Antyefektywnościowe oddziaływanie inflacyjnego ruchu cen
Streszczenie
The article aims at showing - on the basis of the analysis of financial
data that an upward movement of prices results in anti-effectlvenees behaviours
of companies generated by the resulting income redistribution effects.
Tim analysis presented in the article Is of an empirical character and it
rests upon 31 dynamics indices and 38 indices incorporating a profitability
rate and tax deduction, as well as other financial-type relations. The indices
were estimated on the basis of data gathered in two groups of companies (18
and 43 respectively) for the period 1985-1987. Facing the Impact of redistribution effects in costs (due to increases of
prices for industrial supplies) companies were rasing prices of their final
products at a rate corresponding more or less to a rate of growth of prices
for industrial suplies. Companies were responding to price Increases by raising
wages at a rate lower than the rate of growth of prices. Another measure
adopted by them were changes in assortment structure prompted by a desire
to reduce the burden of turnover tax. All those measures taken by companies
were affected by redistributive steps adopted by the central authorities in
relation to financial effects of companies in the form of tax reliefs, which
ultimately led to inability of companies to pursue socially-rational behaviours
.
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