The value added of the domestic services sector embodied in manufacturing export remains low in Viet Nam

2020 ◽  
Keyword(s):  
Value Added ◽  
Viet Nam ◽  
Services Sector

scholarly journals Services Sector in Lithuania: Labour Productivity as a Factor of Growth

Ekonomika ◽  
2008 ◽  
Vol 81 ◽  
Author(s):  
Jolanta Žemgulienė
Keyword(s):  
Growth Rate ◽  
Comparative Analysis ◽  
Productivity Growth ◽  
Labour Productivity ◽  
Value Added ◽  
Service Industries ◽  
Services Sector ◽  
Labour Productivity Growth ◽  
Empirical Regularities ◽  
The Relationship

This paper examines the tendencies of Lithuanian services sector’s value added and labour productivity during 1995-2006. Comparative analysis of the average annual labour productivity growth in manufacturing and service industries reveals arguments supporting the W. Baumol’s consideration that there can be sporadic productivity increases in nonprogressive sectors. During 1995-2000, labour productivity growth in services exceeded productivity growth in manufacturing. The paper offers an interpretation of the Verdoom law for empirical regularities of the relationship between the cross-sectorial labour productivity growth rate and the value added growth rate.

scholarly journals A Long Run ARDL Investigation of Manufacturing Adjustment to the Services Economy in Nigeria

2021 ◽  
Vol 9 (3) ◽  
pp. 95-107
Author(s):  
Olumuyiwa Olamade
Keyword(s):  
Capital Accumulation ◽  
Negative Impact ◽  
Manufacturing Sector ◽  
Value Added ◽  
Business Services ◽  
Development Indicators ◽  
Services Sector ◽  
Positive Effects ◽  
Distributed Lag ◽  
Long Run

The long-run equilibrating relationship between the value-added growth of services and manufacturing is investigated in this research. The study is based on the well-established empirical link between manufacturing and service activities, and in particular, manufacturing's servicification. The selected variables' annualized time series were obtained from the World Development Indicators. The paper used the autoregressive distributed lag framework to regress manufacturing value-added growth against service value-added growth while accounting for economic growth, factor input growth, and trade effects. The findings revealed that in Nigeria, a strong performing services sector has a large negative impact on manufacturing performance, whereas capital accumulation and income growth have positive effects. The supply constraint of business services that the manufacturing sector requires is at the root of this finding. The paper advocates for policy frameworks that support the efficient supply of business services as both a manufacturing input and a productivity enhancer for the entire economy.

scholarly journals Protocol: Value Stream Maping in Healthcare. A systematic literature review

2019 ◽  
Vol 10 (2) ◽  
pp. 36 ◽  
Author(s):  
Juan A. Marin-Garcia ◽  
Pilar I. Vidal-Carreras ◽  
Julio J. Garcia Sabater ◽  
Javier Escribano-Martinez
Keyword(s):  
Health Services ◽  
Literature Review ◽  
Systematic Literature Review ◽  
Health Sector ◽  
Value Added ◽  
Consumer Electronics ◽  
Health Centers ◽  
Similar Process ◽  
Services Sector ◽  
Value Stream

<p>Until 2016, very few works had investigated the use of the VSM. With this research, we will discover if the situation has changed in the last 3 years. In the lean manufacturing context, different techniques that help the continuous improvement process can be used (Marin-Garcia &amp; Bonavia, 2011; Marin-Garcia &amp; Carneiro, 2010; Marin-Garcia et al., 2012; Scott, 2001). One is the Value Stream Map (VSM) (Coetzee et al., 2016; Marin-Garcia &amp; Mateo Martínez, 2013; Vidal-Carreras et al., 2015). This publication is a protocol (Marin-Garcia, 2015; Marin-Garcia, 2019) that aims to promote research transparency and replication. The concepts investigated in it are defined (VSM and health services sector), a research niche is justified, and the search and codification procedure of the systematic literature review is established. Although there are different versions of the VSM (Dinis-Carvalho et al., 2018; Hines &amp; Rich, 1997; Shou et al., 2017), we will focus on that proposed by Rother and Shook (1998). The main peculiarity of the version by Rother and Shook (1998) is that it graphically shows the flow of information and the flow of materials in the same diagram (Lucherini &amp; Rapaccini, 2017; Shou et al., 2017; Vidal-Carreras et al., 2015), which is necessary to complete a project, a product or a service (Bevilacqua et al., 2014; Lucherini &amp; Rapaccini, 2017). It is also very intuitive and easy to understand, even by non-technical people (Lucherini &amp; Rapaccini, 2017).</p><p>The VSM version that we have chosen is usually applied via standardized symbols (Lucherini &amp; Rapaccini, 2017; Vidal-Carreras et al., 2015) following a 4-stage procedure (Rother &amp; Shook, 1998; Shou et al., 2017): 1) select a product family (each VSM represents a family of sufficiently homogeneous products to represent the process); 2) draw the current VSM; 3) model the improved process by drawing the desirable future VSM; 4) implement actions to obtain a similar process to the future VSM. These four stages can be split into eight in other implementation versions (Tapping, 2007; Tapping et al., 2002; Tapping &amp; Shuker, 2003). The above procedure allows value-added (VA) and nonvalue-added (NVA) activities and initiating actions to be identified to improve the proportion of VA versus NVA (Bevilacqua et al., 2014; Shou et al., 2017; Vidal-Carreras et al., 2015). Our goal is to include any healthcare level (primary care, secondary care - medical specialists, hospitals, referral centers for rare diseases, and geriatric or disability care). We wish to explore the use in organizations of any country worldwide whose ownership is public, private or a nonprofit foundation. We will focus on patient health services. We will not include the pharmaceutical industry or the operation of governmental or nongovernmental public health structures (e.g. ministries, the Red Cross or similar). Different literature reviews on the VSM have been published. Some focus on analyzing several sectors, predominantly manufacturing. Previous research seems to indicate that the VSM allows the transparency of the process to improve by making it much more understandable for the agents involved in it (Shou et al., 2017; Vidal-Carreras et al., 2015); reduce process times (lead times) (Shou et al., 2017) and inventories (Shou et al., 2017). However, these results come mostly from repetitive manufacturing contexts (linked to the automotive or consumer electronics sectors, or their auxiliary industries), and normally from Anglo-Saxon countries. There do not seem to be enough publications in order to generalize these results to all kinds of contexts. Some publications reveal that the barriers from using such tools can overcome facilitators in public service contexts (Marin-Garcia et al., 2018b).</p><p>Very few reviews have focused specifically on the VSM and the health services sector (Nowak et al., 2017; Vidal-Carreras et al., 2015). Both conclude that there is not enough material to provide evidence for and a conclusive answer to our research questions. The systematic review that we propose in this protocol intends to answer (in a future publication) the following questions: 1) what is the VSM research gap that applies to the health services sector that currently exists?; 2) is the VSM being used in hospitals or other health centers?; 3) what VSM version is common in health sector publications?; 4) collect examples of the VSM in hospitals/heath centers; 5) how was the VSM used in the hospitals/health centers that have applied it?; 6) what problems and/or difficulties have arisen while drawing the VSM or after drawing it? Different programs will be used for the bibliometric analysis (see details in Marin-Garcia and Alfalla-Luque (2019)). First, the R Bibliometrix package (Aria &amp; Cuccurullo, 2017; Garfield, 2004; Wulff Barreiro, 2007) and also the suitability of SciMAT (Cobo et al., 2012; Santana &amp; Lopez-Cabrales, 2019) to visualize thematic maps and strategic maps will be tested.</p>

scholarly journals ASSESSMENT AND ANALYSIS OF SOME CHANGES IN THE SECTORAL STRUCTURE OF THE ECONOMY

2019 ◽  
Vol 17 (Suppl.1) ◽  
pp. 138-144
Author(s):  
Iv. Stoycheva
Keyword(s):  
Regional Policy ◽  
Structural Changes ◽  
National Level ◽  
Value Added ◽  
Economic Sectors ◽  
Regional Economic ◽  
Services Sector ◽  
Sectoral Structure ◽  
Agriculture Industry ◽  
Level Of Aggregation

The regional economic opportunities for the development of economy are linked to the dynamics of regional disparities formation and to the implementation of adequate regional policy in order to achieve economic efficiency. The socio-economic development of the country depends on the appropriate and effective construction of such regional economic structures, which provide favorable development at both regional and national level. The purpose of this article is to assess the changes in the sectoral structure of the indicators gross value added and employment for the period 2008-2017 and to prove the importance of the services sector as a sector with a growing potential for development. Structural divergences at national level have been assessed at the level of aggregation of three main economic sectors-agriculture, industry and services. The achieved results on the strength and direction of structural changes show that the restructuring takes place at different rates in individual regions, as in regions with a more developed economy and more favorable indicators the dynamics of these processes predetermines structure in which the supply of services is highly prevalent.

Analysis of the development of financial and banking services in Poland in comparison to the European Union countries

2017 ◽  
Vol 62 (10) ◽  
pp. 38-51
Author(s):  
Dorota Pekasiewicz ◽  
Agata Szczukocka
Keyword(s):  
Social Life ◽  
Banking Sector ◽  
Dominant Role ◽  
Value Added ◽  
The European Union ◽  
Banking Services ◽  
Services Sector ◽  
Eu Countries ◽  
Banking Market ◽  
Level Of Economic Development

In recent years the services sector has been playing a dominant role in economic and social life, as reflected by its predominant share in the creation of gross value added, and a growing share of employment. The aim of the article is to draw attention to the development of financial and banking services in Poland as compared to other EU countries. To assess the similarity between the countries multidimensional scaling method was used. The research was based on data for 2014 derived from the European Central Bank. Most of the indicators compared showed a significant — but decreasing — distance between Poland and other EU countries. The results obtained allow us to conclude that the development of the banking sector both in Poland and in other EU countries depends on the level of economic development and the situation on the banking market.

scholarly journals NGHIÊN CỨU THƯỚC ĐO GIÁ TRỊ KINH TẾ GIA TĂNG (ECONOMIC VALUE ADDED- EVA) VÀ CÁC VẤN ĐỀ LIÊN QUAN

2020 ◽  
Vol 34 (04) ◽  
Author(s):  
NGUYỄN NGỌC KHÁNH DUNG
Keyword(s):  
Economic Value ◽  
Value Added ◽  
Viet Nam ◽  
Economic Value Added

Giá trị kinh tế gia tăng (EVA) được sử dụng để đánh giá thành quả hoạt động của nhà quản lý. Kể từ khi công cụ này được công bố tới nay, có nhiều doanh nghiệp tại các quốc gia phát triển đã triển khai ứng dụng và đạt được những thành tựu nhất định. Lần đầu tiên (theo quan điểm của một số nhà nghiên cứu), thước đo này đã trở thành “thủ lĩnh tiên phong” trên “mặt trận” đo lường hiệu quả tài chính của doanh nghiệp nhưng một số nhà nghiên cứu khác thì không đồng thuận như vậy. Bài viết nhằm mục đích khái quát hóa các quan điểm lý luận cũng như kinh nghiệm thực tiễn ứng dụng thước đo EVA trên thế giới, qua đó giúp định hình xu thế và khả năng vận dụng trong thực tiễn hoạt động quản trị doanh nghiệp cũng như nghiên cứu ở Việt Nam. Phương pháp tổng quan nghiên cứu được thực hiện thông qua lược đồ phân loại các dòng nghiên cứu theo thời gian, các vấn đề nghiên cứu đã được giải quyết, các vấn đề còn gây tranh cãi để gợi ý hướng nghiên cứu tiếp theo. Nghiên cứu này kế thừa nghiên cứu của Anil K.Sharma và Satish Kumar (2008) đến 2008 và tổng kết bổ sung các nghiên cứu về EVA đã thực hiện từ năm 2009 đến 2017.

Global value chain linkages and domestic value-added content: Empirical evidence

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Bhushan Praveen Jangam ◽  
Badri Narayan Rath
Keyword(s):  
Value Chain ◽  
Least Squares Method ◽  
Value Added ◽  
Value Chains ◽  
Global Value Chain ◽  
Content Type ◽  
Services Sector ◽  
The Impact ◽  
The Relationship ◽  
Practical Implications

Purpose This paper aims to examine the relationship between global value chains (GVCs) and domestic value-added content (DVA) in a panel of 58 countries for the period 2005–2015. Design/methodology/approach First, the authors quantify the refined measures of GVC linkages by using the Borin and Mancini (2019) decomposition technique. Second, the authors apply the feasible generalised least squares method to test the relationship between GVCs and DVA empirically. Findings First, the authors find that GVC links are crucial to the enhancement of DVA. Second, a study at the sectoral level reveals that GVC links in the primary sector raise DVA whilst reducing DVA in the services sector. Third, the authors find that only upstream activities enhance value-added content. Fourth, the authors note the augmenting role played by national policies in mediating the gains associated with GVCs. Finally, the authors note that the outcomes associated with GVCs are consistent when the sample of countries is divided into groups based on income. Practical implications The results lead us to urge policymakers to promote greater integration of business activities into GVCs to reap their benefits. Originality/value This paper contributes to the research on the impact of GVCs on DVA by emphasising the significance of the types of GVC activities and policies that improve DVA.

scholarly journals Assessing the economic impacts of IT service shutdown during the York flood of 2015 in the UK

2019 ◽  
Vol 475 (2224) ◽  
pp. 20180871 ◽  
Author(s):  
Yang Xia ◽  
Dabo Guan ◽  
Albert E. Steenge ◽  
Erik Dietzenbacher ◽  
Jing Meng ◽  
...  
Keyword(s):  
Extraction Method ◽  
Value Added ◽  
Daily Basis ◽  
It Services ◽  
Services Sector ◽  
It Service ◽  
Business Support ◽  
Single Industry ◽  
Modelling Techniques ◽  
The Uk

In this paper we focus on the ‘Christmas’ flood in York (UK), 2015. The case is special in the sense that little infrastructure was lost or damaged, while a single industry (IT services) was completely knocked out for a limited time. Due to these characteristics, the standard modelling techniques are no longer appropriate. An alternative option is provided by the Hypothetical Extraction Method, or HEM. However, there are restrictions in using the HEM, one being that no realistic substitutes exist for inputs from industries that were affected. In this paper we discuss these restrictions and show that the HEM performs well in the York flood case. In the empirical part of this paper we show that a three-day shutdown of the IT services caused a £3.24 m to £4.23 m loss in York, which is equivalent to 10% of the three days' average GVA (Gross Value Added) of York city. The services sector (excluding IT services) sustained the greatest loss at £0.80 m, where the business support industry which was predominantly hit. This study is the first to apply a HEM in this type of flood on a daily basis.

scholarly journals Structural transformations of the EU industrial sector

2020 ◽  
Vol 2020 (3) ◽  
pp. 97-125
Author(s):  
Ksenia Skorik ◽  
Keyword(s):  
Labor Productivity ◽  
Industrial Policy ◽  
Structural Changes ◽  
Value Added ◽  
Industrial Sector ◽  
Academic Community ◽  
Services Sector ◽  
Gross Value Added ◽  
Lower Productivity ◽  
The Eu

The issue of industrial policy and industrial problems is one of the most controversial in the European academic community. Even today, we see a lack of theoretical basis for decision-making on industrial policy issues. The main purpose of the publication is to assess the contribution of industry to the socio-economic development of the EU and its member states, as well as to the dynamic structural changes that took place during 2000-2019. To achieve the article's goal, the author uses such indicators as the share of the industrial sector in the generation of gross value added, employment, labor productivity, and exports/imports. The article reveals a general trend to increase in the share of the services sector in the generation of gross value added for the EU-28 and to decrease in the share of the industrial sector. It is established that industry remains an important sector for the EU economy, and for the EU-28, it provides almost 20% of gross value added and more than 70% of total exports, and accounts for about 15% of the employed population. For each of the EU countries, the socio-economic contribution of industry is different - for Central and Eastern Europe, it is more important in the generation of gross value added and employment than for the EU founder countries of the euro area (the EU-15 group). It is found that labor productivity in the EU-15 is higher than in other countries. Growing labor productivity is typical for Denmark, the Netherlands, Ireland, Sweden, and Great Britain, while lower productivity - for such CEE countries as Bulgaria, Romania, Lithuania, and Latvia. At the same time, growth rates of all industrial indicators in the latter countries is much higher than in the EU-15. The author considers the new EU industrial policy and various problems of the industrial sector in the EU. The study was carried out on the statistical basis of the European Commission using the methodology of Polish scientists of the Warsaw School of Economics to study the new industrial policy (Krzysztof Falkowski, Adam A. Ambroziak 2015).

Development of services in selected countries in the world

2015 ◽  
Vol 60 (10) ◽  
pp. 75-84
Author(s):  
Agata Szczukocka
Keyword(s):  
Comparative Analysis ◽  
Research And Development ◽  
Service Sector ◽  
Statistical Data ◽  
Value Added ◽  
Services Sector ◽  
Gross Value Added ◽  
The World ◽  
Similarities And Differences ◽  
Intensive Development

Intensive development of the service sector (as evidenced by economic indicators, such as gross value added and employment levels) pointed out the similarities and differences existing in the world. The study used statistical data on gross value added, employed, exports and imports of services and spending on research and development. To conduct a comparative analysis Ward methods and multidimensional scaling were used. The application of these methods made it possible to isolate groups of countries are similar in terms of the development of the services sector and the countries in which this development is significantly different from the others.

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