MODERN REQUIREMENTS FOR THE DEVELOPMENT OF THE SERVICE SECTOR

2021 ◽  
Author(s):  
Беслан Мухамедович Хоконов
Keyword(s):  
Growth Rates ◽  
Technological Progress ◽  
Service Sector ◽  
Value Added ◽  
High Growth

В статье рассмотрены современные вызовы, определяющие приоритеты развития сферы услуг в контексте трактовок новой реальности и последствий технологического прогресса, в которых интегрируются требования по поддержанию уровня занятости и обеспечению высоких темпов роста совокупной добавленной стоимости. The article considers the current challenges that determine the priorities of the development of the service sector in the context of interpretations of the new reality and the consequences of technological progress, which integrate the requirements for maintaining the level of employment and ensuring high growth rates of total value added.

Does the sector matter? An analysis of high-growth firms and industry growth rates

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Yannick Dillen ◽  
Pieter Vandekerkhof
Keyword(s):  
Firm Performance ◽  
Growth Rates ◽  
Value Added ◽  
High Growth ◽  
Two Dimensions ◽  
Financial Health ◽  
Industry Growth ◽  
Content Type ◽  
Growth Firms ◽  
Growth Industry

PurposeThis paper aims to analyze the effect of industry growth rates on the characteristics of high-growth firms (HGFs) that are active in a particular industry. By making a distinction between HGFs active in stable and declining industries and HGFs active in growing and high-growing industries, it is analyzed if the main dimensions of firm performance are significantly different for HGFs active in one of these different industry types. Gaining more insight into this industry aspect of high firm growth is important as governmental measures towards HGFs may be more effective if they have a specific sectoral focus.Design/methodology/approachA subset of 740 Belgian HGFs was analyzed. Data were gathered from the Belfirst database. HGFs were classified within their corresponding industry type: a declining industry (negative growth), a stable industry (0 −5% growth), a growing industry (5 −10% growth) and a high-growth industry (>10% growth). Four dimensions of structural firm performance that are expected to correlate with high growth were taken into consideration: productivity (value added per FTE), profitability (ROA), innovativeness (intangible assets) and financial health (solvency and liquidity).Tukey's range tests in conjunction with post-hoc analysis of variance (ANOVA) tests were carried out to test for significant differences in all the mentioned variables for the HGFs in the four different industry types.FindingsResults show that HGFs active in a stable industry are not significantly more profitable or innovative than HGFs active in a growth industry. However, significant differences could be encountered when it comes to the other two dimensions of structural firm performance: productivity and financial health. It is shown that HGFs active in declining and stable industries are significantly more productive than HGFs active in growth industries and high-growth industries. Also, HGFs active in declining and stable industries have significantly higher liquidity ratios than firms active in growth industries, pointing towards a better financial health for HGFs in nongrowing industries.Research limitations/implicationsThe results confirm the conceptual logic that the differences between resource-based view (RBV) and industrial organization (IO) propositions will have an impact on the drivers of firm performance and high business growth. Every future study that focuses on the growth determinants of HGFs should be aware that considering the subset of HGFs as one homogenous group may be suboptimal. It is likely that the growth determinants of both HGF types will indeed be fundamentally different.Originality/valueUntil now, all studies on HGFs have considered the subset of HGFs as a whole. This paper tried to disentangle the subset based on the growth rate of the industry in which HGFs are mainly active. In this proposition, a reason for the lack of knowledge about characteristics of HGFs may – at least partially – be found in the fact that industry membership plays an important role in determining the characteristics of a high-growth firm. Future studies focusing on high-growth determinants may benefit from systematically taking the industry growth rates into account, with the knowledge that the propositions of two different theories – IO and RBV – may be the fundamental drivers of a firm's high-growth rates.

scholarly journals Impact of China’s Growing Global Position on the Economy of the Czech Republic

2021 ◽  
Vol 92 ◽  
pp. 09017
Author(s):  
Kamila Veselá ◽  
Linda Pudilová
Keyword(s):  
Czech Republic ◽  
Growth Rates ◽  
Value Added ◽  
High Growth ◽  
Chinese Economy ◽  
People’S Republic Of China ◽  
People's Republic Of China ◽  
The Czech Republic ◽  
Republic Of China ◽  
Mutual Relations

Research background: The People’s Republic of China in the 21st century can be described as an economy with high growth rates and great ambitions. Some statistics even indicate that China will become the world’s new hegemon by 2040. The People’s Republic of China is not only one of the largest exporters but is increasingly speaking to the world economy and international relations. Since the beginning of the 1990s, mutual relations between the People’s Republic of China and the Czech Republic can be described as very good and constantly deepening, which can be evidenced, among other things, by the number of trade agreements. Purpose of the article: Purpose of the article is to evaluate a development of mutual relations between Czech and Chinese economies in order to predict their future development. Emphasis will be placed on the development of mutual trade through the evaluation of absolute and relative indicators and growth rates. Methods: The paper is based on secondary data from the database of the Czech Statistical Office. The key methods used in the article are the analysis of time series of real products of the Czech Republic and China and their foreign trade. The analysis focuses on the trend, deviations and development of absolute and relative indicators. Findings & Value added: The results of the analysis proved that the Chinese economy is growing on average more than twice as fast as the Czech economy. Because of that, the economic/living standards of the population of both countries are converging. The growth rate of the People’s Republic of China, together with its high spending on science and research, means that (if this trend is maintained) China is likely to become the world’s new hegemon in the near future.

scholarly journals Impact of Trade Liberalisation Policies on the Coconut Export from India

2020 ◽  
Vol 65 (4) ◽  
Author(s):  
F. Thasnimol
Keyword(s):  
Comparative Advantage ◽  
Growth Rates ◽  
Value Added ◽  
Secondary Data ◽  
High Growth ◽  
Growth Function ◽  
Data Bank ◽  
Global Market ◽  
The Impact ◽  
Instability Indices

The present study analysed the impact of trade policies on coconut economy of Kerala based on the secondary data from Coconut Development Board (CDB) and Export-Import data bank of Government of India. Exponential growth function, Cuddy- Della instability index and Revealed Symmetric Comparative Advantage (RSCA) were used to compute the growth rates, instability indices and comparative advantage, respectively. Though trade liberalization adversely affected the coconut farmers during the initial phase of liberalization, it subsequently increased the opportunities of the Indian coconut sector to compete in the world market. Compared to Period I (1980-81 to 1993-94), a significant improvement in the coconut export was observed during Period II (1994-95 to 2007-08) and Period III (2008-09 to 2016-17). The high growth rates of coconut products together with low instability indices in the export revealed the prospects for Indian coconut sector in the global market during the post liberalization period. The value of RSCA revealed that India lacked any comparative advantage of coconut export in Period I. While in Period II, the export of coconut and copra possessed a comparative advantage from 2002 and 2005, respectively, and maintained the comparative advantage throughout the Period III. The result indicated that India must give much effort to increase the export share of coconut, copra and other value-added coconut products to augment the foreign earnings.

GROWTH OF PIKE-PERCH SANDER LUCIOPERCA (L., 1758) (PERCIDAE) IN RESERVOIRS OF K. SATPAYEV’S CHANNEL

2018 ◽  
pp. 59-68
Author(s):  
Saule Zhangirovna Asylbekova ◽  
Kuanysh Baibulatovich Isbekov ◽  
Vladimir Nickolaevich Krainyuk
Keyword(s):  
Growth Rates ◽  
Growth Dynamics ◽  
High Growth ◽  
Water Bodies ◽  
Volga River ◽  
Trophic Resources ◽  
Pike Perch ◽  
The Amur River ◽  
Back Calculation ◽  
Abiotic And Biotic Factors

Pike-perch is an invader for the water basins of Central Kazakhstan. These species have stable self-reproductive populations in the regional waters. Back calculation method was used to investigate pike-perch growth rates in reservoirs of K. Satpayev’s channel. For comparison, the data from the other water bodies (Vyacheslavsky and Sherubay-Nurinsky water reservoirs) were used, as well as literature data. Pike-perch species from the investigated waters don’t show high growth rates. The populations from the reservoirs of K. Satpayev’s channel have quite similar growth rates with populations from the Amur river, from a number of reservoirs in the Volga river basin and from the reservoir in Spain. Sexual differences in growth have not been observed. Evaluating possible influence of various abiotic and biotic factors on the growth rate of pike-perch in the reservoirs of K. Satpayev’s channel was carried out. It has been stated that the availability of trophic resources cannot play a key role in growth dynamics because of their high abundance. Morphology of water bodies also does not play a role, as well as chromaticity, turbidity and other optical water indicators. It can be supposed that the main factor influencing growth of pike perch is the habitat’s temperature. This factor hardly ever approaches optimal values for the species in reservoirs of K. Satpaev’s channel. The possible influence of fishing selectivity on pike-perch growth rates was also evaluated. Currently, there has been imposed a moratorium on pike-perch catch. However, pike-perch is found in by-catches and in catches of amateur fishermen. It should be said that such seizures have an insignificant role in the dynamics of growth rates.

Enterprise Performance Analysis of the Selected Service Sector by Applying Modern Methods with an Emphasis on the Creation and Application of the Modified Creditworthy Model (MCWM)

2018 ◽  
Vol 9 (17) ◽  
Author(s):  
Erika Onuferová ◽  
Veronika Čabinová
Keyword(s):  
Service Sector ◽  
Prediction Models ◽  
Economic Value ◽  
Value Added ◽  
Financial Indicators ◽  
Tourism Sector ◽  
Future Success ◽  
Financial Growth ◽  
Net Assets ◽  
Third Dimension

The aim of presented paper was to create and subsequently apply the Modified 3D Creditworthy Model (MCWM) of performance reflecting sectoral characteristics and financial specificities of the selected sample of Slovak tour operators over the years 2013 – 2017. The intention of this research study was to implement the key financial indicators and appropriate prediction models into both dimensions of the traditional 2D Creditworthy Model of performance and to supplement its third dimension applying the selected modern assessment methods – the Economic Value Added and the Return On Net Assets as we consider them to be one of the most important indicators of future success and company's financial growth. This modification will help to better identify the current financial position of tour operators and more accurately identify causes that hinder the development of financial performance of the selected sample of enterprises. However, after adjusting the upper and lower quartile averages of a particular industry, this methodology is applicable in the wider context of enterprises, not only those operating in the tourism sector.

The Service Sector in the Economy in Poland and European Union Countries

2015 ◽  
Vol 10 (3) ◽  
pp. 191-207
Author(s):  
Walentyna Kwiatkowska
Keyword(s):  
Service Sector ◽  
Value Added ◽  
Total Employment ◽  
Eu Countries ◽  
Gross Value Added ◽  
European Union Countries ◽  
Service Sectors ◽  
Sector Theory ◽  
The Eu

The role of the service sector in the economy is increasing in the process of socio-economic development. This tendency has been confirmed and explained by the three-sector theory formulated by A.G.B. Fisher, C. Clark, and J. Fourastie. The main goal of the paper is to show development tendencies in service sectors in Poland and the EU countries and assess them in view of the three-sector theory. The share of the service sector in the total employment and in the total gross value added in the years 2005-2013/2014 will be analysed together with two sub-sectors including market and non-market services. The research shows that the share of the service sector in total employment and total gross value added has been recently increasing in Poland as well as in other EU countries, but there is a gap in this process between Poland and the most developed EU countries. Moreover, in Poland, the role of market services has been recently increasing much faster than the role of non-market services. 

Emissions Responsibility and Relative Importance of the Productive Sectors in Turkey: 2002-2011

2014 ◽  
Author(s):  
Celal Taşdoğan ◽  
Bilgen Taşdoğan
Keyword(s):  
Air Pollutants ◽  
Economic Value ◽  
Value Added ◽  
High Growth ◽  
Air Pollutant ◽  
Sustainable Growth ◽  
Environmental Damage ◽  
Relative Importance ◽  
Input Output ◽  
Key Sectors

Turkey has realized high growth rates during the period of 2002-2011, except in 2008 and 2009 years. It is thought that the rapidly growing in the country may cause a lot of environmental damage, especially air pollution problems. In other words, the productive sectors have produced two outputs which are economic value added and air pollutants. This study used input output matrixes are to find out the strategically important sectors as it is known key sectors and weak sectors caused the environmental effects in the country. For this purpose, it has been tried to investigate air pollutant quantities which caused by the production process of the sectors in the period of 2002-2011 and performed the input-output tables for Turkey constructed in the World Input Output Database (WIOD) Project. These input-output tables include the emission satellite accounts, which are CO2 emissions and other air pollutants, respectively N2O, CH4, N2O, NOx, SOx, CO, NMVOC and NH3, disaggregated for the 34 sectors. It is expected that the outcomes of the study may contribute to sustainable growth debates and environmental policy implementations in Turkey.

Biology of Gadus morhua in Ogac Lake, a Landlocked Fiord on Baffin Island

1967 ◽  
Vol 24 (12) ◽  
pp. 2573-2594 ◽  
Author(s):  
David G. Patriquin
Keyword(s):  
Growth Rates ◽  
Gadus Morhua ◽  
Environmental Variability ◽  
Sea Urchins ◽  
High Growth ◽  
Baffin Island ◽  
Meristic Characters ◽  
Large Size ◽  
Fin Ray ◽  
High Length

Gadus morhua L. occurs in Ogac Lake, a salt, meromictic lake on Baffin Island that receives influxes of seawater only during the highest summer tides. Cod of the order of 10,000 of lengths 25 cm and greater and 500 of lengths greater than 60 cm were present. The size ranges for various ages far exceeded those of oceanic populations. Feeding conditions were poor, and sea urchins predominated in the diet. Large cod (greater than 50 cm) were highly cannibalistic, and it was estimated that they consume of the order of 3500 fish of 20–40 cm annually. Maturation occurred at the unusually large size of 85 cm in females, and at about 65 cm in males. Apparently many of the cod never reach these sizes. Spawning was from late May to early July in 1962, and initiation of spawning appeared to be related to light. The hatching of cod larvae coincided with the appearance of the nauplii of the dominant copepod in the lake. Egg size was highly variable and exhibited a curious bimodalism. Variation in vertebral and fin-ray counts was slight in spite of high environmental variability, and thus appears largely genetically controlled. Possibly the first inhabitants came from Greenland stocks, which have high growth rates similar to the faster growing cod in the lake, and similar high length at maturity. Meristic characters also suggest affinity with Greenland rather than Labrador cod. The hydrography of the area and the possibilities of larval drift or adult migration into the lake are discussed. Cannibalism must exert continuing selection for high growth rates, but very poor feeding conditions and hierarchial dominance effects probably prevent general attainment of high growth rates.

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