Abstract:

This paper focuses on the level and development of productivity in chemistry industry in the Czech Republic. The paper discusses the total productivity as well as partial productivities. The used data sample covers the time period 2009-2014 which contains the development during and especially after the last global economic crisis. The development is compared during and after the crisis, respectively the reaction of businesses to the crisis. This contribution identifies and analyzes the value productivity which reflects the level and changes in the technical and economic efficiency of production factors. The value productivity is an important factor in achieving the corporate performance. The value productivity is used in the contemporary concept which works not only with the efficiency of inputs consumption but also with the efficiency of employed capital. The approach used in the paper enables to describe analysed indicators statically as well as dynamic the analysis.