Capital productivity indicators

The aim of the diploma thesis is to give a proper description of the capital productivity indicators. Fixed assets, capital productivity and multi-factor productivity are described in theoretical part of the thesis. The capital input of the production process is evaluated by the fixed assets. In this paper fixed assets are perceived in the conception of the national accounts. The purpose of the fixed assets is to produce a product effectively. Production process cannot operate without machines or buildings. Capital productivity indicators quantify the efficiency of usage of the capital in production process. There are few options of capital productivity assessment; real or nominal productivity indicators, capital intensity and capital-labour ratio. In the practical part the main focus is put on the estimation and presentation of the concrete capital productivity indicators. The data of these estimates comes from Czech Statistical Office. Productivity indicators in czech economy are the point of interest. Tratitional capital productivity measures are estimated for the whole economy, by asset types and by industry. Less known productivity indicator is the capital-labour ratio. This indicator is in this paper conducted for the whole economy and with breakdown by industry. In addition the multi-factor productivity indicators and its measures are discussed. In the practical part the results of the crude multi-factor growth rates are presented. These estimations are held for the whole economy and by industry.