Ocean Freight Rates and Economic Development 1730-1913

1958 ◽  
Vol 18 (4) ◽  
pp. 537-555 ◽  
Author(s):  
Douglass North

Revolutionary developments in transport have been an essential feature of the rapiddevelopments in transportgrowth of the past two centuries. Reduction in the cost of carriage has enabled specialization and division of labor on a national and international basis to replace the relatively self-sufficient economies that predominated in the western world two centuries ago. The striking role of the railroad in the nineteenth century is well known. However, it was water transport in which the bulk shipment of commodities began, and it was the development of ocean shipping that was an integral aspect of die growing economic interdependence of the western world, the opening up of the undeveloped continents, and the promotion of the settlement of the “empty lands.” The declining cost of ocean transportation was a process of widening the resource base of the western world. The agriculture of new countries was stimulated (and that of old countries at least temporarily depressed), the specter of famine as a result of crop failure reduced, and the raw materials were provided for industrialization. In short, the radical decline in ocean freight rates was an important part of the redirection of the resources of the western world in the course of the vast development of die past two centuries.

2021 ◽  
Vol 2 (4) ◽  
pp. 294-301
Author(s):  
Mikhail V. Mishenin

The article presents a comprehensive study of the current state and development prospects of hard-to-recover reserves. The role of hard-to-recover reserves in the structure of the crude oil base by categories of reserves and federal districts, as well as on the shelf of the Russian Federation is considered. The analysis of industry-wide trends in the reproduction of the mineral resource base with differentiation by deposits and companies-subsoil users is carried out. The issues of the current state of the volume of financing for geological exploration and the cost of preparing hydrocarbon reserves have been investigated. The dynamics of the distribution of recoverable oil reserves, volumes and efficiency of geological exploration at fields discovered in recent years have been analyzed. The characteristics and dynamics of production of certain categories of hard-to-recover oil by region have been investigated.


2019 ◽  
Author(s):  
Сергей Енгашев ◽  
Syergyey YEngashyev ◽  
Тамара Околелова ◽  
Tamara Okolelova

The book deals with many factors, including anti-nutritional, determining the biological value of feed components. Considerable attention is paid to the minimum requirements that must be imposed on the quality of raw materials and can be met in each economy. Provides information on poisonous plants and weeds that may be present in the plant material and cause phytotoxicity. The causes of diseases of feed nature associated with metabolic disorders, and ways to prevent them. The consequences of technological violations in poultry farming are revealed. The role of the quality of raw materials, biologically active and mineral substances in the prevention of certain diseases of forage nature, increasing the productivity of poultry, reducing the cost of feed and their production costs. It is addressed to specialists and managers of poultry farms, feed industry enterprises, researchers, postgraduates and students.


2020 ◽  
Vol 1 (2) ◽  
pp. 103-125
Author(s):  
Alfian Maliki ◽  
Heru Satria Rukmana

PT Oto Media Kreasi is a service company engaged in the field of interior and exterior design bodies, producing based on orders or projects. The calculation of the cost of production at PT Oto Media Kreasi plays a role in determining the selling price, which affects the company's profit.The purpose of this study is to determine the calculation of the cost of production as well calculation in determining the selling price with the method applied by PT Oto Media Kreasi, also to find out the calculation of the cost of production as well as the calculation in determining the selling price using the job order costing method and to know the role of the method job order costing in loading the cost of production precisely and more efficiently.The results showed that in calculating the cost of production of PT Oto Media Kreasi still used a simple calculation, only calculating the cost of raw materials, namely Rp.1,092,778,291, direct labor costs Rp.313,200,000, and overhead costs Rp.27,600,000 . The total calculation of the company's production cost is Rp. 1,433,578,291, with a margin percentage of 35.37% of the selling price of Rp. 1,940,640,000. Whereas in calculating the cost of production using the job order costing method in calculating the cost of raw materials Rp.1,101,178,291, the accumulated residual value of raw materials Rp.8,682,000, direct labor costs Rp.313,200,000, and overhead costs Rp.60,532 .260. The total calculation of the cost of production using the job order costing method is Rp.1,466,228,551, with a margin percentage of 32.36% of the selling price of Rp.1,940,640,000. The company has not calculated the cost of goods manufactured using the job order costing method, the cost of goods manufactured is only done by estimating all costs needed to produce a product, so the costs are not classified correctly and the calculations are sufficient simple, so it is difficult to determine the right selling price for a product ordered.The proposed use of the job order costing method is expected so that the owner of the company can apply the calculation of the cost of production so that the company can determine the cost of production in determining the selling price more precisely, so that the owner can know the overall cost of producing the order and also can know the actual acquisition of margins .


2019 ◽  
Vol 8 (2) ◽  
pp. 1639-1645

Recycling process in waste management reduces the cost of waste handling, minimizes cost of raw materials and processing, and simplifies supply chain management. It introduces 3D printing design and circular economies and significantly impacts green technologies and environment engineering in terms of waste management and materials processing. Educational action research play crucial role in communicating designer, stakeholder, consumer, and distributed in end-to-end recycling process. It fosters the entitiesacross value chain and accelerates the modernization of waste management processes.


2015 ◽  
Vol 75 (1) ◽  
pp. 95-124 ◽  
Author(s):  
Kris Inwood ◽  
Ian Keay

We use newly compiled evidence on inter- and intra-continental shipping costs to investigate the relationship between transportation and trade for trans-Atlantic iron markets from 1870–1913. Although we find a surprisingly weak connection linking ocean freight rates to British exports, after controlling for endogeneity and measuring all costs associated with inter-continental pig iron shipments and the intra-continental assembly of raw materials, the importance of transportation strongly asserts itself. The cost to transport pig iron across the Atlantic, and the cost to transport iron ore and coking coal within North America, were important determinants of the volume of British exports.


Author(s):  
A.S. Nesterov ◽  
L.I. Garmash ◽  
M.G. Boldenko ◽  
O.A. Vergun ◽  
K.P. Lopatenko

A promising method of intensifying the process of sinter preparation preparation was investigated by using surfactants as an additional binding material. It is shown that surfactants provide efficient compaction of charge materials. The use of water-soluble surfactant additives (aminocrylate of various compositions) when moistening the charge in the blending and pelletizing of charge materials positively affects the sintering performance and the quality of the finished sinter. An increase in the strength of the agglomerate during recovery, a decrease in abrasion, and an increase in the temperature of the maximum melt filtration were noted. An increase in the recoverability of the agglomerate and the associated decrease in the “aggressiveness” of primary slags were also observed. When using surfactants, the duration of the process was reduced, and the vertical sintering rate increased from 1.0-1.8% to 6.1-8.5%. The yield of the charge has increased by 0.4-2.4%, the strength index - by 0.4-2.2%. Analysis of the results of laboratory studies confirmed that the introduction of surfactants in moisturizing water can improve the quality of the mixture. In particular, the gas permeability of the charge is improved, the best conditions for burning solid fuel and the process of liquid-phase sintering are provided, and the strength properties of the finished product are enhanced. The involvement of a part of metallurgical wastes in the fermentation domain complex allows to significantly expand the resource base of iron ore components, reduce the cost of input raw materials and improve the environmental situation.


2021 ◽  
Vol 7 (1) ◽  
pp. 37-45
Author(s):  
Kirill A. Vasiliev ◽  
Vyacheslav A. Borisov ◽  
Gleb A. Averchenko

The object of the study is a pontoon link, where the role of the bearing structure is performed by non-standard pipes. Construction of surface bridges is widely used in bridge construction and is an essential part of the development of transport infrastructure of our country and abroad. In the case where it is not possible to build capital or low-water bridges, surface bridges or ferry crossings are used. Built-up bridges are very convenient to use in the construction of capital bridges, when the main course of the route is blocked instead of temporary stationary bridges. In order to compare the application of the developed solution, an approximate calculation of the cost of the pontoon was made. Analysis of costs in the market of analogues showed that the cost of only the bearing structure of a pontoon of similar load capacity based on plastic pipes, will be much higher than the cost of pantone out of non-standard. The study examined the possibility of using non-standard pipes for the construction of weld bridges. Non-standard pipes are a promising material for construction of weld bridges due to buoyancy, low cost, such pipes are easily available raw materials.


2001 ◽  
Vol 2 (1) ◽  
pp. 11-40 ◽  
Author(s):  
Daryl M. Hafter

Women's work has often been portrayed as unskilled and lowpaid labor done for the benefit of others. But the role of female enterprise in eighteenth-century Lyon presents another dimension: non-guild women workers who secured control of raw materials, labor,and distribution networks within an underground economy. In an unusual twist of fortune,a small but significant number of women in the silk,hat-making, and button-making industries turned to their own benefit the advantages customarily provided to male entrepreneurs. These women workers stole materials from the guild workshops in which they were employed. Having learned the technology needed to manufacture silk,hats,and buttons from guild masters,they set up clandestine workshops and trained their own workers. Even in the face of official guild protest,their low prices and competent workmanship induced some masters to buy their goods to reduce the cost of their own products. The women used a set of capitalist practices to survive in a difficult transitional era of superficially regulated norms.


2007 ◽  
pp. 70-84 ◽  
Author(s):  
E. Demidova

This article analyzes definitions and the role of hostile takeovers at the Russian and European markets for corporate control. It develops the methodology of assessing the efficiency of anti-takeover defenses adapted to the conditions of the Russian market. The paper uses the cost-benefit analysis, where the costs and benefits of the pre-bid and post-bid defenses are compared.


The productivity of land has been often discussed and deliberated by the academia and policymakers to understand agriculture, however, very few studies have focused on the agriculture worker productivity to analyze this sector. This study concentrates on the productivity of agricultural workers from across the states taking two-time points into consideration. The agriculture worker productivity needs to be dealt with seriously and on a time series basis so that the marginal productivity of worker can be ascertained but also the dependency of worker on agriculture gets revealed. There is still disguised unemployment in all the states and high level of labour migration, yet most of the states showed the dependency has gone down. Although a state like Madhya Pradesh is doing very well in terms of income earned but that is at the cost of increased worker power in agriculture as a result of which, the productivity of worker has gone down. States like Mizoram, Meghalaya, Nagaland and Tripura, though small in size showed remarkable growth in productivity and all these states showed a positive trend in terms of worker shifting away from agriculture. The traditional states which gained the most from Green Revolution of the sixties are performing decently well, but they need to have the next major policy push so that they move to the next orbit of growth.


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