producer goods

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Related to Intermediate good: Final good

producer goods

Goods, such as raw materials and tools, used to make consumer goods.

producer goods


producer's goods

pl n
(Economics) other terms for capital goods

produc′er goods`
goods, as machinery or raw materials, that are used in the process of creating consumer goods.
References in periodicals archive ?
Like Schmitz (2001), we view our results as less pertinent for rich economies like the United States, where public sector involvement in intermediate good production is relatively small; rather, we view the results of our model as being applicable mostly to least developed countries (LDCs), such as Egypt, where governments typically play a large role in intermediate goods production.
Z]) and the public input (P) to create one variety of the intermediate good.
In comparison with a situation of autarchy, this type of trade causes an increase in the number of intermediate good varieties.
It has been shown that in cases where one country has a better technology for producing an intermediate good than another, commercial policy may be effective in increasing domestic welfare [Spencer and Jones, "Trade and Protection in Vertically Related Markets," Journal of International Economics, 1992].
In the model economy, there are four types of activities - final good production, intermediate good production, physical and human capital accumulation and innovative R&D.
When K is a pure intermediate good, domestic perfect competition requires that the price of K equals the value of its marginal product
To the export-oriented companies, the increased percentage of intermediate goods will save money and to domestic firms it will be an opportunity to increase their share of the overall export, say representatives of the association.
8%, both intermediate goods and durable consumer goods by 1.
Osama El-Menilawy, assistant general manager of the financial sector at a private bank operating in Egypt, said the CBE urged the banks that received US dollars to cover the demands of importers whose intermediate goods are stuck in customs.
4%, while production of intermediate goods fell by 0.
But trade for both countries is highly dependent on just one industry, such as resources or garments and footwear, and the development of a supply chain which is able to mutually procure intermediate goods, as seen in other ASEAN countries, has not been fully developed yet.
The country's imports grew in February as expectations of rising business activities prompted firms to purchase more raw materials and intermediate goods from abroad.

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