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.
Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: email@example.com