capital widening

capital widening

an increase in the CAPITAL input in the economy (see ECONOMIC GROWTH) at the same rate as the increase in the LABOUR input so that the proportion in which capital and labour are combined to produce national output remains unchanged. See CAPITAL DEEPENING, CAPITAL-LABOUR RATIO, PRODUCTIVITY.
References in periodicals archive ?
At some point the set of assumptions underlying this pure example of capital widening will cease to be valid.
Strong growth in business fixed investment, sustained by healthy profits and lower interest rates, is becoming more focused on capital widening as enterprises respond to increased capacity utilisation.