Tạp chí Khoa học Đại học Mở Thành phố Hồ Chí Minh - Kinh tế và Quản trị kinh doanh (Aug 2020)
THE IMPACT OF CAPITAL AND LABOR ON OUTPUT VALUE OF WATERWAY TRANSPORT ENTERPRISES IN VIETNAM
Abstract
From the review of the production function theory, the article establishes the impact of capital and labor on output of enterprises. The data analysis of the financial reports of the joint stock companies in the waterway sector and the main business activities which are water transports in stock market showed that the elasticity output value of capital is 0.404127; labor cost is 0.506885; while productivity synthetic elements is 2.44359. General elasticity under capital and labor costs is 0.911012