Capital to labour ratio: Difference between revisions
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imported>Doug Williamson (Create page. Source: Economics Help webpage.) |
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Revision as of 14:04, 7 April 2018
The ratio of a firm's capital assets to its spending on labour.
Capital-to-labour rates stagnate
- "Firms have hired workers to produce more to meet the rising demand rather than investing in new capacaties.
- As a result capital-to-labour ratios and rates of productivity growth have stagnated."
- The Treasurer magazine, April 2018, p15 - Kallum Pickering, senior UK economist, Berenberg Bank.