Productivity and micro economic growth : an accounting measure approach

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dc.contributor.advisorUliana, Enricoen_ZA
dc.contributor.authorGerdis, Bradley Gavinen_ZA
dc.date.accessioned2016-03-28T14:35:56Z
dc.date.available2016-03-28T14:35:56Z
dc.date.issued1997en_ZA
dc.description.abstractAs productivity is accepted as a prime determinant of macro economic growth and as the macro economy constitutes an aggregation of micro economic components, the link between productivity and growth at the micro economic (or firm) level warrants further investigation. The objective of this paper is to investigate this relationship between productivity and micro economic growth and to simultaneously address the specific concerns of both management and labour with regard to productivity initiatives. After presenting a conceptual framework for productivity accounting and introducing the strategic implications of productivity related information, the paper progresses onto an empirical study into the relationship between productivity and firm specific growth. This empirical study uses various correlation models applied to a sample of companies to statistically test the relationship between productivity and various measures of firm specific growth. Of particular relevance to this study is the use of appropriate growth measures based on the firms' strategic objectives and on factors directly related to the specific issues being addressed, as opposed to a single growth measure applied indiscriminately across the entire sample of companies. After investigating the relationship between productivity and micro economic growth (as appropriately defined), the empirical study concludes that the concerns cited by both management and labour as reasons for their respective aversions to productivity initiatives are unfounded The empirical study also offers preliminary evidence to support the use of the price recovery term as an indication of strategic objective. This paper concludes by proposing that the links introduced here between productivity and micro economic growth serve as a basis for the inclusion of micro economic factors into future research into the relationship between productivity and growth.en_ZA
dc.identifier.apacitationGerdis, B. G. (1997). <i>Productivity and micro economic growth : an accounting measure approach</i>. (Thesis). University of Cape Town ,Faculty of Commerce ,College of Accounting. Retrieved from http://hdl.handle.net/11427/18285en_ZA
dc.identifier.chicagocitationGerdis, Bradley Gavin. <i>"Productivity and micro economic growth : an accounting measure approach."</i> Thesis., University of Cape Town ,Faculty of Commerce ,College of Accounting, 1997. http://hdl.handle.net/11427/18285en_ZA
dc.identifier.citationGerdis, B. 1997. Productivity and micro economic growth : an accounting measure approach. University of Cape Town.en_ZA
dc.identifier.ris TY - Thesis / Dissertation AU - Gerdis, Bradley Gavin AB - As productivity is accepted as a prime determinant of macro economic growth and as the macro economy constitutes an aggregation of micro economic components, the link between productivity and growth at the micro economic (or firm) level warrants further investigation. The objective of this paper is to investigate this relationship between productivity and micro economic growth and to simultaneously address the specific concerns of both management and labour with regard to productivity initiatives. After presenting a conceptual framework for productivity accounting and introducing the strategic implications of productivity related information, the paper progresses onto an empirical study into the relationship between productivity and firm specific growth. This empirical study uses various correlation models applied to a sample of companies to statistically test the relationship between productivity and various measures of firm specific growth. Of particular relevance to this study is the use of appropriate growth measures based on the firms' strategic objectives and on factors directly related to the specific issues being addressed, as opposed to a single growth measure applied indiscriminately across the entire sample of companies. After investigating the relationship between productivity and micro economic growth (as appropriately defined), the empirical study concludes that the concerns cited by both management and labour as reasons for their respective aversions to productivity initiatives are unfounded The empirical study also offers preliminary evidence to support the use of the price recovery term as an indication of strategic objective. This paper concludes by proposing that the links introduced here between productivity and micro economic growth serve as a basis for the inclusion of micro economic factors into future research into the relationship between productivity and growth. DA - 1997 DB - OpenUCT DP - University of Cape Town LK - https://open.uct.ac.za PB - University of Cape Town PY - 1997 T1 - Productivity and micro economic growth : an accounting measure approach TI - Productivity and micro economic growth : an accounting measure approach UR - http://hdl.handle.net/11427/18285 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/18285
dc.identifier.vancouvercitationGerdis BG. Productivity and micro economic growth : an accounting measure approach. [Thesis]. University of Cape Town ,Faculty of Commerce ,College of Accounting, 1997 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/18285en_ZA
dc.language.isoengen_ZA
dc.publisher.departmentCollege of Accountingen_ZA
dc.publisher.facultyFaculty of Commerceen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.subject.otherFinancial Managementen_ZA
dc.subject.otherAccountingen_ZA
dc.titleProductivity and micro economic growth : an accounting measure approachen_ZA
dc.typeMaster Thesis
dc.type.qualificationlevelMasters
dc.type.qualificationnameMComen_ZA
uct.type.filetypeText
uct.type.filetypeImage
uct.type.publicationResearchen_ZA
uct.type.resourceThesisen_ZA
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