elasticity of supply of factor 要素的供给弹性
In a long run, the main causes for economic growth are the increased supply of factor endowment and the improvement of TFP (Total fact Productivity), which are connected with import closely.
从长期的角度来看,经济增长的主要原因则是要素供给的增加和全要素生产率的提高。这些因素都与进口和利用外资有着密切的关系。
But specialisation depends on one critical factor: the reliability of supply.
但专业分工依赖一个关键因素:供给的可靠性。
That is usually an inflationary factor, as it increases the supply of money.
这通常被视为一个通货膨胀因素,因为它加大了货币供应量。
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