Capital deepening is a situation where the capital per worker is increasing in the economy. This is also referred to as increase in the capital intensity. Capital deepening is often measured by the capital stock per labour hour. Overall, the economy will expand, and productivity per worker will increase. However, according to some economic models,...
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http://en.wikipedia.org/wiki/Capital_deepening
Increase in capital intensity, normally in a macro context where it is measured by something analogous to the capital stock available per labor hour spent. In a micro context, it could mean the amount of capital available for a worker to use, but this use is rare. Capital deepening is a macroeconomic concept, of a faster-growing magnitude of capita...
Found on
http://www.econterms.com/glossary.cgi?query=capital+deepening
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