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Productivity and its measuring aiming at individual size categories of companies.
ŘÍHA, Jaroslav
The main aim of this thesis was to assess the relation between productivity and size of company in selected sector of national economy construction industry. The sub-objectives were determined as follows: to gather theoretical information on the topic, to analyse the productivity according to the individual size categories of companies in the selected sector, to assess the relation between the size of company and the productivity and to ascertain the level of productivity in the Czech Republic in comparison with the selected sector.
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Currency Shocks to Export Sales of Importers: A Heterogeneous Firms Model and Czech Micro Estimates
Tóth, Peter
To what extent can exporters cushion the impact of currency appreciation shocks by using imported intermediates? We apply a partial equilibrium model with heterogeneous firms. Producers can serve the domestic market, export final goods, or import inputs. In the model, an exogenous exchange rate shock simultaneously affects the variable costs and revenues associated with exports and imports. The impact of a hypothetical 1% appreciation of the domestic currency on sales is estimated using a panel of 7,356 Czech manufacturing firms observed from 2003 to 2006. We focus on the above period to exploit the rich within-firm variation in trade strategies. The variation is probably associated with the lifting of trade barriers due to Czech EU membership since 2004. For firms that both export and import, the model predicts a drop in total sales of 0.2%, a drop in export sales of 0.8%, and a rise in domestic sales of 0.2%.
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Is labour homogenous on the food production line?
Šoman, Michal ; Lahvička, Jiří (advisor) ; Brožová, Dagmar (referee)
The thesis examines a homogeneity of labour on weekly data from 2009 tillfirst half of 2012 in an anonymous food company with high capital facilities which produce biscuit products. Model is estimated as a Cobb-Douglas production function where behaviour and experience of operators (age, sex, amount of trainings etc.) have an impact on an amount of product. The annual amount of product on the given production line is about 5,000 tons. The amount of output is significantly influenced by age and sex of operators who are working on given production line. If operators get older by one year (ceteris paribus), the amount of production will decrease by 0.4 % (in practice, it means by 19.95 tons per year). Another significant characteristic parameter which influences significantly product is sex of operators. If all men working on the given production line will be replaced by women, the amount of products will decrease by 6.7 % (in practice, it means by 333.75 tons per year). The experience of operators was measured by the number of completed trainings per one year. It was found that the increased amount of completed trainings have a significant impact on the amount of produced product. If operators attend additional training quarterly, the production on the given line will increase in better case by 0.4 % (in practice, it means by 18.01 tons per year). In this case additional trainings for operators have positive impact on company's revenue. Conclusion is that labour is not as homogenous as was expected in that type of company.
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Cost analysis of the farm
PEJŘILOVÁ, Lenka
This thesis deals with problems of cost and profitability of farms producing the selected crop and livestock commodities. For the structure of the work is divided into 3 parts - theoretical part and practical part of the methodology. The theoretical part is devoted to the use of cost and production functions and the degree of cost-effectiveness. Complementing the analysis of systems of indicators, which is defined logarithmic metoda.V practical part of the theoretical findings are applied to a set of 76 farms, which are divided according to production areas in the period 2006 - 2010.
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Estimate of potential output for economy of the Czech Republic: Production function approach
Šálek, Pavel ; Pánková, Václava (advisor) ; Školuda, Václav (referee)
The goal of this thesis is to estimate potential output of the economy of the Czech Republic from 1999 to 2011. In the first chapter I focus on description of the overall product of the economy, introduction and definition, mostly NAIRU approach, of the potential output and several approaches to estimate potential output. Production function is analysed in the following chapter from econometric as well as economic perspective. The most important properties of the production functions are also described in this chapter. In the end of the second chapter I deal with three most common types of production function. Estimated values of the variables in the production function including the value of the potential output of the Czech economy and relevant interpretations are presented in the last chapter of this thesis.
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Analysis of the effectiveness of the EU economies
Charvátová, Petra ; Pánková, Václava (advisor) ; Křepelová, Marika (referee)
Analysis of technical efficiency can be carried out by several possible approaches, such as a deterministic parametric approach, deterministic non-parametric approach (data envelopment analysis) and stochastic parametric approach. The content of this work is an analysis using stochastic parametric approach and deals with the efficiency computed by the help of production functions. The best known and most commonly used aggregate production function is a Cobb-Douglas production function, which is a modification of the static formulation of a relationship between variables and factors of production. The analysis of efficiency can be explained by using of different factors. In this work, the effectiveness is analyzed by the export value of controlled entities and dependent on GDP and public investment. Technical efficiency is studied comparing twenty-seven European Union economies. The analysis is applied to the universal values of the variables and the values per capita.
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Universal meaning of growths the fast - growing poplars.
CHALOUPKA, Jiří
The aim of those thesis was an analysis of a off - producing function the fast - growing growths namely in the several standpoints. I deal with a prosecution of the fast - growing poplars in a theoretic part at first. Then I specifyed the three main functions the fast - growing timber species namely at an off - producing usage. It means a function ameliorative, sanitation, aesthetic, biological, produce and insulative here. Mostly I then attended to an water and windy erosion.
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Analýza produkční funkce firmy
Altmanová, Lenka ; Hušek, Roman (advisor) ; Blažek, Michal (referee)
Produkční funkci lze definovat jako model vstupů a výstupů výrobního procesu. Analyzuje vztah mezi výslednou produkcí a výrobními faktory, tedy vztah mezi maximálním množstvím výstupu-outputu, který je možno vyrobit, a vstupy-inputy, požadovanými k výrobě tohoto výstupu. Produkční funkci lze tedy chápat jako kvantitativní ekonomickou analýzu vzájemné zaměnitelnosti výrobních faktorů a jejich důsledků.
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