Factor share


 

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Factor share

The fraction of payments to value added in an industry that goes to a particular primary factor.



Similar Matches

Primary factor

Primary factor

An input that exists as a stock providing services that contribute to production. The stock is not used up in production, although it may deteriorate with use, providing a smaller flow of services later. The major primary factors are labor, capital, human capital (or skilled labor), land, and sometimes natural resources.


Scarce factor

Scarce factor

The factor in a country's endowment with which it is least well endowed, relative to other factors, compared to other countries. May be defined by quantity or by price.


Factor augmenting

Factor augmenting

Said of a technological change or technological difference if production functions differ by scaling of a factor input only: F2(V1,V2)=F1(lV1,V2), where F1(·) and F2(·) are the production functions being compared, V1 is the factor being augmented, V2 is a vector of all other factor inputs, and l is a constant.


Factor-using

Factor-using

Biased in favor of using more of a particular factor.


Factor mobility

Factor mobility

The degree to which a factor of production, such as labor or capital, is able to move, either among industries or between countries, in response to differences in its factor price, thus tending to eliminate such differences.


Further Suggestions

Conversion factors
Factor abundance
Pool factor
Specific factor
Factor content
Factor endowment
One factor APT
Amortization factor
Factor intensity reversal
Factor space
price earnings growth factor
Common factor
Risk factor
Total factor productivity
Factor bias
factoring
International factor movement
Single factor model
Factor intensity uniformity
Factor price equalization
Maturity factoring
Factor movement
Factor price
Specific factors model
Discount factor


 
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