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Journal articles on the topic 'Economic efficiency factor'
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1
Klíma, J., and M. Palát. "Labour productivity as a factor forming the economic efficiency and competitive ability of the country." Agricultural Economics (Zemědělská ekonomika) 49, No. 11 (March 2, 2012): 515–19. http://dx.doi.org/10.17221/5440-agricecon.
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The paper is focused on the evaluation of labour productivity in industry as a whole and in the selected branches in the Czech Republic in 1997–2001. The labour productivity index for employees is the ratio of industrial production indices and indices of the number of employees. Methods of regression and correlation analysis and development trends were applied for the mathematical-statistical analysis.
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Porokhovsky, A. "The Efficiency of Economic Education." Voprosy Ekonomiki, no. 7 (July 20, 2006): 108–17. http://dx.doi.org/10.32609/0042-8736-2006-7-108-117.
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The main topic of the article is the global problem of the role of economic education in modern society. On the basis of the USA and EU countries experience the author demonstrates different ways of increasing the efficiency of economic training - program modification, changing of teaching methods, using contemporary technology and teacher positions as the main factor.
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Ohene-Asare, Kwaku, Eric Nuertey Tetteh, and Evelyn Lamisi Asuah. "Total factor energy efficiency and economic development in Africa." Energy Efficiency 13, no. 6 (July 7, 2020): 1177–94. http://dx.doi.org/10.1007/s12053-020-09877-1.
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Gerasimenko, O. "Personnel involvement as a key factor of economic efficiency." Telescope: Journal of Sociological and Marketing Research, no. 2 (2021): 56–59. http://dx.doi.org/10.51692/1994-3776_2021_2_56.
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Čechura, L. " Technical efficiency and total factor productivity in Czech agriculture." Agricultural Economics (Zemědělská ekonomika) 58, No. 4 (April 19, 2012): 147–56. http://dx.doi.org/10.17221/56/2011-agricecon.
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The paper deals with the analysis of technical efficiency and the total factor productivity (TFP) in Czech agriculture. The aim is to identify the key factors determining the efficiency of input use and the TFP development. The Fixed Management model is used for the estimation of technical efficiency and the construction of TFP for the total agriculture and its individual branches. The results show that technical inefficiency is an important phenomenon in Czech agriculture and its individual branches. The TFP development is determined by all components, i.e., technical efficiency, scale effect, technological change and management. Their contributions differ intrasectorally and intersectorally, and also in time. Finally, the developments in the individual branches are characterized by idiosyncratic factors, as well as the systemic effect, especially in the animal production. The most important factors which determine both technical efficiency and TFP are the factors connected with institutional and economic changes, in particular a dramatic increase in the imports of meat and increasing subsidies.
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Podolskaya, Tatiana, Alexey Baranov, and Ludmila Tomashevskaya. "URBAN CREATIVE CLUSTERS AS A FACTOR OF GLOBAL ECONOMIC EFFICIENCY." EUrASEANs: journal on global socio-economic dynamics, no. 2(21) (April 4, 2020): 33–43. http://dx.doi.org/10.35678/2539-5645.2(21).2020.33-43.
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In the paper the authors analyze theoretical approaches to definition and classification of creative clusters, including used by the international economic organizations. The role and influence of creative economy for modern development of the urbanized cities is shown. In the paper the production factor which is basic for creation of added value in creative economy is designated. The authors show influence of the creative industries on development of world economy using of relevant analytical materials and statistical data. On the basis of the retrospective analysis from the Russian and foreign practice experience of creation and development of the creative cities is analyzed. Such mechanisms of change of the urbanized cities’ public space as a placemaking and redevelopment are described. In the study the comparative analysis of creative economy’s key indicators of the world capitals – leaders in development of the creative environment in dynamics is carried out. Analysis is based on the data of the Global Creativity Index and the interrelation of creativity level with urban saturation and competitiveness of the countries and cities.
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Ma, Junwei, Jianhua Wang, and Philip Szmedra. "Economic Efficiency and Its Influencing Factors on Urban Agglomeration—An Analysis Based on China’s Top 10 Urban Agglomerations." Sustainability 11, no. 19 (September 28, 2019): 5380. http://dx.doi.org/10.3390/su11195380.
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Economic efficiency is the key issue of sustainable development in urban agglomerations. To date, more attention has been paid to the estimates of productivity gains from urban agglomerations. Differing from the previous studies, this paper focuses on the influencing factors and mechanisms of the economic efficiency of urban agglomerations, and check the effects of three different externalities (industrial specialization, industrial diversity and industrial competition) on the economic efficiency of urban agglomerations. The selected samples are multiple urban agglomerations, and the economic efficiency of urban agglomerations includes single factor productivity and total factor productivity. China’s top 10 urban agglomerations are selected as the case study and their differences in economic efficiency are portrayed comparatively. Firstly, a theoretical analysis framework for three different externalities effect mechanisms on the economic efficiency of urban agglomerations is incorporated. Secondly, economic efficiency measurement index system composes of labor productivity, capital productivity, land productivity and total factor productivity, and the impact of various factors on the economic efficiency of urban agglomerations is tested. The results confirm some phenomena (MAR externality, Jacobs externality and Porter externality) discussed or mentioned in the literature and some new findings regarding the urban agglomerations, derive policy implications for improving economic efficiency and enhancing the sustainability of urban agglomerations, and suggest some potentials for improving the limitations of the research.
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Yang, C. H., L. Wu, and H. L. Lin. "Analysis of total-factor cultivated land efficiency in China's agriculture." Agricultural Economics (Zemědělská ekonomika) 56, No. 5 (June 1, 2010): 231–42. http://dx.doi.org/10.17221/37/2009-agricecon.
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Along with the rapid economic growth, there has been a booming demand for agricultural products in China, but the increased land usage for the manufacturing sector has caused a decrease in the total cultivated land. Through the data envelopment analysis (DEA) approach, this study first constructs the index of the total-factor cultivated land efficiency (TFCLE) by taking the ratio of the actual cultivated land input to target the cultivated land input. Next, we examine the determinants of inefficiency on the cultivated land use. Based on a province-level panel data over 1997–2006, the empirical estimates indicate that the TFCLE is moderate and fluctuates during the sample period, ranging from 0.601 to 0.713, suggesting room for efficiency improvement in Chinese farmland use. The coastal regions are found to experience a significantly higher degree of the TFCLE compared with non-coastal regions. Overall, there is no significant competition effect brought on by the WTO entry on promoting TFCLE, though this effect differs between the coastal and non-coastal regions. The second-stage regression results show that the natural and artificial disasters, flood, drought, and pollution are the the main causes of inefficiency. Innovative activity and the FDI are evidenced to have a significantly positive relation with the TFCLE in Chinese agriculture. We also find the positive TFCLE-enhancing the effects of production diversification and import competition.
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Mubin, M. Khoerul, and Rudi Purwono. "TOTAL FACTOR PRODUCTIVITY OF ECONOMIC SECTOR IN INDONESIA." Jurnal Ekonomi Pembangunan 17, no. 1 (June 30, 2019): 20. http://dx.doi.org/10.22219/jep.v17i1.9567.
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Activities sectors of the economy in Indonesia become the key of the Indonesian economy. Increasing economic productivity will become the driving factor of the country's economy. This study is aimed to quantify the level of productivity (Total Factor Productivity) of each sector of the economy by counting the productivity-forming component, in this case, the technical efficiency change, technical change and efficiency scale change. Calculation results show that the productivity of each sector of the economy showed positive growth rates, and so did its forming components. The average value of the TFP of 9 sectors of the economy is 2:28. The economic sectors that have the highest TFP are in the sectors of electricity, gas, and water.
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Xue, Jianpo, and Chong K. Yip. "FACTOR SUBSTITUTION AND ECONOMIC GROWTH: A UNIFIED APPROACH." Macroeconomic Dynamics 16, no. 4 (January 9, 2012): 625–56. http://dx.doi.org/10.1017/s1365100510000775.
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This paper provides a unified approach to characterizing the relation between factor substitution and economic growth in different one-sector growth models (namely, the Solow, Ramsey, and Diamond models). Our main finding is that if better factor substitution raises savings in the steady state, then a higher per capita income results. There are two channels by which factor substitution affects savings: the positive efficiency effect via income and the ambiguous distribution effect via factor income shares. If the efficiency effect dominates, then a higher elasticity of substitution leads to a higher level of per capita steady-state income. In transition, factor substitution affects the rate of convergence both directly and through the equilibrium profit share. The former arises from diminishing marginal productivity of capital whereas the latter reflects its relative scarcity. Depending on the interaction of these effects, the net outcomes are characterized.
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Zuniga Gonzalez, Carlos Alberto. "Total Factor Productivity and the Bio Economy Effects." Journal of Agricultural Studies 1, no. 1 (December 18, 2012): 1. http://dx.doi.org/10.5296/jas.v1i1.2383.
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This paper develops a new measure of total factor productivity growth in agricultural Production which incorporates Bio Economic components effects.The new measure is called the Bio Economic-Oriented Total Factor Productivity (BTFP) index, and incorporates components of Bio Economic as liquid biofuels. BTFP measure changes in Bio Economic efficiency and can be decomposed into bio economy efficiency change (BEC), and Bio Economic technological change (BTC) components.An empirical analysis, involving 7 Central American countries-level during 1980-2007, is provided using DEA methods. The results have shown a positive annual growth in bio economy total factor productivity of 1.1 percent. This change is explained by 0.03 percent per year in the bio economy efficiency change (or bio economy catch-up) and bio economy technical change (or bio ethanol frontier-shift) is providing 0.09 percent.
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Khodko, Elena, and Andrey Khodko. "Improving energy efficiency as a key factor in sustainable economic development." Science and Innovations 8, no. 210 (August 2020): 49–53. http://dx.doi.org/10.29235/1818-9857-2020-8-49-53.
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Андрей Николаевич, Козлов. "EFFICIENCY OF TRANSNATIONALIZATION AS A FACTOR OF INSTITUTIONALIZATION OF ECONOMIC POTENTIAL." STATE AND MUNICIPAL MANAGEMENT SCHOLAR NOTES 1, no. 4 (December 25, 2019): 116–20. http://dx.doi.org/10.22394/2079-1690-2019-1-4-116-120.
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Rai, Keerti, S. B. L. Seksena, and A. N. Thakur. "Economic Efficiency Measure of Induction Motors for Industrial Applications." International Journal of Electrical and Computer Engineering (IJECE) 7, no. 4 (August 1, 2017): 1661. http://dx.doi.org/10.11591/ijece.v7i4.pp1661-1670.
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<p>This paper, introduced an expression of Economic Efficiency Measure (EEM) to permit quick evaluation for replacement of faulty induction motor with alternative (new or refurbished motor) for lowest life-cycle cost based on efficiency and rated-load conditions. This approach, simplifies the process for evaluating the energy efficiency to mere proportionate factor called as EEM. During the operating phase, the motor losses correspond to extra energy consumption, based on various parameters like motor operating conditions, operating hours, operating costs, fault factor, depreciation factor and fixed costs. The approach is effective in addressing the global issue on replacement of the faulty motor that needs a comprehensive analysis and mathematical expression. Compared to other alternatives the EEM provides a simple but effective and reliable means to asses, the feasibility of replacing or refurbishing the faulty motor. A detail analysis here would establish how much the present approach is effective in determining the replacement for a faulty induction motor either by a new one or refurbished one of corresponding rating.<strong></strong></p>
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Slack, K. D., and B. L. Capehart. "Economic Comparison of Power Factor Correction by Capacitors and High Power Factor/High-efficiency Motors." Energy Engineering 95, no. 5 (January 1998): 50–64. http://dx.doi.org/10.1080/01998595.1998.10530434.
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Wolfová, M., J. Wolf, R. Zahrádková, J. Přibyl, J. Daňo, and J. Kica. "Main sources of the economic efficiency of beef cattle production systems." Czech Journal of Animal Science 49, No. 8 (December 13, 2011): 357–72. http://dx.doi.org/10.17221/4320-cjas.
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The economic efficiency of several beef production systems on pasture was investigated under different marketing strategies. All calculations were carried out with the computer program ECOWEIGHT. None of the considered production systems was profitable without government subsidies for the assumed economic input values. The subsidies granted when satisfying a set of conditions served for balancing the economic loss in systems selling all surplus weaned calves outside. A profitability of 10 to 25% was reached for this marketing strategy in dependence on the production system. When integrating feedlot, only the purebred system with mating female replacement at an early age (about 15 months) and selling breeding bulls showed profitability, but at a low level (5%). All other systems produced at a loss even when government subsidies were included. A detailed analysis showed a high variability of the profit and profitability of cow-calf production systems in dependence on breeding and marketing strategies and on the level of the biological and economic input parameters. When considering biological performance, reproduction of females was shown to be the main source of economic efficiency in herds producing calves for sale. When applying feedlot, the daily gain in fattening was even more important. Beef prices seem to be the most important economic factor influencing the profitability of all systems (prices for slaughtered animals in the variant with integrated feedlot, prices for calves in the variant with selling of weaned surplus progeny).
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Yi, Fangqing, and Zenglian Zhang. "Energy Efficiency, Policy and GTFP." E3S Web of Conferences 53 (2018): 01033. http://dx.doi.org/10.1051/e3sconf/20185301033.
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The environmental and resource constraints on economic growth are increasingly evident. China urgently needs to reshape its economic growth momentum. The increase in green total factor productivity is particularly necessary for the growth of the quantity and quality of the economy. This paper selects the provincial panel data of 30 provinces in China from 2001 to 2015, and establishes a panel exchangeable errors model to analyze the impact of eight indicators on green total factor productivity (GTFP) and verifies its effectiveness. Empirical analysis shows that inter-provincial government competition, environmental regulation, energy consumption, and capital stock have a significant impact on green total factor productivity. The influence of foreign direct investment, industrial structure, and industrialization level on the total factor productivity of green is not significant. Therefore, the government should adopt suitable, flexible and diverse environmental regulation policies, promote energy-saving emission reduction and technology innovations through policies such as taxes and subsidies, strengthen the linkage mechanism between industrial structure upgrading and energy efficiency, to increase green total factor productivity.
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Marchenko, Olga, Nataliia Maryniv, and Olga Yarmak. "INNOVATION AS A FACTOR OF THE SOCIO-ECONOMIC EFFICIENCY OF TAX CONSULTING." Baltic Journal of Economic Studies 4, no. 4 (September 2018): 238–43. http://dx.doi.org/10.30525/2256-0742/2018-4-4-238-243.
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The aim of the article is to study the theoretical and methodological principles of the interconnection and interdependence of innovation and the socio-economic efficiency of tax consulting and on this basis to determine the areas and tasks of innovation management in this sphere. The subject of the study is innovation and innovative tax consulting services. Methodology. The research is based on the use of general scientific and special-scientific methods and techniques of scientific knowledge. The systematic approach enabled to reveal the content of the social and economic efficiency of tax consulting as the integrity of its economic performance as a practical legal activity based on enterprise and a structural unit of the national economy and socio-economic effects of its functioning as an institution of legal economy and the rule of law. The method of functional analysis enabled to substantiate the author’s approach to the definition of infrastructural and imputed functions of the tax-consulting institute, to reveal the content of its innovative function, its internal and external components. Based on a categorical analysis of innovations in the legal sphere, the concept of innovations and innovative services of tax consulting is considered to reveal a combination of legal, economic, social, and innovative characteristics in its content. The methodology of facet classification enabled to determine and characterize types of innovations in tax consulting, such as product, process, management-organizational, social innovations, as well as to ground areas and measures of management of innovative activity in this sphere of practical legal activity. The results of the study revealed that the social and economic efficiency of tax consulting as a unity of its economic performance and socio-economic effects are closely interconnected with its innovation, because innovations as certain changes in the product, technology, service provision, consulting, and market activity are efficiency factor, while possibilities of their implementation depend on the economic results of entrepreneurial activity in legal assistance on taxation and the quality of management of innovation activity. Practical implications. In the research, the classification of tax consulting innovations enabled to reveal the areas and management measures of innovation development in this practical legal activity to ensure its efficiency as a type of entrepreneurial activity and socio-economic institute, consisting of updating the product portfolio by developing and providing bundled, boutique services, development of niche industries; tax consulting on-line and automation of typical professional services; use of legal crowdsourcing and crowdfunding; introduction of the model of open innovation; management of innovative knowledge; formation of external and internal tax consulting networks; pro bono services. Relevance/originality. The proposed author’s approach to the definition of the socio-economic efficiency and the innovative function of tax consulting, their interconnection and interdependence is the theoretical basis for, first, studies of socio-economic and legal conditions and factors of effective legal assistance on taxation on an innovative foundation, and second, development of activities for the innovative improvement of tax consulting, and effective realization of its functions.
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KOCHAŃSKI, Tomasz. "RISK AS A CHANGE FACTOR AFFECTING ECONOMIC EFFICIENCY OF A SUPPLY CHAIN." Systemy Logistyczne Wojsk 1, no. 46 (September 30, 2017): 106–22. http://dx.doi.org/10.5604/01.3001.0011.7210.
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Risk is a very important problem for an effective supply chain management with regard to both its customers and participants in the various phases of its functioning. Considerate identification of risk areas in a supply chain and assessment of their scale has a huge influence on its processes. Risk assessed that way is at the same time a guarantee of economic profitability within the functioning of a supply chain. The skills to manage risk in a supply chain with regard to the creation of added value have a significant impact on the achievement of its objective at optimal and economically justified costs.
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Ivanova, М., V. Smiesova, A. Tkachenko, M. Boichenko, and T. Arkhypenko. "EFFICIENCY OF THE LOGISTICS CHAIN AS A FACTOR OF ECONOMIC SECURITY OF ENTERPRISES." Financial and credit activity: problems of theory and practice 2, no. 37 (April 30, 2021): 151–60. http://dx.doi.org/10.18371/fcaptp.v2i37.229950.
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Abstract. The basis of economic and financial security of the enterprise is effective financial and economic activity, stable financial condition, rational use of financial resources, the ability to counter threats to the internal and external environment. One of the factors of effective financial and economic activity and economic security of enterprises is the formation of effective logistics chains that provide its participants with opportunities to counter threats to the internal and external environment. Formation of effective logistics chains on the basis of taking into account the economic interests of its participants causes changes in the results of their financial and economic activities and creates the basis for their financial independence, socio-economic efficiency and stability. The purpose of the article is to form approaches to assessing the efficiency of the logistics chain on the basis of economic and financial security of enterprises. The article investigates scientific approaches to evaluating the efficiency of the logistics chain of enterprises, identifies their strengths and weaknesses, analyzes their methodology. An approach to evaluating the efficiency of the logistics chain of industrial enterprises, the use of which will reconcile the economic interests of the participants in the logistics chain, reduce their financial costs, ensure effective economic activity, form the basis for their financial and economic security. The scientific novelty of the article is the formation of a modern approach to evaluating the efficiency of the logistics chain, which, in contrast to existing ones, involves the use of an indicator of the efficiency of logistics activities of enterprises, the proposed indicator is the stationarity of ratio of operating results to logistics costs relative to the mean or deterministic trend over time, and identification of potential models of logistics efficiency of enterprises, which would ensure economic and financial security of enterprises. It is proved that efficiency of the logistics chain is achieved under the condition that the financial result from the operating activities of the enterprises united by the logistics chain in relation to their costs for logistics activities will not change for a long time or will naturally change with a reliable forecast and possibility economic forecasting of further cooperation. The expediency of using this approach was confirmed on the basis of the analysis of the efficiency of logistics chains of selected enterprises. The initial data for the construction of this model were the logistics costs as a component of the company’s operating expenses and the financial result from operating activities. The deficiencies in the use of existing accounting standards and regulations that govern the integrated assessment of the enterprise’s logistics costs have been established. It is proposed to use the Davis databases, which are formed on the basis of a web-survey of enterprises regarding the value of their logistic costs. It is noted that the actual stability of the logistics chains for each enterprise and the optimal ratio of their results to costs are determined by the current market conditions. An idea of the efficiency of connections in the logistics chain is formulated. It was concluded that the existence of a long-term stable equilibrium in the form of vector co-integration for all subjects of the logistics chain can be considered optimal. Prospects for further research are the development of a scientific approach to the formation of a logistics cluster as a basis for financial and economic security of enterprises. Keywords: economic security, financial security, financial costs, financial results, efficiency, the logistics chain, logistics activities. JEL Classіfіcatіon С22, D22, D61, O30 Formulas: 5; fig.: 2; tabl.: 2; bibl.: 15.
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Mann, Ruslan, and Alexander Bilyk. "Monitoring the factors influencing the efficiency of agricultural enterprises’ working capital of Ukraine." Problems and Perspectives in Management 15, no. 4 (December 22, 2017): 161–67. http://dx.doi.org/10.21511/ppm.15(4).2017.14.
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The efficiency of working capital management is one of the most important activities of any company, because it influences on the continuity of production and sales, the liquidity of the company, its solvency and profitability. To identify the factors influencing on the efficiency of working capital management of Ukrainian agricultural enterprises, systemic approach, analysis and synthesis, evaluation of dynamics structure, factor analysis were used. Profitability is the indicator of the efficiency of current assets. The authors used a modified Dupont model to determine the factors influencing the efficiency of current assets of Ukrainian agricultural enterprises. There was assessed the impact of these factors on the profitability of current assets and the stability of economic growth of Ukrainian agricultural enterprises in the period 2013–2015. The most influential factors of efficiency of current assets of agricultural enterprises were developed. The impact of selected factors on the stability of economic growth of Ukrainian agricultural enterprises was assessed.
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Filimonova, Irina, Anna Komarova, and Anastasia Chebotareva. "Factor analysis of economic efficiency of the oil and gas industry in Russia." E3S Web of Conferences 164 (2020): 09028. http://dx.doi.org/10.1051/e3sconf/202016409028.
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The article presents an analysis of performance indicators of companies in the oil and gas industry of Russia in 2013-2018. The aim of the study is to decompose the factors of change in the return on equity (ROE) of Russian oil and gas companies. The authors used the Dupont method to identify the main factors affecting ROE. After decomposing the ROE into factors, the authors evaluated their impact using the Logarithmic Mean Divisia Index (LMDI-1). As a result of the study, it was found that in most companies the greatest impact on the change in ROE has a return on sales, primarily as a result of revenue growth due to favorable oil prices and positive exchange rate differences. Simultaneously, sales profitability has a positive effect on the index of almost all companies in the industry. Asset turnover also had only a positive effect on ROE. However, a comparison of the results for 2017 and 2018 showed a significant difference in performance for many companies. Thus, we can conclude that the effect of a certain factor on the profitability of sales largely depends on the development strategy of the company for the coming year, the economic and political situation.
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Wu, Danjie. "Impact of Green Total Factor Productivity in Marine Economy Based on Entropy Method." Polish Maritime Research 25, s3 (December 1, 2018): 141–46. http://dx.doi.org/10.2478/pomr-2018-0123.
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Abstract In order to improve the efficiency of marine economic production and realize the sustainable and healthy development of marine economy, the spatial-temporal and dynamic evolution trend of marine economic green production efficiency in coastal areas of China is analysed by means of SFA basic model, coefficient of variation, coefficient of Gini and entropy method. It mainly includes three aspects: the result analysis of marine economy green production efficiency; the dynamic trend analysis of marine economy green production efficiency; the analysis of factors affecting marine economy green production efficiency. The results show that the factors affecting the total factor productivity of the marine economy are: development level of marine economy, marine material capital, level of opening to the outside world, marine industrial structure, marine human capital and marine environmental governance.
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Yaremenko, Oleh. "Contradictory unity of economic efficiency and social justice as a factor for economic systems functioning and evolution." Ekonomìčna teorìâ 2016, no. 4 (January 20, 2017): 19–32. http://dx.doi.org/10.15407/etet2016.04.019.
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Ustinovich, Elena Stepanovna, and Tatyana Petrovna Boldyreva. "Digitalization of economic sectors as a factor in increasing the efficiency of socio-economic development of Russia." Social'naja politika i social'noe partnerstvo (Social Policy and Social Partnership), no. 4 (April 10, 2021): 288–94. http://dx.doi.org/10.33920/pol-01-2104-04.
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The modern state policy of the Russian Federation in the field of information technology is gradually covering the sectors of the economy. Digitalization has become a trend, first of all, in the economic sphere and sectors of the economy. Since 2017, the state program «Digital Economy» has been implemented in Russia. One of the promising areas of the application of information and digital technologies in Russian agriculture and the implementation of the state program is the «Internet of Things». The role of agriculture will undoubtedly increase in the coming decades. The growing population of the planet will lead to the problem of an increase in the demand for food. It will be possible to solve it by enhancing the productivity of agricultural production.
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Ibrahim, Ibrahim Elnour. "Economic Efficiency of Sorghum and Millet Production for Small Scale Farmers in Traditional Rainfed, North Kordofan State, Sudan." Turkish Journal of Agriculture - Food Science and Technology 6, no. 2 (March 3, 2018): 150. http://dx.doi.org/10.24925/turjaf.v6i2.150-155.1490.
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The purpose of this study was to measure and analyse the economic efficiency, and to identify the main factor behind economic efficiency of sorghum and millet for small scale farmers in traditional rainfed sector in North Kordofan State. Primary data is collected using structured questionnaire for a sample of 205 farmers from four localities namely (Sheikan, Umrwaba, Elnuhoud, and Elkhowi). Stochastic frontier approach (cost function) was used to analyse economic efficiency and descriptive statistics were used to analyse socio-economic characteristics of farmers. The results of stochastic frontier cost function revealed that the estimated economic efficiency of the sorghum and millet farmers obtained was found the mean economic efficiency to be 39% and 15%, respectively. The economic efficiency is very weak, because most parameters and inefficiency effect factor found to be not significant, these determinants may give a clear picture of farmers that could be targeted in order to increase efficiency
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Fang, Zhong, Yung-ho Chiu, Tai-Yu Lin, and Tzu-Han Chang. "Economic, Social, Medical, Work Injury, and Environmental Efficiency Assessments." INQUIRY: The Journal of Health Care Organization, Provision, and Financing 57 (January 2020): 004695802097221. http://dx.doi.org/10.1177/0046958020972211.
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Improving the management efficiency of industrial accidents is significant for stabilizing social order and improving production efficiency. Although many previous studies have discussed the impact of work injury on different occupations from the work safety and health perspectives, few have jointly discussed economic, social, medical, and environmental pollution issues, and those that do mostly employ static models, failing to take into account welfare factors and environmental pollution issues that affect society. Therefore, in order to understand the dynamic evolution trend between social and economic activities and environmental issues, this study utilizes a modified undesirable two-stage dynamic exogenous data envelopment analysis (DEA) model to explore the economic, social, medical, and environmental efficiencies of 30 provinces in China to fill the gap in the literature. In terms of work injury insurance expenditure efficiency, the results show that the air quality index (AQI) impacts the ranking of China’s 30 provincial regions, with Fujian, Ningxia, Qinghai, Shandong, Tianjin, and Xinjiang being greatly affected. AQI significantly influences overall factor efficiency, rescue invalid deaths, and the work-related injuries in the various regions. AQI also has a relatively small effect on the efficiency of work injury insurance benefits. Based on this, we offer suggestions for policy makers to evaluate the social benefits of environmental governance and the efficiency of human capital.
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Karpuhin, Mihail, and F. Keyta. "Economic and energy efficiency of potato cultivation in different feeding areas and the use of fungicides in the Middle Urals." Agrarian Bulletin of the, no. 13 (January 29, 2021): 19–23. http://dx.doi.org/10.32417/1997-4868-2021-13-19-23.
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Abstract. The main factor in increasing the productivity of potatoes is the improvement of its cultivation technology. The purpose of the research was to determine the economic and energy efficiency of cultivating potato of the Gala variety under different feeding areas and the use of fungicides. The research was carried out on the experimental field of the educational and experimental farm of the Ural State Agrarian University during 2016–2018, in a two-factor field experiment according to the following scheme: Factor A (feeding area): 1400, 1750, 2100, 2450, 2800 cm2; Factor B (use of fungicides): “Shirlan”: 1400, 1750, 2100, 2450, 2800 cm2; “Infinito”: 1400, 1750, 2100, 2450, 2800 cm2. The objects of research in the experiment were medium early potato variety Gala and fungicides such as contact action “Shirlan” (0.3 l/ha) and “Infinito”systemic action (1.2 l/ha). The results showed that when using the fungicide “Shirlan” (factor B), the best in the experiments was the variant with a feeding area of 2450 cm2 (70 × 35 cm), where the highest yield of 36.6 t/ha was obtained, with a low cost price – 4446 rubles/ton, high profit – 269 172 rubles/ha and profitability – 165.43 %. In experiments on all variants, the energy efficiency coefficient did not reach 1.27. The scientific novelty of the research lies in the fact that for the first time the influence of the feeding area (factor A) and the use of fungicides (factor B) on the yield, economic and energy efficiency of potato cultivation in the Middle Urals was studied.
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Hossain, Altaf, Suman Biswas, Md Nasif Hossain, and Arnab Kumar Poddar. "Financial Sector Development and Economic Growth in Bangladesh: A Factor Analysis Based Causality Approach." International Journal of Economics and Finance 9, no. 8 (July 25, 2017): 229. http://dx.doi.org/10.5539/ijef.v9n8p229.
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To understand the finance-growth nexus, this paper is intended to find a fewer number of important financial factors using Factor Analysis on some selected indicators of Bangladesh financial sector during the period 1988-2013. This paper then tries to check whether the identified financial factors cause economic growth or economic growth causes financial factors using the Granger – Causality test. Factor Analysis shows that financial indicators under the dimensions, depth and stability form Factor 1, and the indicators under the dimensions, use/access and efficiency form Factor 2. Being consistent with economic sense, Granger – Causality test shows that no financial factor significantly causes economic growth; rather economic growth causes “depth/stability” (‘private credit + capitalization’ /non-performing loan) factor of financial sector during the period. In summary, on average, financial sector of Bangladesh is being unstably (being increased non-performing loan) deepened with response to the demand of economic growth since 1988.
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Panagoret, Dragos, Ioana Panagoret, and Andreea Panagoret. "Methods of Assessing the Economic Efficiency of Small and Medium Farms." Annals ”Valahia” University of Targoviste - Agriculture 11, no. 1 (April 1, 2017): 11–14. http://dx.doi.org/10.1515/agr-2017-0003.
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Abstract Farm profitability assessment is of particular importance, displaying its economic character. There are simple procedures for small farmers to carry out a correct analysis of the mode of land use and exploitation of animals, so that, by reorganizing the holding and proper management, to become profitable. Methodologically, this analysis consists of: identifying the factors influencing the level of yields per hectare; measure the influence of each factor on results achieved; establish critical points of the technical system of production; establishing the measures necessary to eliminate the weak elements of the system and design a new improved technical system for production for each crop; new design of new productions per hectare and of production costs, as well as evaluating the effectiveness of the extra production costs.
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Li, Zhi Bin, and Xi Ju Lu. "The Factor Analysis of Energy Efficiency Based on Technological Progress, the Changes of Industrial Structure and the Living Consumption." Advanced Materials Research 347-353 (October 2011): 2897–901. http://dx.doi.org/10.4028/www.scientific.net/amr.347-353.2897.
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Energy efficiency is one important index of a regional economic and social sustainable development strategy. To find some original factors influenced on the energy efficiency, we used energy data concerned during 1996-2008 in China and calculated the efficiency data in Laspeyres Decomposition, then analyzed the factors' influence values and energy efficiency's developing trend, at last, put forward the strategic advice. The data showed that energy intensity has declined from 1996 to 2008, and energy intensity change was mainly affected by technological progress factors. Except for 2002 to 2003, the energy intensity was declining in rest periods, and the factor of technological progress and the factor of the drop in life consumption have been playing positive roles to the decrease in the energy intensity, while the unreasonable industrial structure change had a negative effect on the decrease in the energy intensity.
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Borlakova, А. К. "ASSESSMENT OF INVESTMENT PROJECTS TAKING INTO ACCOUNT THE ECOLOGIC FACTOR." Strategic decisions and risk management, no. 6 (October 27, 2014): 94–98. http://dx.doi.org/10.17747/2078-8886-2012-6-94-98.
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The need to taking into account an environmental friendliness factor in the process of investment projects estimation is defined. The method of eco-economic estimation of the projects, which help to draw conclusions about the projects feasibility and to rank them according to the level of environmental and economic efficiency, is provided.To objective justification for the investment decision, the projects efficiency criteria is suggested to calculate with using the elements of the fuzzy sets theory, through which many uncertainties factors may be formalized and correctly considered in the estimation process.
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Rungsrisawat, Somdech. "BUSINESS DIGITALIZATION AS A FACTOR OF GOVERNANCE MODERNIZATION." EUrASEANs: journal on global socio-economic dynamics, no. 1(8) (February 1, 2018): 40–47. http://dx.doi.org/10.35678/2539-5645.1(8).2018.40-47.
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The study takes a new paradigm of state business regulation, based on the synchronization of interests of business, state and society, on the defining the principles of Government participation in the global economic processes. As a tool for business consolidation, improving the efficiency of state regulation, the formation of e-government was considered. The paper characterizes the e-government as a new form of state regulation of economy. The factors of effective e-government implementation strategy were analyzed. The experience of digitalization of governmental functions of modern states, the rates of asynchrony of development of electronic government in the world, relating with the economic efficiency of modern states, were considered.
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Rostami, Nasrin, Mohsen Khyareh, and Reza Mazhari. "Competitiveness, entrepreneurship, and economic performance: Evidence from factor-, efficiency-, and innovation-driven countries." Ekonomski anali 64, no. 221 (2019): 33–64. http://dx.doi.org/10.2298/eka1921033r.
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Many scholars have highlighted the importance of economic competitiveness for entrepreneurial activity, and hence economic growth. However, few studies quantitatively analyse the interrelationship between competitiveness and its role in increasing entrepreneurial activity at various stages of development. The aim of this study is to fill this gap in the entrepreneurship literature and to study the causal relationship between the ?pillars? of competitiveness and the different macroeconomic effects of entrepreneurship, mediated by entrepreneurial behaviour, in a panel of 81 factor-, efficiency-, and innovation-driven countries during 2012-2017. Using a MIMIC model, the results show that innovation, higher education, and technological readiness have a positive and significant impact on the level of entrepreneurial activity in the three groups of countries. In addition, development of the financial market and market size has a positive impact on entrepreneurship in factor-driven countries. Higher education and institutional strengthening have a positive and significant impact on the level of entrepreneurship in the efficiency- and innovation-driven countries, but are not significant in factor-driven countries. Moreover, the impact of infrastructure on the level of entrepreneurial activity in the factor-, efficiency-, and innovationdriven countries is positive. Good entrepreneurial behaviour generates a simultaneous and/or medium-term favourable effect on the growth of gross domestic product, exports, imports, and employment rate. Therefore, besides immediate growth, it also assures sustainable economic and social progress in the analysed countries. Our results confirm previous findings of empirical studies in the field. These findings are consistent with received economic theory on how national context affects entrepreneurial activity.
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Kyzenko, Olena. "Strategic controlling as a ensuring factor of the company’s innovative products economic efficiency." Economy and Entrepreneurship, no. 42 (July 10, 2019): 24–36. http://dx.doi.org/10.33111/ee.2019.42.kyzenkoo.
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Bervidová, L. "Labour productivity as a factor of sustainable economic development of the CR agriculture." Agricultural Economics (Zemědělská ekonomika) 48, No. 2 (February 29, 2012): 55–60. http://dx.doi.org/10.17221/5288-agricecon.
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A basic presumption of sustainable economic development of every branch is an efficient use of production factors. As a decisive production factor, it is possible to consider labour which actives other production. In such a way, labour creates sources for reproduction and improvement of other production factors; i.e. it creates sources for sustainable economic development. Efficiency of labour use as a production factor is generally evaluated by the level of labour productivity. To express its level, various indicators are used. Using the indicator of gross agricultural production per one worker, labour productivity grows, even with the decrease of production. The growth factor is there the decreasing number of workers. Using the indicator of value added per one worker, resp. per 1 CZK of labour costs, labour productivity decreases. Market factor lowers labour productivity on both input and output sides. The contribution issues from solving of the institutional research intention CEZ: J03/98: 411100013 “Efficient integration of Czech agrarian sector into the frame of European structures – presumption of sustainable development”.
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Chrastinová, Z. "Economic differentiation in Slovak agriculture." Agricultural Economics (Zemědělská ekonomika) 54, No. 11 (December 2, 2008): 536–45. http://dx.doi.org/10.17221/262-agricecon.
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Results of agriculture suggest that a typical feature of this industry is economical differentiation of agricultural enterprises and product sectors. In contrast to the expectations at the time of entering the market environment, a more significant levelling of economic results has not yet taken place. Just as before 1990, natural conditions are still the crucial factor of the differentiated efficiency of agriculture and its product sectors, followed by the legal form of farming, agricultural land concentration; as well as the performance of managers, i.e. the organisation and management of enterprises. The evaluation of enterprises was performed through statistical methods (Pearson´s correlation coefficient) and various relative financial and economical coefficients.
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Yue, Liang Wen, Chun You Wu, and Mi'er Zhang. "Research on the Evaluating Method of Non-Renewable Energy Efficiency Based on China's Provincial Data: Green Growth Perspective." Applied Mechanics and Materials 733 (February 2015): 303–8. http://dx.doi.org/10.4028/www.scientific.net/amm.733.303.
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This paper integrated systematically the method of MFA, DEA, and the evaluation method of eco-efficiency, constructed a method of evaluating total factor non-renewable energy efficiency based on the perspective of green growth. And it defined the indicators system of evaluating total factor non-renewable energy efficiency. This paper gave an empirical research of total factor non-renewable energy efficiency, economic efficiency of non-renewable energy, environmental efficiency of non-renewable energy, and eco-efficiency of non-renewable energy, of Chinese provincial regions for the year 2012.Study results confirms: the method of evaluating total factor non-renewable energy efficiency of this paper, not only discussed the evaluating problem of total factor non-renewable energy efficiency of the process of non-renewable energy using, but also brought economic value, environmental influence and ecological cost into evaluating framework of total factor non-renewable energy efficiency; so it is a scientific and comprehensive tool of evaluating non-renewable energy efficiency, and is in conformity with the idea of green growth.
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Gao, Yazhou. "Measurement and Driving Factors of Green Total Factor Manufacturing Energy Efficiency in China." International Journal of Sustainable Development and Planning 15, no. 7 (November 13, 2020): 1017–23. http://dx.doi.org/10.18280/ijsdp.150706.
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As the largest manufacturer in the world, China has attracted much attention in the green transformation of manufacturing. This paper firstly designs an evaluation index system (EIS) of green total factor manufacturing energy efficiency (GTFMEE), which covers the three industrial wastes as the undesired output. Based on the EIS, the directional distance function (DDF) was adopted to measure the GTFMEEs of 30 provincial administrative regions (provinces) in China from 2010 to 2017. Then, the Tobit model was introduced to empirically analyze the driving factors of the GTFMEE. The results show that: The different provinces varied significantly in GTFME; the high GTFMEE provinces concentrated in the eastern coastal area, while most inland provinces had undesirable GTFMEEs. The eastern, central, and western regions exhibited different dynamic trends of GTFMEE; the eastern region had much higher GTFMEE than the central and western regions. The GTFMEE has a significant positive correlation with economic growth, technological progress, and opening-up, a significant negative correlation with energy structure, and urbanization level, and an insignificant correlation with human potential.
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Pimonenko, Tetyana, Liliia Lyulyova, and Yana Us. "Energy-efficient house: economic, ecological and social justification in Ukrainian conditions." Environmental Economics 8, no. 4 (December 6, 2017): 53–61. http://dx.doi.org/10.21511/ee.08(4).2017.07.
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The main goal of the article is the efficiency justification of energy-efficient house (EEH) from the different points of view: economic, ecological and social. In this case, the EEH under the green economy context was considered by the authors. In addition, according to the Ukrainian ongoing condition, the key preconditions of EEH implementation among the Ukrainian households were allocated. Besides, the main approaches to define EEH are analyzed and systematized by the authors. On this basis, the main bullet points and features of EEH were indicated. The authors determined the EEH opportunities for spreading among the Ukrainian households. It should be noted, that the lack of awareness among the civil society provokes the slow temp of the EEH enlarging in Ukraine. At the same time, the European experience showed that the huge part of their households can be characterized as energy-effective. With the purpose of understand the efficiency of EEH, the authors had estimated the economic benefits of installed solar collector in the household as one of the parts of EEH. According to the results, the authors allocate the restraining factors of the EEH spreading in Ukraine. Thus, the great payback period is one of them. In addition, the high level of the currency rate has negative impact on the payback period. From the other side the continuously increasing of the utility bills have been indicated as a negative stimulate factor. In order to increase the awareness of the EEH benefits under the Ukrainian civil society, the main economic, ecological and social benefits of EEH were systematized by the authors.
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Wysokiński, Marcin, Bogdan Klepacki, Piotr Gradziuk, Magdalena Golonko, Piotr Gołasa, Wioletta Bieńkowska-Gołasa, Barbara Gradziuk, et al. "Economic and Energy Efficiency of Farms in Poland." Energies 14, no. 17 (September 6, 2021): 5586. http://dx.doi.org/10.3390/en14175586.
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Climate change and negative environmental effects are results of a simplified understanding of management processes, i.e., assuming economic effects as the basis for development, without taking into account external costs. Economically efficient facilities are not always environmentally efficient. Due to the existing conflict of economic and environmental goals, it seems necessary to look for measures that would include both economic and environmental elements in their structure. The above doubts were the main reasons for undertaking this research. One of the important sectors of the economy accepted for research, where energy is an essential factor of production, is agriculture. Agricultural production is very diversified both in terms of inputs and final products. Depending on the production direction, the processes of conversion of energy accumulated in inputs into energy accumulated in commodity products have different natures and relationships. Taking into account the importance of agriculture in the national economy and the current environmental needs of the world, the types of farms generating energy surplus and those in which the surplus is the least cost-consuming were indicated. The research used the economic and energy efficiency index, which makes it possible to jointly assess technical and economic efficiency. Assuming the need to produce food with low energy consumption and a positive energy balance, it is reasonable to develop a support system for those farms showing the highest economic and energy efficiency indicators.
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Chen, Jiwen, and Zuxu Zou. "Study on Total Factor Carbon Emission Efficiency in the Yangtze River Economic Zone, China." E3S Web of Conferences 143 (2020): 02026. http://dx.doi.org/10.1051/e3sconf/202014302026.
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With the continuous acceleration of the modernization process, the Eco-environmental problems of the Yangtze River Economic Zone in China have become increasingly prominent, which makes the study of carbon emission efficiency become a long-term concern. Based on the panel data of 11 provinces and cities of the Yangtze River Economic Zone in 2009～2016, this paper calculates the DEA-Malmquist index of the Total Factor Carbon Emission Efficiency containing undesirable output in various provinces and cities and three major regions. By studying the DEA-Malmquist index and its decomposition, the results show that the Total Factor Carbon Emission Efficiency of various regions in the Yangtze River Economic Zone presents a growth trend, and its main contribution comes from technological progress. In the future, the emission reduction rules of the Yangtze River Economic Zone will be transformed from the traditional top-down emission reduction model to the bottom-up “independent contribution” emission reduction model.
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Nwankwo, Nnabueze Kalu, and Yulia Zakirova. "Economic efficiency of the water monitoring system in Nigeria." E3S Web of Conferences 169 (2020): 02016. http://dx.doi.org/10.1051/e3sconf/202016902016.
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Currently, many areas in Nigeria face strong water stress, and to reduce the pressure exerted on water, making water a reusable ecosystem service is essential. Economic efficiency of a water monitoring system can involve having a program to influence and manage water resources and the environment based on the utilization of modern information technologies and techniques. This article aims at demonstrating the importance of Economic efficiency of a water monitoring system, cases and deaths from water-related diseases by decade. A significant factor of managing water safety is understanding water availability, demand, utilization, how it acts in response to change, climate and pressures. Comprehensive understanding of a water system correctly and deeply depends on professionalism, monitoring, documentation and reporting of water system parameters. Human health risk assessment model was applied to estimate cases and deaths from water-related diseases.
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Ershov, Mikhail V., Anna S. Tanasova, and Elena Yu Sokolova. "Stimulating Domestic Demand as a Key Factor of Economic Growth." Economy of Region 17, no. 1 (March 2021): 114–29. http://dx.doi.org/10.17059/ekon.reg.2021-1-9.
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World economy shows a high level of uncertainty. There are considerable risks of economic slowdown and stock market collapse. For many years, the Russian economy has been dependent on external factors. Recently, when anti-Russian sanctions are imposed, it is particularly important to find internal sources of growth, including domestic demand as the most significant factor. However, environment for the development of the Russian economy remains unfavourable due to high interest rates, volatile exchange rate, increasing tax rates, and ambiguous economic policy. Based on the analysis of regional statistics (including some regions of the Central Federal District), we confirmed the weak relationship between investments and gross regional product (GRP) revealed by other scientists. This may be the result of poor investment efficiency and its low multiplier effect. In this situation, the right choice of sectors with high multipliers and investment efficiency creates the potential for increasing domestic demand. Simultaneously, mechanisms for the expansion of resources ensuring regional economic growth play an important role. In this regard, we developed approaches aimed at the creation of conditions for the expansion of regional financial resources to support economic activity, domestic demand and economy in general, considering a social aspect of these processes. Some of the proposed mechanisms stimulate the participation of banks in financing economic processes, federal or regional bond issuance (the Bank of Russia would be the main buyer), etc. These proposals consider the experience of other countries in stimulating economic growth, including at the regional level. Financial regulators and relevant regional agencies can use the research results for developing economic policies.
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Klychova, Guzaliya, Alsou Zakirova, Gamlet Ostaev, Vyacheslav Sokolov, and Elena Nekrasova. "Corporate finance in the system of economic analysis management and intensification." E3S Web of Conferences 273 (2021): 10037. http://dx.doi.org/10.1051/e3sconf/202127310037.
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The study of the issues of assessing the indicators of efficiency and intensification of finance in the activities of corporations operating in modern economic conditions is necessary and relevant. The research was conducted in order to identify a group of financial and economic indicators for assessing the financial efficiency of the corporation. In the course of the research a toolkit was developed, which is a group of indicators that allow corporations to analyze financial and economic activity in generalized and detailed forms. When selecting the resulting and factor indicators of efficiency and intensification, the author's position was based on taking into account the current economic situation, namely, the multiprofile activities of corporations (within and outside the state borders) and the high proportion of borrowed capital for business processes in the core and non-core types of entrepreneurship. The objects of the study in generalized and detailed forms were direct and indirect profitability. They refer to the resulting indicators of efficiency, calculated by comparing the profit and consumed capital. The formed indicators fully correspond to the modern economic situation and the economic nature of the categories of «efficiency» and «intensification». With their use it is possible to calculate the dependence not only between the resultant and factor indicators, but also to analyze the interaction of the factor indicators themselves. These factor indicators meet all the economic postulates and are fully adapted to the generally recognized economic requirements, in particular, financial and economic and financial management. The proposed approach will help to maximize the financial benefits through an objective analysis of the effectiveness and intensification of economic operations.
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Sun, Hui, and Xiong Zhong. "Impact of Financial R&D Resource Allocation Efficiency Based on VR Technology and Machine Learning in Complex Systems on Total Factor Productivity." Complexity 2020 (December 28, 2020): 1–15. http://dx.doi.org/10.1155/2020/6679846.
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With the development of the globalization of science and technology, innovation has become an important driving force for regional economic development. As a core element of regional innovation, financial R&D resources have also become a key element to enhance national innovation capabilities and national economic competitiveness. National and regional innovation capabilities have a direct impact. There are also many deep-seated problems behind the world-renowned achievements, such as irrational industrial structure, insufficient independent innovation capabilities, low resource utilization efficiency, and the service quality and efficiency of financial institutions for the transformation of total factor productivity. These problems extremely restrict the efficiency upgrade and further development of our country’s total factor productivity. This study uses the DEA-Malmquist index model to measure the efficiency of fiscal R&D resource allocation in 28 provinces and regions in China in the past 10 years and uses Mapinfo12.0 software to analyze regional differences in the efficiency of fiscal R&D resource allocation in China from a spatial perspective. During the year, the overall R&D resource allocation efficiency of 28 provinces and autonomous regions in China has shown an upward trend. The efficiency of fiscal R&D resource allocation and the concentration of financial factors have had a positive impact on total factor productivity, transform and upgrade factors, increase total factor productivity, and provide empirical evidence for building a strong country.
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Alekseev, Aleksey V., and Natalia N. Kuznetsova. "Russian capital investment dynamics as an economic transformation factor." Вестник Российской академии наук 89, no. 10 (October 20, 2019): 981–92. http://dx.doi.org/10.31857/s0869-58738910981-992.
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By comparing Russian and American capital investment programs according to gross and per capita indexes, this article analyzes capital investments long-term dynamics in economic activities in general and manufacturing in particular. Results showed that Russian economic growths quality, determined by its 2000 capital investment structure did not correspond with the national economys long-term development aims. Moreover, investment activitys current fading appears consequent to that periods inappropriate investment politics. The existing Russian investment system aims to incorporate its economy into the global economy as a supplier of natural and, partly, agricultural resources, thus dooming manufacturing to stagnation at best. The authors reveal that activation of industrial politics, established on a fundamental power-of-the-state approach in the investment process, based on long-term strategic interests and the potential of market forces (namely, efficiency use of resources) allows launching large-scale investment projects to provide favorable conditions for creating an innovative national economy.
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Brezuleanu, St, Carmen Olguţa Brezuleanu, T. Ad Dinu, and Elena Stoian. "Peculiarities of Human Resources Management in Sustainable and Ecological Farms." Cercetari Agronomice in Moldova 48, no. 3 (September 1, 2015): 99–110. http://dx.doi.org/10.1515/cerce-2015-0046.
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Abstract Human resources management in agricultural farms is of particular importance in the context of the particularities of labor in agriculture, which is different from other economic sectors. Since labor is the most important production factor of any economic activity, labor productivity is the most used in the evaluation of economic efficiency. Accelerating the productivity growth is related to understanding content and its meaning, major factors of influence and way of exploitation. To emphasize human resource management and to illustrate the way of calculation of labor productivity, the study was conducted in an ecological farm with a vegetable profile of Iaşi County, Romania. The labor productivity has been used in the evaluation of economic efficiency, for three major crops: wheat, maize and potatoes. We used three indicators: average efficiency factor of production land use, WPm; the average productivity of labor in physical units, WLm; labor productivity, WH; labor productivity in monetary value, WV. To increase the labor productivity and efficiency of human resources there were organised training courses and programs both of managers and directly involved productive staff, but also there were introduced new production technologies that lead to ease and make efficient the staff work.
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Hnylytska, L., D. Melnychuk, S. Boguslavska, O. Pidvalna, and T. Chechetova-Terashvili. "SECURITY PRIORITIES IN ASSESSING THE EFFECTIVENESS OF DOMESTIC ENTERPRISES." Financial and credit activity: problems of theory and practice 2, no. 37 (April 30, 2021): 374–85. http://dx.doi.org/10.18371/fcaptp.v2i37.230312.
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Abstract. The article establishes a causal relationship between economic security and efficiency of the enterprise and hypothesizes about the need to expand approaches to analytical evaluation of efficiency, taking into account the security priorities of the enterprise. It has been proved that in the present conditions, the effectiveness of the activities of domestic enterprises is characterized not only by achieving a positive value of the financial result (profit), but also by the ability to withstand modern economic challenges to ensure the continuity of statutory activities. Therefore, the purpose of the article was to develop a safe-oriented model for evaluating the effectiveness of the enterprise and forming scientifically based recommendations for use as its methodological basis indicators that characterize the level of economic security. The methodological basis of the safety-oriented model is a system of balanced economic indicators, which ensures the evaluation of the efficiency of the enterprise from the standpoint of systemic integrity and enables multi-vector analysis of efficiency with trend determination and highlighting the most significant factors that influence the change in profitof the enterprise.. Unlike the classic efficiency assessment model based on coefficient analysis, which provides for the calculation of generalizing efficiency coefficients without taking into account external factors of influence on the activities of the enterprise, the safe and indicative model is based on methodological approaches to the consistency of certain groups of financial and economic indicators that characterize the impact of threats to the internal and external environment of the enterprise’s functioning to change the basic level of efficiency. The safety-oriented model of performance assessment was tested in the activities of agro-industrial enterprises . 2) in the emergence of reserves for increasing efficiency by leveling the impact of threats to the internal and externalenvironment; 3) establishing subordination between indicators in determining the general (effective) indicators that characterize the achieved level of efficiency of the enterprise; 4) the implementation of dynamic and factor analysis of the efficiency of the enterprise. Keywords: economic security, efficiency of the enterprise, analytical evaluation of efficiency, balanced indicators system, factor analysis, trend (dynamic) analysis, efficiency coefficients. JEL Classification H55, H56, М40 Formulas: 0; fig.:1; tabl.: 2; bibl.: 34.
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Xu, Chen. "Measurement and Convergence Analysis of Total Factor Energy Efficiency in Yangtze River Economic Belt." International Journal of Sustainable Development and Planning 15, no. 5 (August 1, 2020): 611–18. http://dx.doi.org/10.18280/ijsdp.150503.
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