Capital Theory pp 178-182 | Cite as

Fixed capital

  • Paolo Varri
Part of the The New Palgrave book series (NPA)

Abstract

Fixed capital is the term traditionally used to indicate durable means of production, that is all those inputs of the productive process (such as tools, machines and equipment) that are not exhausted in one single period of production. Non-durable means of production, by contrast defined circulating capital, include raw materials, energy, direct labour, semi-finished goods, etc.

Keywords

Income 

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Bibliography

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Copyright information

© Palgrave Macmillan, a division of Macmillan Publishers Limited 1990

Authors and Affiliations

  • Paolo Varri

There are no affiliations available

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