decomposition of capital

decomposition of capital

the process in which the ownership of CAPITAL, as the outcome of share ownership, becomes widely dispersed. The extent to which this process alters the effective control of major capitalists or the logic of CAPITALISM is much debated – see DAHRENDORF, MANAGERIAL REVOLUTION.
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Equation (6) expresses the decomposition of capital productivity growth into the contributions of labor per unit of capital, increasing usage of ICT per unit of capital, human capital per unit of capital, and TFP per unit of capital contribution.