{"tema_id":"114","string":"Capital to wage ratio","created":"2025-01-29 10:08:50","code":"","modified":"0000-00-00 00:00:00","notes":[{"@type":"Scope note","@lang":"en-EN","@value":"SYMSITES k-SDSS "},{"@type":"Definition note","@lang":"en-EN","@value":"The Capital to Wage Ratio compares the investment in capital, such as machinery and technology, to the expenditure on wages (within a bounded system, like an industry or a cluster). It indicates the relative importance of capital versus labour in the production process, reflecting levels of technology, productivity, and income distribution. "}]}