Change of Participation of Basic Factors Production in the Value of the Sold Production of Coal Mining

Authors

  • Tadeusz FRANIK Author

DOI:

https://doi.org/10.29227/IM-2016-02-10

Keywords:

mining and quarrying, factors of production, the productiveness, function of production

Abstract

The article includes the comparative analysis of degree of utilization of the basic factors of production polish hard coal mining (effort of human labor and capital) in the 2005–2014 to the 1995–2004 (when the restructuring was carried out).The measure of the effect of activity is the value of the sold production of mining industry. In the article also identified the movement of the productivity indicators factors of production. In this paper the approximation of the structural parameters production function for assumed power series models this function was done. This models can be used to evaluate changes of degree of utilization of the basic factors in polish coal mining.

Author Biography

  • Tadeusz FRANIK

    Dr inż.; AGH University of Science and Technology, 30 Mickiewicza, Kraków 30-059, Poland; email: franik@agh.edu.pl

Published

2016-12-02