Formula or Equation
Incremental capital output ratio for sector or industry | Incremental capital-output ratio,ICOR |
Gross investment in time period t It | gross investment,GI |
Outputt | output |
Outputt-1 | output |
Incremental capital output ratio for sector or industry | Incremental capital-output ratio,ICOR |
Gross investment in time period t It | gross investment,GI |
Outputt | output |
Outputt-1 | output |