capital deepening การใช้

Greenspan agreed with that view, saying that technology investment has " stepped up the pace of capital deepening and increased productivity growth ."
"Such expectations, should they persist, bode well for continued capital deepening and sustained growth of structural productivity over the long run, " he said.
Hence, MFP growth is almost always lower than ALP growth . ( Therefore, measuring in ALP terms increases the apparent capital deepening effect . ) MFP is measured by the " Solow residual ", not ALP.
While all of Asia has continued room for significant growth, the high-income East Asian economies are likely to grow more slowly in the next 30 years than in the past 30 because of both capital deepening and demographic changes.
If these foundations are successfully laid, Radelet and Sachs predict that Asia will achieve continuing significant growth, even though in the next 30 years growth will be slower than in the past 30 because of capital deepening and demographic changes.