INPROFORUM 2017

Use of the Fixed Assets and Labour Productivity in Farms according to LFA
Petr Zeman, Jana Lososová, Jaroslav Svoboda

Language: en
Last modified: 2018-04-10

Abstract


This work analyses the development of labour productivity, wages to sales ratio, fixed assets per worker ratio and fixed assets turnover of agricultural enterprises. Enterprises in this contribution were classified by LFA. The result shows an increase in labour productivity in all the monitored categories. Highest values of labour productivity are achieved by businesses in the NON-LFA area. For LFA enterprises, labour productivity figures are lower, but the increase in the indicator over the period under review was more pronounced. Further, the values of fixed assets turnover and fixed assets per worker ratio indicate that human labour is replaced by more intensive use of long-term assets.


Keywords


LFA; Labour productivity; Fixed assets; LFA

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