The paper is focused on the disputation with Mojmir Hajek on the field of the measurement of the total factor productivity index. We point out the interpretation obstacles connected to this measurement and its results at a level of the whole economy as well as of its industries. We also refer to...

More than 30% of the population lives in less favoured areas in the Czech Republic. These areas are characterized by a number of limitations such as shorter growing season, lower average annual temperature, the worse traffic conditions, higher environmental protection and others. Sustainable...