Ovidius University Annals: Economic Sciences Series (Jan 2018)
Contributions Concerning the Operationalisation of Productivity
Abstract
Purpose – This article presents a theoretical model of firms engaged in a market process, in diverse stages: separately, and by acquisition of the little one by the bigger one. Method – Being a purely theoretical paper, developments are made in a two steps dynamic model of productivity calculation, with focus on the resulted serviceability. Results and Conclusions – The article discusses certain basic linkages between firms in a competition market and presents productivity as a dynamic process, considering the effects for the diverse actors involved. It also specifies that the components are depending on the state of the concerned firms. The model provides an analytical framework for other developments, including various simulations on the matter and for more advanced conceptual and applied studies on productivity, in descriptive and analytical line. It also suggests bases for developing management and market policies.