Title :
Value creation in Portugal
Author :
Leal, Vera S. ; Fernandes, António S C
Author_Institution :
Center for Manage. Studies, Inst. Super. Tecnico - UTL, Lisbon, Portugal
Abstract :
This study aims to quantify the value creation in Portugal, comparing it to the value creation in other European countries. After a state of the art review, an algorithm was identified that computes the created value as the difference between Gross Value Added and the replacement needs of the stock of value. It was applied to long term data of economic sectors in Portugal and in other European countries. The results show a sensitive indicator of short-term changes, and very dependent on the established minimum rate of return.
Keywords :
economic indicators; European countries; Portugal; economic sectors; gross value added; value creation; Algorithm design and analysis; Companies; Economic indicators; Europe; Production; Technological innovation; Economic value; Gross Value Added; Minimum Value to Return; Technology value; Value creation;
Conference_Titel :
EUROCON - International Conference on Computer as a Tool (EUROCON), 2011 IEEE
Conference_Location :
Lisbon
Print_ISBN :
978-1-4244-7486-8
DOI :
10.1109/EUROCON.2011.5929210