Comparative performance of Belarusian industries

Reads: 1200
Downloads: 5

Growth itself does not create value. Economic value is created by investment in excess return compared to its cost. This statement is one of the central in microeconomic theory and drives the development of a single firm through an industry to a country‟s economy. Principle of economic value added to invested capital is directly employed in Economic Value Added (EVA) indicator. In this article we make the first attempt to calculate EVA for Belarus at the industry level using aggregate indicators according to the common methodology. In our case primary data such as net economic profit, investment and cost of capital are aggregates for each sector defined in internationally comparable Industrial Classification System only recently built in Belarus.

Valetka Uladzimir
Naŭrodski Sierž
Download full text 
Download 342.83 KB
Last updated 18.09.2015
Found an error? Select error with your mouse and press Ctrl + Enter
You are reporting a typo in the following text:
Simply click the "Send typo report" button to complete the report. You can also include a comment.