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Type of publication: research article
Type of publication (PDB): Straipsnis kitose duomenų bazėse / Article in other databases (S4)
Field of Science: Ekonomika / Economics (S004)
Author(s): Čepinskis, Jonas;Bendoraitienė, Evelina
Title: Lietuvos baldų pramonės pokyčiai ir tendencijos ekonominės krizės laikotarpiu
Other Title: Changes in Lithuanian furniture industry during economic crisis and its perspectives
Is part of: Taikomoji ekonomika: sisteminiai tyrimai = Applied economics: systematic research. Kaunas : Vytauto Didžiojo universitetas, T. 6, nr. 1 (2012)
Extent: p. 73-84
Date: 2012
Keywords: Pramonė;Ekonomikos cikliškumas;Ekonominė krizė;Industry;Business cycle;Economic crisis
Abstract: Straipsnis skirtas situacijai bei tendencijoms Lietuvos baldų pramonėje baigiantis ekonominei krizei. Straipsnio autoriai, remdamiesi surinkta teorine bei praktine medžiaga analizuoja pokyčius Lietuvos baldų pramonėje bei numato ateities perspektyvas
Until world economic crisis Lithuanian furniture industry was showing extreme growth and was one of the biggest part of country’s surplus value creating industry and the most employed sector. Lithuanian furniture sector was negatively influenced by world‘s economic crisis. It is obvious that the recovery of all Lithuanian industry directly depends from future perspectives of furniture industry. The researches analyzing Lithuanian furniture industry are analyzing only the competition and creation of clusters in this sector (Navickas, Malakauskaitė, 2005; LMA, 2004). Most of such reports are prepared by Lithuanian wood association and wood industry companies’ portal. Till now the researches that would analyze the changes and future perspectives in this sector at the end of economic crisis has not been done yet. Economic growth is being defined according to business cycle. The business cycles, it frequents and consequences may vary in different countries. According to R. Dornbusch, S. M. Fischer and R. Start (1998) business cycle has four phases: depression, recovery, growth (jump) and recession. V. Kvainauskaitė and V. Snieška (2003) are dividing business cycle into six phases: growth, boom, warning, recession, depression and recovery. During depression or economic crisis GNP or GDP are at the lowest level and unemployment – highest. Mostly the researches are using these indicators while defining the business cycle: GNP or GDP, unemployment, inflation, foreign trade balance, average wage and average return on equity (Martinez, Aguilera, 2009; Gali, 2008; Bernatonytė, Normantienė, 2009; Martinez, Aguilera, 2009; Albertazzi, Gambacorta, 2008). The analyzes of Lithuanian statistical figures has shown economical recession during the period of 2008 - 2010. [...]
Affiliation(s): Finansų katedra
Vytauto Didžiojo universitetas
Appears in Collections:Taikomoji ekonomika: sisteminiai tyrimai / Applied Economics: Systematic Research 2012, nr. 6(1)
Universiteto mokslo publikacijos / University Research Publications

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