Systems may use trucks, engines and airplanes, but they also Require buildings in which operations are housed. They provide is complementary to that of machines. In contrast,īuildings account for about 40%. Than 32% of total capital in Canada in 1999 (Table 3). The recent high-tech boom has led to an emphasis on high-techĭespite the attention that is paid to M&E, it accounts for no more Reinforced the importance that is traditionally given to machinery. Spinning jenny, the power loom and agricultural equipment that have The evolution of machinery and equipment ( M&E). The history of technology tends to focus on Rates, there is less agreement on the relative importance ofĭifferent asset types. While capital is seen to have an important impact on growth 4.1 Overall trends in investment and capital intensities in the We then compare the capital intensities in the Levels of capital intensities in the business sector in Canada and In the remainder of the section, we first present the relative Goods and products in general in the two economies. Here may be due to relative price differences between investment Since we do not do so, the reader shouldīe aware that part of the difference in capital intensity revealed Wished to go further, we would have to derive purchasing power We make no comparisons of capital or GDP across countries rather weĬompare each within countries, using the respective currencies ofĮach country and then the ratios across the two countries. Ratio of capital stock to gross domestic product ( GDP), between Canada and the United In this study, we compare capital intensity, defined as the Please " contact us" to request a format other than those available. It is not subject to the Government of Canada Web Standards and has not been altered or updated since it was archived. Information identified as archived is provided for reference, research or recordkeeping purposes.
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