Capital Utilisation and Input Substitution

  • David Heathfield


It has long been recognised that production studies have lacked any satisfactory treatment of capital utilisation. Perhaps the paucity of data discouraged theoretical developments or perhaps little effort was expended on gathering data until some theoretical case was made for doing so.


Capital Stock Technical Progress Capital Ratio Labour Capital Ratio Capital Service 
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Copyright information

© David Heathfield 1979

Authors and Affiliations

  • David Heathfield
    • 1
  1. 1.University of SouthamptonUK

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