ECONOMIC CRISIS IMPACTS ON EMPLOYMENT AND ECONOMIC PERFORMANCE IN CZECH GLASS INDUSTRY
ECONOMIC CRISIS IMPACTS ON EMPLOYMENT AND ECONOMIC PERFORMANCE IN CZECH GLASS INDUSTRY

Author(s): VÁCLAV NOVÁK, Miroslav KOPÁČEK
Subject(s): Business Economy / Management, Financial Markets, Socio-Economic Research
Published by: Masarykova univerzita nakladatelství
Keywords: Czech Glass Industry; Economic Performance; Economic Crisis;
Summary/Abstract: This article proposes to capture if and how the last world economic crisis, which afflicted the Czech economy in second half of the year 2008, influenced the Czech glass industry. In the years 2007-2014 the development of employment and aggregated values of account value added was compared, of both Czech glass industry and the entire manufacturing industry. The analysis indicated that the economic crisis intervented Czech glass industry a year earlier and with higher intensity than the entire manufacturing industry. The deeper analysis showed the inner differences in economic performance in the fractional groups of companies, divided by the final use of their products.

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