Capital Yields Assessment Trough Cross Section Production Function

A theoretical support for capital yields determination is presented based on the neo-classical microeconomics assumptions. Starting by relevant production function of a sector and having in mind an optimising behaviour of firms, we propose to measure the capital yields by the help of a minimum marginal product of capital in the industrial sector. The analysis of sector is completed by defining a technical efficiency and its computation. The survey of the real rate of return and technical efficiency of five sectors of Czech economy is presented in the article. Computed rates of return could be adjusted and used as a discount factor for  valuation of firms of given sector.