The capital maintenance means both financial capital and physical capital.

资本保全有财务资本保全与实物资本保全之分。

But mental capital has reversed changes regularity with physical capital quantity.

而与投入使用的物力资本量反向变动的规律性。

Physical Capital - Machinery used by labor in the production of goods and services.

实物资本-机械所使用的劳动生产中的货物和服务。

Traditional theory considers that the company is the owner of physical capital of the material.

传统公司法理论认为，公司运营的基础是物质资本。

Physical capital is the stock of equipment and structures that are used to produce goods and services.

物资资本：用于生产物品与劳务的设备和建筑物存量。

Using the perpetual inventory method, this paper calculates the stock of physical capital in Inner Mongolia.

使用戈德史密斯永续盘存法估算出了内蒙古实物资本存量。

Before the empirical analysis, the calculation of human capital stock and physical capital stock are needed.

在进行实证分析之前，需要先对人力资本和实物资本的存量进行估算。

Such economies, having less need for capital expansion, will tend to accumulate an ageing stock of physical capital.

这样的经济对资本扩张的需求较低，它们倾向于积累不断老化的物质资本。

Although the estimates are rough, they give a feel for the relative importance of the different types of physical capital.

虽然这个估计是粗略的，但是他们为探索不同类型物质资本的相关重要性提供了一个渠道。

Although a disaster may destroy physical capital, things can be made using more Labour or using it more intensively than before.

尽管灾害可能会破坏物理资本，产品还是可以通过使用更多劳动力或者在原本基础上更加密集地使用劳动力来生产。

An enterprise is the cooperative contract of human capital and physical capital, and they create enterprise value together.

企业是人力资本与物力资本的合作契约，人力资本和物力资本共同创造企业的价值。

Because China is in the midterm of industrialization now, the physical capital is still the first effect in economic growth.

由于中国现阶段尚处于工业化中期，因而物质资本仍是经济增长的第一推动力。

Human resource investment returns higher than the natural resources development and physical capital gains and tangible assets.

人力资源的投资收益高于自然资源开发、物质资本和有形资产的收益。

Thus, joint asset ownership not only can resolve the problem of physical capital specificity, but also is an effective way to reso...

因此，联合所有权不仅可以解决物质资本专用性问题，也是解决人力资本套牢问题的有效途经。

Given China's high investment, it is not surprising that India's accumulation of physical capital contributed less than half the growth of China's.

鉴于中国投资额很高，无怪乎印度有形资本增长的总和不及中国的一半。

Optimal economic growth rate and the ratio of human capital cost to physical capital cost can be confirmed when the economy gets to equilibrium.

均衡时最优的经济增长率和人力资本花费与物资资本花费比是可以确定的。

Moreover, the physical capital has a significant active role with tourism employment. Human capital will gradually over the role of physical capital.

另外，物质资本对旅游就业显著正相关，人力资本有超越物质资本的趋势。

A major challenge for China is that the level of the accumulation of physical capital is too high while the level of human capital accumulation too low.

中国五大资本构成的突出问题是物质资本投资率过高，人力资本投资率过低。

Human capital as a "live" capital form has many qualitative differences with that of physical capital which bound to have the different operation system.

而人力资本作为一种“活”的资本形式，与物质资本有着许多质的差异，其运营也必然有所不同。

The core of corporate governance is to build mechanism of conversion between human capital and physical capital encircling the human capital of entrepreneur.

公司治理的核心是以企业家人力资本为中心，建立人力资本与物质资本相互转化的产权制度。

Look around. We have the same workforce and physical capital as in 2007, but there is massive underemployment of labour and substantial underutilisation of capital.

环顾四周，我们拥有与2007年一样的劳动力和物质资本，但是出现了大量劳动力和资本空置的情形。

The result shows that the contribution rate of the human capital is greater it of the physical capital, but their difference in contribution rate is not very big.

结果显示，人力资本的贡献率要大于物质资本的贡献率，但差距不是很大。

In the age of knowledge economy, there are three key capitals: credit capital, physical capital and manpower capital that are relate to economical growth of an area.

信用资本与物质资本、人力资本是知识经济时代的三大主要资本，它与一个地区的经济增长密切相关。

Vertical integration can effectively resolve the problem of physical capital specificity, but it is helpless to resolve the hold up problem of human capital specificity.

纵向一体化可以很好地解决物质资本的专用性问题，然而对人力资本专用性造成的“套牢”无能为力。

Thus, joint asset ownership not only can resolve the problem of physical capital specificity, but also is an effective way to resolve the hold up problem of human capital.

因此，联合所有权不仅可以解决物质资本专用性问题，也是解决人力资本套牢问题的有效途经。

So according to the principle of incentive compatibility, the owner of the physical capital had better design an efficient incentive plan to solve the principle-agent problem.

因此，物质资本所有者只能遵循激励兼容原则，设计有效的激励方案，最大程度地解决委托代理问题。