2021
Taking Account of International Labour and Capital Flows by Cost Minimizing Input Choice
KONEČNÝ, Zdeněk and Tomáš JEŘÁBEKBasic information
Original name
Taking Account of International Labour and Capital Flows by Cost Minimizing Input Choice
Authors
KONEČNÝ, Zdeněk and Tomáš JEŘÁBEK (203 Czech Republic, guarantor, belonging to the institution)
Edition
Czech Hospitality and Tourism Papers, Praha, Institute of Hospitality Management, 2021, 2571-0389
Other information
Language
English
Type of outcome
Article in a journal
Field of Study
50200 5.2 Economics and Business
Country of publisher
Czech Republic
Confidentiality degree
is not subject to a state or trade secret
References:
Organization unit
AMBIS University
Keywords in English
capital; capital-labour ratio; cost minimizing input choice; international labour and capital flows; labour
Tags
Tags
Reviewed
Changed: 13/4/2023 21:52, Bc. Olga Puldová
Abstract
In the original language
The international flows of inputs can affect their unit prices. The research should find out, which input becomes more favourable thanks to internationalization. There are determined regression lines describing the impact of both international inputs on their costs just as their proportion. There was discovered a positive linear dependence by wages, their compensations and statutory social security contributions and a weak or non-linear correlation by remaining labour costs just as by cost of capital. But there are raised the relative labour costs to cost of capital.