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Capital Services
In economics, capital services refer to a chain-type index of service flows derived from the stock of physical assets and software. These assets are coordination, equipment, software, structures, land, and inventories. Capital services are estimated as a capital-income weighted average of the growth rates of each asset. Capital services differ from capital stocks because short-lived assets such as equipment and software provide more services per unit of stock than long-lived assets such as land. Unlike capital goods, capital services are owned by the person or group of people providing them. See also * Bureau of Labor Statistics * Capital goods * Capital stocks * Progressive theory of capital References External links Capital services in glossary U.S. Bureau of Labor Statistics Division of Information Services Capital Goods and Services University of North Carolina The University of North Carolina is the Public university, public university system for the state of North Ca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economics
Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interactions of Agent (economics), economic agents and how economy, economies work. Microeconomics analyses what is viewed as basic elements within economy, economies, including individual agents and market (economics), markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyses economies as systems where production, distribution, consumption, savings, and Expenditure, investment expenditure interact; and the factors of production affecting them, such as: Labour (human activity), labour, Capital (economics), capital, Land (economics), land, and Entrepreneurship, enterprise, inflation, economic growth, and public policies that impact gloss ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capital Goods
In economics, capital goods or capital are "those durable produced goods that are in turn used as productive inputs for further production" of goods and services. A typical example is the machinery used in a factory. At the macroeconomic level, "the nation's capital stock includes buildings, equipment, software, and inventories during a given year." The means of production is as a "... series of heterogeneous commodities, each having specific technical characteristics ..." "capital goods", are one of the three types of intermediate goods used in the production process, the other two being land and labour. The three are also known collectively as "primary factors of production". This classification originated during the classical economics period and has remained the dominant method for classification. Capital can be increased by the use of a production process (see production function and factors of production). Outputs of the production process are normally classif ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bureau Of Labor Statistics
The Bureau of Labor Statistics (BLS) is a unit of the United States Department of Labor. It is the principal fact-finding agency for the government of the United States, U.S. government in the broad field of labor economics, labor economics and statistics and serves as a principal agency of the Federal Statistical System of the United States, U.S. Federal Statistical System. The BLS collects, processes, analyzes, and disseminates essential statistical data to the American public, the United States Congress, U.S. Congress, other Federal agencies, State and local governments, business, and labor representatives. The BLS also serves as a statistical resource to the United States Department of Labor, and conducts research measuring the income levels families need to maintain a satisfactory quality of life. BLS data must satisfy a number of criteria, including relevance to current social and economic issues, timeliness in reflecting today's rapidly changing economic conditions, accur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capital Goods
In economics, capital goods or capital are "those durable produced goods that are in turn used as productive inputs for further production" of goods and services. A typical example is the machinery used in a factory. At the macroeconomic level, "the nation's capital stock includes buildings, equipment, software, and inventories during a given year." The means of production is as a "... series of heterogeneous commodities, each having specific technical characteristics ..." "capital goods", are one of the three types of intermediate goods used in the production process, the other two being land and labour. The three are also known collectively as "primary factors of production". This classification originated during the classical economics period and has remained the dominant method for classification. Capital can be increased by the use of a production process (see production function and factors of production). Outputs of the production process are normally classif ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capital Stocks
Capital and its variations may refer to: Common uses * Capital city, a municipality of primary status ** Capital region, a metropolitan region containing the capital ** List of national capitals * Capital letter, an upper-case letter Economics and social sciences * Capital (economics), the durable produced goods used for further production * Capital (Marxism), a central concept in Marxian critique of political economy * Economic capital * Financial capital, an economic resource measured in terms of money * Capital good * Human capital * Natural capital * Public capital * Social capital Architecture and buildings * Capital (architecture), the topmost member of a column or pilaster * The Capital (building), a commercial building in Mumbai, India * Capital (fortification), a proportion of a bastion Arts, entertainment and media Literature Books * ''Capital'' (novel), by John Lanchester, 2012 * ''Das Kapital'' ('Capital: Critique of Political Economy'), a foundational ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Progressive Theory Of Capital
The progressive theory of capital is an economic theory posited by Léon Walras in 1874 in part 5 of his book ''Elements of Pure Economics''. See also * Capital (economics) * Capital goods * Capital services * Capital stocks * Walras-Cassel System * Walrasian General Equilibrium Theory * Capital and Investment Theory * Léon Walras References Further reading * E. Barone (1895) "Sopra un Libro del Wicksell", Giornale degli Economisti, Vol. 11, p. 524-39. * J.v. Daal and A. Jolink (1993) The Equilibrium Economics of Léon Walras. London: Routledge. *W. Jaffé (1942) "Léon Walras' Theory of Capital Accumulation", in O. Lange, F. McIntyre and O. Yntema, editors, Studies in Mathematical Economics and Econometrics. Chicago: University of Chicago Press. *T. Kompas (1992) Studies in the History of Long-Run Equilibrium Theory. Manchester, UK: Manchester University Press. *D.A. Walker (1996) Walras's Market Models. Cambridge, UK: Cambridge University Press. *L. Walras (1874) Elements ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of North Carolina
The University of North Carolina is the Public university, public university system for the state of North Carolina. Overseeing the state's 16 public universities and the North Carolina School of Science and Mathematics, it is commonly referred to as the UNC System to differentiate it from its first campus, University of North Carolina at Chapel Hill, UNC-Chapel Hill. The university system has a total enrollment of 244,507 students as of fall 2021. UNC campuses conferred 62,930 degrees in 2020–2021, the bulk of which were at the bachelor's level, with 44,309 degrees awarded. In 2008, the UNC System conferred over 75% of all baccalaureate degrees in North Carolina. History Foundations Founded in 1789, the University of North Carolina at Chapel Hill (at the time called the University of North Carolina) is one of three schools to claim the title of oldest public university in the United States. It closed from 1871 to 1875, faced with serious financial and enrollment proble ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
