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Factor share |
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Factor shareThe fraction of payments to value added in an industry that goes to a particular primary factor.Similar MatchesPrimary factorPrimary factorAn 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 factorScarce factorThe 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 augmentingFactor augmentingSaid 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-usingFactor-usingBiased in favor of using more of a particular factor. Factor mobilityFactor mobilityThe 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 SuggestionsConversion factorsFactor 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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