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INPUT DECAY

Statistics Directorate    
French Equivalent: Vieillissement du côté des intrants

Definition:
Input decay is the loss in the physical efficiency of an asset because, over time, it requires a greater input of labour or materials to produce a given quantity of capital services.

Source Publication:
Measuring Capital: OECD Manual, Annex 1 Glossary of Technical Terms Used in the Manual, OECD, 2001.

Hyperlink:
http://www.oecd.org/dataoecd/61/57/1876369.pdf

Statistical Theme: National accounts

Created on Tuesday, September 25, 2001

Last updated on Tuesday, April 29, 2003