Show Summary Details
Quick Reference
The part of investment which is not explained by changes in the level of output. This includes investment in public services, which are determined by government policy, investment to exploit new technical knowledge or geographical discoveries, and considerable amounts of replacement of existing capital as it wears out.
Subjects: Economics.
Related content in Oxford Index
Reference entries
Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.
