Authors

David LimFollow

Document Type

Journal Article

Publication Date

1976

Keywords

Capital-intensity, Capital-labour ratio, Developing countries

DOI

10.1007/BF02705986

Abstract

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...

Source Publication

Weltwirtschaftliches Archiv

Volume Number

112

Issue Number

4

ISSN

0043-2636

First Page

760

Last Page

766