TOTAL PRODUCTIVITY AND PROFITABILITY ANALYSES OF TURKISH BORON MINING

Authors : Seyhan ÖNDER, Adnan KONUK

Pages : 107-116

Doi:10.31796/ogummf.404467

View : 18 | Download : 13

Publication Date : 2018-09-30

Article Type : Research Paper

Abstract :Productivity is one of the primary indicators used to determine enterprise performances. The fact that profitability is high in Turkey Boron Mining sector has led to undervaluing the studies related to productivity. Due to the structure of the boron market and the product range’s quality to be able to substitute for each other, the potential future price drops to be caused by competition is considered to draw attention to productivity measurement and assessment studies. In this study, the model called as “Aggregate Index for the Analysis of Total Productivity and Rentability (AIPR)” was restructured by means of Fisher Ideal Index. The developed model was applied to Turkey Boron Mining Sector between the years 1980 and 2001 in order to see the current position with regard to productivity and to determine which points to focus on to increase productivity. It was established that the sector’s profitability and productivity level according to the base year was high and that technological change played the leading role in achieving high productivity. Also in this study, statistical analyses were carried out in order to determine the relation between the input parameters of Turkey Boron Mining Sector and indices of productivity and profitability.
Keywords : Productivity Analysis, Boron Mining