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componenti lavoro e capitale dei fattori combinati


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16:29 Jan 17, 2012
This question was closed without grading. Reason: Other

Italian to English translations [PRO]
Economics
Italian term or phrase: componenti lavoro e capitale dei fattori combinati
The following comes at the end of a list enumerating various economic problems Italy is currently facing (including stagnation, youth unemployment, bank liquidity issues etc.):

si sono aggravati problemi storici di bassa crescita delle componenti lavoro e capitale e della produttività dei fattori combinati

Cheers for any assistance.
John
John Mifsud
United Kingdom
Local time: 18:50


Summary of answers provided
4 +1labour and capital components (of GDP) and also of productivity of (these) two factors combined
Pompeo Lattanzi
4employment and capital investment and in the productivity of these combined factors.
James (Jim) Davis


Discussion entries: 4





  

Answers


3 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
labour and capital components (of GDP) and also of productivity of (these) two factors combined


Explanation:
I have tried to give you as literal a translation as possible, so as to explain the sentence at the same time. Feel free, of course, to express it in better English.

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Note added at 3 hrs (2012-01-17 19:40:39 GMT)
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Sorry, I see now that Lorraine had already given the same translation, although as part of a discussion. Didn't mean to intrude.

Pompeo Lattanzi
Italy
Local time: 19:50
Works in field
Native speaker of: Native in ItalianItalian

Peer comments on this answer (and responses from the answerer)
agree  Norman Buhagiar
24 mins

neutral  LorraineB: don't worry, Pompeo - I thought the Mods police might disapprove of the word-string, so was trying to give an interpretation input Asker could play with before question risked deletion... glad to see fear unfounded!
17 hrs
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17 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
employment and capital investment and in the productivity of these combined factors.


Explanation:
low growth in employment and capital investment and in the productivity of these combined factors.

OK on more serious consideration, while capital is a component of GDP or production output, labour isn't, it's an input. The context doesn't explicitly state what these are components of, so they must be general components of the economy, and for translation purposes the "componenti" is redundant (hot air). However, capital and labour are famous (Adam Smith) as factors of production.
Conclusion: low growth in labour is low growth in employment (or just labour, or job rates); low growth in capital is low growth in capital investment (this is a component of GDP.

Finally a Google on combined factor productivity gives 32 hits all relating to Russia (check the numbers carefully, because Google initially and falsely gives a few thousand)

si sono aggravati problemi storici di bassa crescita delle componenti lavoro e capitale e della produttività dei fattori combinati

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Note added at 17 hrs (2012-01-18 10:25:52 GMT)
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Examples of components of GDP: services and products, investment in businesses (capital invesment), real estate construction, government spending.

http://useconomy.about.com/od/grossdomesticproduct/f/GDP_Com...

James (Jim) Davis
Italy
Local time: 19:50
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 340
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