Capital-intensity, Capital-labour ratio, Developing countries
The problem of the choice of technique in less developed countries has featured prominently in the literature on economic develop- ment I. This paper shows that despite such interest attempts to measure capital-intensity still leave much to be desired and argues that a modified capital-labour ratio, with capital adjusted for utilization and labour to refer to the number of production workers on the biggest shift, is the theoretically most suitable measure of capital-intensity...
Lim, D. (1976). On the measurement of capital-Intensity. Weltwirtschaftliches Archiv, 112 (4), 760-766. http://dx.doi.org/10.1007/BF02705986