Productive capacity

Productive capacity

Productive capacity is a term used to define maximum possible output of an economy. According to UNCTAD, no agreed-upon definition exists. UNCTAD itself proposes: "the productive "resources", entrepreneurial "capabilities" and production "linkages" which together determine the capacity of a country to produce goods and services." The term ‘productive capacity’ is also used in binary economics to mean income-generating capacity be it of a factory, land, patent or the labour skills of an individual.

ee also

* Capacity utilization

References

* [http://www.nsf.gov/statistics/s4495/conten3d.htm National Science Foundation definition]
* [http://www.unctad.org/templates/Page.asp?intItemID=3894&lang=1 UNCTAD definition]


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  • Productive capacity —   The maximum amount of coal that a mining operation can produce or process during a period with the existing mining equipment and/or preparation plant in place, assuming that the labor and materials sufficient to utilize the plant and equipment… …   Energy terms

  • Capacity utilization — is a concept in economics and managerial accounting which refers to the extent to which an enterprise or a nation actually uses its installed productive capacity. Thus, it refers to the relationship between actual output that is produced with the …   Wikipedia

  • productive — pro‧duc‧tive [prəˈdʌktɪv] adjective 1. producing or achieving something: • The program is designed to help business users be more productive. • We want to turn welfare recipients into productive, working members of society. • The plant has the… …   Financial and business terms

  • Capacity utilization —   Capacity utilization is computed by dividing production by productive capacity and multiplying by 100.   U.S. Dept. of Energy, Energy Information Administration s Energy Glossary …   Energy terms

  • capacity — n. ability to hold 1) to capacity (filled to capacity) 2) lung; seating; storage capacity 3) a capacity of (a capacity of twenty gallons) ability 4) intellectual, mental capacity 5) one s earning capacity 6) a capacity for (a capacity for making… …   Combinatory dictionary

  • productive — pro|duc|tive [ prə dʌktıv ] adjective ** 1. ) making or growing things in large quantities, especially so that they can be sold: During their most productive period, both mills were controlled by the Marling family. ways of making more productive …   Usage of the words and phrases in modern English

  • productive */*/ — UK [prəˈdʌktɪv] / US adjective 1) a) making or growing things in large quantities, especially so that they can be sold During their most productive period, both mills were controlled by the Marling family. ways of making more productive use of… …   English dictionary

  • productive — adjective 1 producing or achieving a lot: Most of us are more productive in the morning. | productive land | a productive meeting (=having useful results) opposite unproductive 2 producing goods, crops, or wealth: Increased demand means… …   Longman dictionary of contemporary English

  • productive — pro|duc|tive [prəˈdʌktıv] adj 1.) producing or achieving a lot ≠ ↑unproductive ▪ Most of us are more productive in the morning. ▪ a highly productive meeting 2.) [only before noun] relating to the production of goods, crops, or wealth ▪ the… …   Dictionary of contemporary English

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