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1

Added Value, as a Criterion for Evaluating the Efficiency of Global Production Chains

100%
Duginets G. V.
Mekhanizm Rehuluvannya Economiky
|
2017
|
vol. 1(75)
29-36
EN
In recent years, the world economy has experienced a growth of gross exports relative to production output, which can to some extent be explained by a more intensive use of global value chains: the number of intermediate inputs being transported from one country to another within the production process is increasing. The article examines the existing approaches to determining the added value that is being formed in global production chains. It is substantiated that such analysis allows to determine where the most added value is formed, and also to form possible directions for the development of a chain's operating elements. It is emphasized that a company or a country should strive to have presence in those sections of global chains where a greater added value is generated. But in addition to building into existing chains, the country's own industrial policy is also important, and it eventually leads to structural shifts in the country's industry.
2

PRÍČINY ZMIEN VO VÝVOJI FUNKČNEJ ŠTRUKTÚRY PRÍJMOV V SLOVENSKEJ EKONOMIKE

88%
Morvay K.
Ekonomický časopis (Journal of Economics)
|
2015
|
vol. 63
|
issue 9
906 – 921
EN
The low wage share has been one of the traditional problems of the Slovak economy. This article deals with the change in the structure of income: the prevailing low share of wages in value added began to grow significantly in recent years. The functional structure of income in the years 2013 – 2015 developed in such a way as in the Slovak economy has not previously been recorded. The reversal was linked to a new phenomenon in the labour market: employment and labour income parameters were improving despite only weak economic growth (it was previously not conceivable). Change of trends in the structure of income (together with the improvement of labour market indicators) was enabled by changed structure of aggregate demand increases, employment growth in the state-influenced branches, changes in the sectoral composition of GDP growth and also by changes in the forms of employment.
3

BREXIT – THE VISEGRAD COUNTRIES’ PERSPECTIVE

88%
Dováľová G., Hošoff B., Majzlíková E.
Ekonomický časopis (Journal of Economics)
|
2019
|
vol. 67
|
issue 10
1013 – 1034
EN
The article deals with the possible implications of Brexit for the V4 countries from the perspective of foreign trade and labour market. Analysing Brexit from the perspective of the V4 countries is essential due to the importance of the UK as the Visegrad countries trade partner. By analysing direct and indirect effects on value added and employment generated by exports to the UK using the multi-regional input-output model, we were able to identify the exposure to Brexit in the V4 countries in terms of value added and employment. Results suggest that the V4 countries belong to the group of countries with a medium risk, particularly in mechanical engineering, automotive industry and electrical engineering. The importance of the UK as a trade partner for the V4 countries has been rising steadily throughout the years and therefore it is important to keep these economic relations as close as possible.
4

OSOBITOSTI VÝVOJA A ŠTRUKTÚRY PRÍJMOV V SLOVENSKEJ EKONOMIKE

88%
Morvay K.
Ekonomický časopis (Journal of Economics)
|
2013
|
vol. 61
|
issue 4
327 – 343
EN
In Slovak economy a structure of income (on macro-level) has formed, which is far from the usual income structure in advanced economies. The wage share significantly lagged (and declined further). The wages were largely substituted by mixed income of self-employed persons. This kind of income restructuring is associated with risks for some segments of public finance (especially for sectors financed from social contributions). While the economic performance level converged gradually to the level of most advanced economies, the income structure was more on the path of divergence. Changes in the income structure were driven by shifts in sectorial composition of the economy (e.g. expansion of branches with low wage share), but also by technological progress within sectors and branches (e.g. growth of capital intensity).
5

SLEDOVÁNÍ VÝKONNOSTI REGIONU – VYUŽITÍ PŘIDANÉ HODNOTY (ZAMĚŘENÍ NA JIHOČESKÝ KRAJ)

75%
Faltová I., Krutina V.
Ekonomický časopis (Journal of Economics)
|
2009
|
vol. 57
|
issue 10
1018 – 1037
EN
The economy performance, taken as the aggregate, is more than simple sum of performances of its particular parts – regions. The research in regional performance however should not be only marginal matter, especially if regions have (NUTS 3, or LAU 2) legislative duty to carry about the development of their territory. It is therefore necessary to identify common and specific effects and processes influencing operation of given region and in part to keep at disposition the sufficient number of relevant information. In conditions of particular region it is dealt with usage e.g. theoretic approaches to economic growth on one hand and empirical data about situation in region and its changes on the second hand. Whereas, arisen synergistic effect should not stay nonfeasance by participants of regional development on particular levels.
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