incremental capital-output ratio(ICOR)

简明释义

资本产出增长比率

英英释义

例句

1.During the meeting, the finance team presented data on the incremental capital-output ratio(ICOR) for the last fiscal year.

在会议上，财务团队展示了上一财年的增量资本产出比(ICOR)数据。

2.The firm reported an improvement in its incremental capital-output ratio(ICOR), suggesting better resource allocation.

该公司报告称其增量资本产出比(ICOR)有所改善，这表明资源配置更为合理。

3.A lower incremental capital-output ratio(ICOR) indicates that a company can generate more output with less capital investment.

较低的增量资本产出比(ICOR)表明公司能够以更少的资本投资产生更多的产出。

4.Investors often look at the incremental capital-output ratio(ICOR) when assessing the viability of new projects.

投资者在评估新项目的可行性时，通常会关注增量资本产出比(ICOR)。

5.The government analyzed the incremental capital-output ratio(ICOR) to determine the efficiency of its investment in infrastructure projects.

政府分析了增量资本产出比(ICOR)以确定其在基础设施项目投资的效率。

作文

The concept of incremental capital-output ratio (ICOR) is a crucial metric in the realm of economics, particularly when analyzing the efficiency of capital investment in relation to output production. Essentially, incremental capital-output ratio (ICOR) measures the additional amount of capital needed to produce one more unit of output. This ratio is significant because it provides insights into how effectively an economy utilizes its capital resources to generate growth. A lower ICOR indicates that less capital is required to produce additional output, suggesting greater efficiency in capital usage. Conversely, a higher ICOR implies that more capital is necessary for each additional unit of output, which can signal inefficiencies or diminishing returns on investment.In practical terms, policymakers and economists often look at the incremental capital-output ratio (ICOR) when assessing the potential impact of investments in infrastructure, technology, or other capital-intensive projects. For instance, if a government is considering investing heavily in renewable energy sources, understanding the ICOR associated with these investments can help determine whether the expected output justifies the capital expenditure. If the ICOR is favorable, it may encourage further investment; if not, it may prompt a reevaluation of the strategy.Moreover, the incremental capital-output ratio (ICOR) can vary significantly across different sectors of the economy. Industries that are heavily reliant on advanced technology might exhibit a lower ICOR due to their ability to leverage innovations that enhance productivity. In contrast, traditional manufacturing sectors may experience a higher ICOR as they deal with older technologies and processes that are less efficient. This variance highlights the importance of sector-specific analysis when interpreting ICOR figures.Another important aspect of ICOR is its relationship with economic growth. Economies aiming for rapid growth often focus on reducing their incremental capital-output ratio (ICOR) by improving efficiency and productivity. This can be achieved through various means, such as investing in better technology, enhancing workforce skills, or optimizing resource allocation. By lowering the ICOR, a country can achieve higher levels of output without proportionally increasing capital investment, thereby fostering sustainable economic growth.In conclusion, the incremental capital-output ratio (ICOR) serves as a vital tool for understanding the interplay between capital investment and output production. It aids economists and policymakers in making informed decisions about where to allocate resources for maximum impact. As economies continue to evolve and face new challenges, the significance of ICOR in guiding strategic investments will only grow. Therefore, a thorough grasp of this concept is essential for anyone involved in economic planning or investment strategy, as it ultimately shapes the path toward sustainable growth and development.

增量资本产出比（ICOR）是经济学领域中的一个关键指标，特别是在分析资本投资相对于产出生产的效率时。基本上，增量资本产出比（ICOR）衡量了生产一单位额外产出所需的额外资本量。这个比率之所以重要，是因为它提供了有关一个经济体如何有效利用其资本资源来产生增长的洞见。较低的ICOR表明产生额外产出所需的资本较少，这暗示着资本使用的效率更高。相反，较高的ICOR则意味着每增加一单位产出需要更多的资本，这可能表明投资效率低下或收益递减。在实际操作中，政策制定者和经济学家通常会在评估基础设施、技术或其他资本密集型项目的投资潜在影响时关注增量资本产出比（ICOR）。例如，如果一个政府考虑在可再生能源领域进行大量投资，了解与这些投资相关的ICOR可以帮助确定预期产出是否值得资本支出。如果ICOR是有利的，这可能会鼓励进一步投资；如果不是，这可能促使重新评估战略。此外，增量资本产出比（ICOR）在经济的不同部门之间可能会显著不同。高度依赖先进技术的行业可能会显示出较低的ICOR，因为它们能够利用提高生产力的创新。相反，传统制造业部门可能会经历较高的ICOR，因为它们处理的是效率较低的旧技术和流程。这种差异突显了在解释ICOR数据时进行特定行业分析的重要性。ICOR的另一个重要方面是它与经济增长的关系。希望实现快速增长的经济体通常专注于通过提高效率和生产力来降低其增量资本产出比（ICOR）。这可以通过多种方式实现，例如投资更好的技术、提升劳动力技能或优化资源配置。通过降低ICOR，一个国家可以在不成比例地增加资本投资的情况下实现更高水平的产出，从而促进可持续的经济增长。总之，增量资本产出比（ICOR）作为理解资本投资与产出生产之间相互作用的重要工具。它帮助经济学家和政策制定者就在哪里分配资源以获得最大影响做出明智的决策。随着经济的不断发展并面临新的挑战，ICOR在指导战略投资方面的重要性只会增加。因此，深入理解这一概念对于任何参与经济规划或投资策略的人来说都是至关重要的，因为它最终塑造了通向可持续增长和发展的道路。