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A hó végi hajrá és gazdasági mechanizmusunk

End-of-month rush and the mechanism of our economy

András Bródy

Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), 2014, vol. LXI, issue 10, 1101-1113

Abstract: The study reviews some findings of research done at the Institute of Economics on evening the pace of industrial production. The main conclusions are these: 1. End-of-month rush is marked less by an uneven pace in the production process as by an irregular pace of turning out finished goods. 2. The reasons for this are compulsory periodical reporting and material interests linked with fulfilment of the monthly production plan. 3. The basis for the phenomenon is lack of reserves. Diminishing reserves accentuate an irregular pace and help to make it general. On the other hand, rushed work itself and its concomitant symptoms absorb the very stocks and reserves that could attenuate the rush. The study rests on historical experience and logical analysis: it argues against views that seek the real reasons for irregular production in enterprise errors by and badly organized production, and interpret irregularity in the production pace as an index of latent reserves and unused capacity.

JEL-codes: P21 (search for similar items in EconPapers)
Date: 2014
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