Capital Productivity Value Added

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Definition

Capital Productivity Value Added. A ratio of a quantity index of value added to a quantity index of capital input

Changes in capital productivity indicate the extent to which output growth can be achieved with lower welfare costs in the form of foregone consumption.

See Also


Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.