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

Minimum funding requirement

Minimum funding requirement

A rule introduced in the wake of the Maxwell pensions scandal which was intended to ensure that company pensions funds always had enough assets to pay out their liabilities (i.e. pensions to retired members of the scheme).The legislation uses the yield from long term gilts as the yardstick by which a pensions fund's liabilities are measured. To stay within the rules, funds have felt obliged to buy these long-term bonds, with the result that their price has gone sky high.One alternative being considered is to change the whole way liabilities are valued and, in effect, to allow the funds to invest in more exciting securities than gilts, but to couple this with an insurance fund that bails out those funds that are unable to meet their liabilities. This insurance fund would be called the Central Discontinuance Fund (CDF).


Local content requirement

Local content requirement

See domestic content requirement.


Export requirement

Export requirement

A requirement by the government of the host country for FDI that the investor export a certain amount or percentage of its output.


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.


Public Sector Borrowing Requirement

Public Sector Borrowing Requirement

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


Further Suggestions

Offset requirement
Sinking fund requirement
Public Sector Net Cash Requirement
Margin requirement (options)
Materials requirement planning
Capital requirements
Export performance requirement
Listing requirements
Requirement Indicator Matrix
Reserve requirements
Performance requirement
Assets requirements
Margin requirement
Domestic content requirement
Content requirement
Dividend requirement
Net capital requirement
Initial margin requirement


 
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