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Different approaches to calculating TFP
Zeman, Jan ; Vltavská, Kristýna (advisor) ; Sixta, Jaroslav (referee)
The bachelor thesis deals with total factor productivity and ways of its calculation.The first goal is describing theoretically the principles of total factor productivity and what it reflects. Subsequently the work uses the data available to test the ways of calculation while considering the hours worked and number of employees as an input. The thesis then names the advantages and disadvantages of individual kinds of input and further shows the calculation of direct and indirect method, comparing and assessing the two methods at the end.

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