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Growth Decomposition in the Socialist Czech Economy Cover

Growth Decomposition in the Socialist Czech Economy

By:  and    
Open Access
|Apr 2021

Figures & Tables

Figure 1

Changes in social product 1950–1989 in %

Source: Statistické ročenky Československé socialistické republiky 1971–1990

Table 1

Summary of the data and results (with five-year plans)

Growth rates (%)1971–19751976–19801981–19851986–1990All periods average
GDP4.942.810.931.912.65
GDP plan551.5−2.13.2
Labour0.480.740.52−0.210.39
Labour productivity4.442.060.402.132.26
Labour prod. plan4.754.551.4−22.9
Capital9.691.98−3.021.812.61
TFP−0.411.412.551.331.22
Shares (%)*
Extensity65.9658.8951.1847.6356.44
Intensity34.0441.1148.8252.3743.56

[i] * – the overall shares are computed from absolute values.

Source: Authors; Zákon č. 115/1971 Sb.; 70/1976 Sb.; 125/1981 Sb.; č. 87/1986

Figure 2

GDP, Labour, Capital (standardised)

Source: Authors

Figure 3

Extensity and intensity parameters

Source: Authors

Figure 4

Growth composition

Source: Authors

DOI: https://doi.org/10.2478/danb-2021-0001 | Journal eISSN: 1804-8285 | Journal ISSN: 1804-6746 (formerly 1804-8285)
Language: English
Page range: 1 - 12
Published on: Apr 17, 2021
Published by: European Research University
In partnership with: Paradigm Publishing Services

© 2021 Marek Soukup, Libor Žídek, published by European Research University
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.