Capital Consumption Allowance

The Capital Consumption Allowance (CCA) is the portion of the Gross Domestic Product (GDP) which is due to depreciation. The Capital Consumption Allowance measures the amount of expenditure that a country needs to undertake in order to maintain, as opposed to grow, its productivity. The CCA can be thought of as representing the wear-and-tear on the country's physical capital, together with the investment needed to maintain the level of human capital (e.g. to educate the workers needed to replace retirees).

Read more about Capital Consumption Allowance:  Calculation

Famous quotes containing the words capital, consumption and/or allowance:

    There was a sound of revelry by night,
    And Belgium’s capital had gathered then
    Her beauty and her chivalry, and bright
    The lamps shone o’er fair women and brave men;
    A thousand hearts beat happily; and when
    Music arose with its voluptuous swell,
    Soft eyes looked love to eyes which spake again,
    And all went merry as a marriage-bell;
    But hush! hark! a deep sound strikes like a rising knell!
    George Gordon Noel Byron (1788–1824)

    What happens is that, as with drugs, he needs a stronger shot each time, and women are just women. The consumption of one woman is the consumption of all. You can’t double the dose.
    Ian Fleming (1908–1964)

    Some interests have got a footing on the earth which we have not made sufficient allowance for.
    Henry David Thoreau (1817–1862)