The additional use of physical capital while labor input remains unchanged; capital intensity increases (capital per worker is increasing, it is an increase in the capital intensity. Capital deepening is often measured by the capital stock per labor hour). As a rule, this also increases labor productivity. – See capital deepening, capital intensity, productivity.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
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https://www.gerhardmerk.de/