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physical capital??

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(Querist)
13 August 2010 wht v meant by physical capital?
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sachin alwadhi

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sachin alwadhi (Expert)
15 August 2010 In general physical capital refers to any non-human asset made by humans and then used in production. Often, it refers to economic capital in some ambiguous combination of infrastructural capital and natural capital. As these are combined in process-specific and firm-specific ways that neoclassical macro-economics does not differentiate at its level of analysis, it is common to refer only to physical vs. human capital and seek so-called "balanced growth" that develops both in tandem.

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