File URL:
    Download Restriction: no


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:boh:actaub:v:14:y:2011:i:2:p:19-28. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Tereza Š ástková). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.