From ACT Wiki
Capital deepening is an increase in a firm's capital to labour ratio.
- Fitch EM growth prospects warning
- "Fitch economist Maxime Darmet noted that a slowdown in investment growth 'feeds through to lower labour productivity growth as we see less scope for increases in the capital to labour ratio, or "capital deepening".'"
- The Treasurer magazine, Cash Management Edition April 2019, p8.