Unit labor requirement


 

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Unit labor requirement

The amount of labor used per unit of output in an industry; the ratio of labor to output. In a Heckscher-Ohlin Model this varies along an isoquant as different techniques are chosen in response to different factor prices. But in a Ricardian model, these are the constant building blocks for defining comparative advantage and determining behavior.



Similar Matches

Margin requirement

Margin requirement

A performance bond paid upon purchase of a futures contract that protects the exchange clearinghouse from loss.


Public Sector Net Cash Requirement

Public Sector Net Cash Requirement

Formerly known as Public Sector Borrowing Requirement (PSBR), PSNCR is the difference between the expenditure of the public sector and its income. Where there is a deficit it is financed by borrowing - principally via the sale of government gilt edged stocks (gilts).Public sector net borrowing also measures the difference between the expenditure and income of the public sector but differs from the net cash requirement in that it is measured on an accruals basis whereas the net cash requirement is mainly a cash measure.


Offset requirement

Offset requirement

As a condition for importing into a country, a requirment that foreign exporters purchase domestic products and/or invest in the importing country.


Public Sector Borrowing Requirement

Public Sector Borrowing Requirement

See 'Public Sector Net Cash Requirement (PSNCR)'.


Advance deposit requirement

Advance deposit requirement

A requirement that some proportion of the value of imports, or of import duties, be deposited prior to payment, without competitive interest being paid.


Further Suggestions

Export requirement
minimum funding requirement
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Sinking fund requirement
Net capital requirement
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Listing requirements
Content requirement
Margin requirement (options)
Requirement Indicator Matrix
Assets requirements
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Export performance requirement
Dividend requirement
Capital requirements
Materials requirement planning
Initial margin requirement
Performance requirement


 
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