capital-output ratio — measure of the capital invested in a company in relation to the scope of production used to assess efficient use of capital … English contemporary dictionary
Incremental capital-output ratio — The Incremental Capital Output Ratio (ICOR), is the ratio of investment to growth which equals to 1 divided by the marginal product of capital. The higher the ICOR, the lower the productivity of capital. The ICOR can be thought of as a measure of … Wikipedia
Incremental Capital Output Ratio - ICOR — A metric that assesses the marginal amount of investment capital necessary for an entity to generate the next unit of production. Overall, a higher ICOR value is not preferred because it indicates that the entity s production is inefficient. The… … Investment dictionary
Capital accumulation — Most generally, the accumulation of capital refers simply to the gathering or amassment of objects of value; the increase in wealth; or the creation of wealth. Capital can be generally defined as assets invested with the expectation that their… … Wikipedia
capital-intensive production — This refers to techniques of production , and represents the proportion of capital (machinery, equipment, inventories) relative to labour , measured by the capital labour ratio. The term is frequently used in the development literature to… … Dictionary of sociology
Organic composition of capital — Part of a series on Marxism … Wikipedia
Output (economics) — Output in economics is the quantity of goods or services produced in a given time period, by a firm, industry, or country, [1] whether consumed or used for further production.[2] The concept of national output is absolutely essential in the field … Wikipedia
Capital, Volume I — is the first of three volumes in Karl Marx s monumental work, Das Kapital, and the only volume to be published during his lifetime. Originally published in 1867, Marx s aim in Capital, Volume I is to uncover and explain the laws specific to the… … Wikipedia
Marginal product of capital — (MPK) is the additional output resulting from the use of an additional unit of capital (ceteris paribus assuming all other factors are fixed). It equals 1 divided by the Incremental capital output ratio. It is the partial derivative of the… … Wikipedia
capital coefficient — noun : the ratio of the value of capital to the value of output … Useful english dictionary
organic composition of capital — The ratio between constant and variable capital in total capital , measured in value terms. In lay terms this can be understood as the capital/labour ratio, or the proportion of output contributed by raw materials, machinery and other inputs,… … Dictionary of sociology