THE IMPACT ON RETURN ON ASSETS CHANGES IN ASSETS AND PRODUCTIVITY
Keywords:capital productivity, railway, numbers
The article examines the index of capital productivity and the efficiency of use of fixed assets of a railway. There have been used performances of a selected railway, and estimation has been made of the change of capital productivity resulting from the increase of capital/labour ratio as a primary factor affecting the capital and labour productivity. Quantitative dependence of capital productivity has been studied separately from each of the factors, and then – jointly, by way of correlation-regressive analysis. In writing the article there have been used main performances of a railway operation during a seven-year period, and the method of relative numbers.
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