TERMIUM Plus®

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labor-land ratio [1 record]

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Record 1 2014-11-25

English

Subject field(s)
  • Econometrics
  • Financial and Budgetary Management
OBS

The increasing labor-land and decreasing output-land ratios mean a declining contribution of each last (or marginal) worker to product, and hence declining real wage rates.

Key term(s)
  • labour-land ratio

French

Domaine(s)
  • Économétrie
  • Gestion budgétaire et financière

Spanish

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