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单词 capital deepening
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capital deepening
capital deepening n. Economics an increase in the amount of capital put into a process, economy, etc., relative to the amount of labour, resulting in a rising capital–labour ratio; cf. capital widening n.
ΚΠ
1937 Economica 4 277 The multiplier which is implicitly used is the ex-post multiplier which does not suffer from the shortcoming of the neo-Cambridge school in excluding the capital ‘deepening’ phenomenon in the cumulative process.
1999 Economist 20 Nov. 65/2 About a third of the improvement in potential productivity..comes from capital deepening, which largely reflects investment in..computers.
2009 R. J. Barbera Cost of Capitalism viii. 100 By giving Asian workers more machines—capital deepening—their productivity rose rapidly, supporting rapid economic growth rates.
extracted from capitaladj.n.2
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