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marginal productivity of capital वाक्य

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  • I tested him by means of a question about the " Wicksell effect ", i . e . the special aspects of the marginal productivity of capital, which at that time was practically unknown in most countries outside of Scandinavia.
  • Both Radelet and Sachs agreed that Krugman's critique is correct on a general point . " To the extent that growth is driven by capital accumulation rather than pure productivity gains, the marginal productivity of capital is likely to decline as the capital stock deepens-- that is, as capital per worker in the Asian economies rises to the level of Western economies, " they said.

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