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The study examines the resources of economic growth in the Czech Republic in the course of years from 1992 until 2004. Using the growth accounting method, it analyses the contribution of individual factors to economic growth. Special attention is given to total factor productivity, which, apart...
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approaches to production theory. Although marginal analysis dominates economic literature, we argue that linear programming is an … equivalent theory with some advantages and, of course, some disadvantages in comparison to marginal analysis. Marginal analysis …
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The paper works with assumptions, that the conclusions of mainstream approaches to the growth theory are problematical …; there are alternative social-economic approaches to the theory of economic growth that offer more plausible explanations of …-economic approaches to the growth theory are not systematized. Considering of these matters, the main aim of this paper is to propose …
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The paper is focused on the disputation with Mojmir Hajek on the field of the measurement of the total factor productivity index. We point out the interpretation obstacles connected to this measurement and its results at a level of the whole economy as well as of its industries. We also refer to...
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