Thailand

2021 ◽  
pp. 93-126
Author(s):  
Richard F. Doner ◽  
Gregory W Noble ◽  
John Ravenhill
Keyword(s):  
Product Design ◽  
Foreign Exchange ◽  
Capital Stock ◽  
Scale Economies ◽  
Primary Case ◽  
Capital Goods ◽  
Domestic Firms ◽  
Excise Taxes ◽  
Policy Interventions ◽  
Automotive Assembly

Thailand is our primary case of successful extensive development. The impressive volume of Thai-based automotive assembly and vehicle and parts exports, the largest in the ASEAN region, reflects a highly efficient assembly base, dominated by foreign assemblers and component producers and driven largely by growth of capital stock rather than by indigenous productivity. This trajectory has been the result of deliberate policy interventions, such as automotive FDI incentives, excise taxes and tariffs designed to promote scale economies, and cluster-related infrastructure. These policies have been formulated and implemented by relatively cohesive institutional networks motivated by broader economic concerns, especially foreign exchange problems. Yet those same factors have not resulted in intensive growth: a manufacturing complex based at least in part on domestic firms producing parts and components, providing intermediate and capital goods, improving processes, and participating in product design.

scholarly journals User Costs versus Waiting Services and Depreciation in a Model of Production

2010 ◽  
Vol 230 (6) ◽  
Author(s):  
W.Erwin Diewert
Keyword(s):  
Capital Stock ◽  
General Model ◽  
Cost Of Capital ◽  
User Cost ◽  
Capital Goods ◽  
User Costs ◽  
Resource Requirements ◽  
The One ◽  
Investment Goods ◽  
Period Model

SummaryThe paper develops an extension of a one period model of production involving beginning and end of the period capital stocks along with output and input flows that is due to Hicks and Edwards and Bell. This generalized Austrian model of production takes into account that end of the period capital stocks result from: (i) purchases of new investment goods; (ii) internal construction of firm capital stock components and (iii) holdings of (depreciated) capital goods that were held by the firm at the beginning of the period. These different methods of creating end of period holdings of capital stocks generally have different resource requirements and hence the one period production possibilities set is more complex than the usual one. This general model of production is used to justify the decomposition of the Jorgensonian user cost of capital into separate waiting services and depreciation components.

scholarly journals PENERAPAN AKUNTANSI PERPAJAKAN ATAS KEPEMILIKAN AKTIVA KENDARAAN DENGAN METODE SEWA PEMBIAYAAN PADA CV. KARYA WENANG

2013 ◽  
Vol 8 (4) ◽  
Author(s):  
Stephany Florence Claudia ◽  
Grace Mogi Nangoi ◽  
Heince Wokas
Keyword(s):  
Capital Stock ◽  
Bank Loans ◽  
Capital Goods ◽  
Alternative Sources ◽  
Commercial Accounting ◽  
Retained Earnings ◽  
Descriptive Method ◽  
Stock Issuance

To fund the business activities especially for the procurement of capital goods, the company has alternative sources of financing in the corporate and finance sourced from outside the company. Funding is sourced from within the company including the capital stock, issuance of bonds, and retained earnings. While the funding is sourced from outside the company such as bank loans and leasing. For companies that not have enough capital, the alternative is often used outside financing companies that finance leases/capital lease. The purpose of this study is to investigate the application of accounting taxation on the ownership of assets by the method of vehicle financing lease ( capital lease ) on the CV. Karya Wenang. The method used in this research is descriptive method. The results of the study on the CV. Karya Wenang is the CV Karya Wenang not fully implement the accounting taxation of finance lease transactions that do. As in the case of depreciation, the company still apply to commercial accounting

Scale economies in hedging foreign exchange cash flow exposures

2004 ◽  
Vol 15 (1) ◽  
pp. 17-27 ◽  
Author(s):  
Anna D Martin ◽  
Laurence J Mauer
Keyword(s):  
Foreign Exchange ◽  
Cash Flow ◽  
Scale Economies

scholarly journals The Determinants of the Domestic Prices of Imports

1964 ◽  
Vol 4 (4) ◽  
pp. 597-622 ◽  
Author(s):  
Mati Lal Pal
Keyword(s):  
Empirical Study ◽  
Empirical Evidence ◽  
Foreign Exchange ◽  
Raw Materials ◽  
Large Share ◽  
Capital Goods ◽  
Different Types ◽  
Domestic Prices ◽  
The Impact

Imports play a key role in the economy of Pakistan, especially since they provide a large share of the nation's industrial raw materials and most of its capital goods. Scarce foreign exchange is rationed and allocated among different types of commodities through an elaborate licensing system. To cope with the needs of the economy there has been liberalisation of imports in recent times. Proposals for further liberalisation and alternative proposals for rationing foreign exchange through an import surcharge system or an exchange auc¬tioning system have also been put forward. But, in the absence of empirical evidence regarding scarcity value of foreign exchange and the domestic prices of imports, the impact of these changes on the import sector and there from on the economy could not be definitely estimated. Different assumptions have been made regarding these magnitudes resulting in very different conclusions about the impact of various policies. A study of the facts is necessary under these circumstances, and so we have embarked on an empirical study regarding the determinants of the domestic prices of imports.

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