Indirect energy includes capital costs per boe (corrected for
the capital recovery factor).
Not exact matches
These two repeat
factors keep pulling any dollar
recovery down and mean we remain in cautious wait and see mode about the U.S.,» Bill Blain, strategist and head of
capital markets at Mint Partners, told CNBC via email.
However, total
factor productivity, which allows for changes in both labour and
capital inputs into the production process, and is therefore a better measure of efficiency, is growing faster in the current
recovery than in the corresponding phases of either of the two previous cycles (Box 2).
As such we
factor these impacts into our analysis of an issuer's economy, fiscal position, and
capital infrastructure, as well as management's ability to marshal resources and implement strategies to drive
recovery.
The pace of the economic and real estate
recovery, government reforms, and rising interest rates are just a few of the
factors that will influence the availability and cost of
capital in the coming year.