factor income


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Factor Income

The income one derives from the sale of the means of production, namely land, labor and capital. Rent is the factor income from land; wages and salaries are the incomes from the sale of labor. Finally, dividends represent factor income from capital.

factor income

see NATIONAL INCOME.
References in periodicals archive ?
The current account - a measure of net international trade in goods, services, factor income and transfers - saw its surplus narrow from KWD 20.
Measuring Factor Income Shares at the Sectoral Level.
As original factor income does not require further deductions, from savings the original factors earn a net income of 83 ounces.
It is also expected that the net factor income will increase by 15.
As factor income (wages and profits) is approximately 20 percent of GRP for the Rockhampton economy, the loss of economic surplus is estimated at approximately $7 million.
He added that net factor income from abroad has increased from Rs.
In addition, we disaggregate euro area current accounts into trade balances, net factor income, and net current transfers.
8 percent of GDP, mainly due to net factor income from abroad.
The current account is calculated using trade balance combined with net factor income from abroad, or FDI, and net unilateral transfers from abroad, or remittances.
If you apply for life insurance when you're unemployed, the life insurance carrier could insure you for less than you might like, because it may factor income into its underwriting.
11 billion) in the first quarter, representing a net external factor income inflow of the same amount, and equivalent to 2.