Profitability Mechanization And Economies Of Scale

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Profitability, Mechanization and Economies of Scale

Author : Dudley Jackson
Publisher : Routledge
ISBN 13 : 0429821336
Total Pages : 322 pages
Book Rating : 4.4/5 (298 download)

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Book Synopsis Profitability, Mechanization and Economies of Scale by : Dudley Jackson

Download or read book Profitability, Mechanization and Economies of Scale written by Dudley Jackson and published by Routledge. This book was released on 2018-10-03 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1998, this book introduces a new concept of profitability, called the 'efficiency rate of profit', which is defined as the ratio between the unit net margin and the unit capital requirement and shows how the efficiency rate of profit may be used in the assessment of mechanization and economies of scale. The book also shows how the efficiency rate of profit relates to the financial opportunity cost of investment, thus resolving the long-standing controversy over 'interest as a cost'. Using real-world plant-level data, the book explains fully the process of mechanization, how increasing returns to scale works at the plant level through power rule relating plant or equipment cost to capacity and how and why it is more cost effective to combine mechanization with expanding the scale of production in one combined 'package' of efficiency improvement.

Profitability, Mechanization and Economies of Scale

Author : Dudley Jackson
Publisher : Routledge
ISBN 13 : 0429821328
Total Pages : 334 pages
Book Rating : 4.4/5 (298 download)

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Book Synopsis Profitability, Mechanization and Economies of Scale by : Dudley Jackson

Download or read book Profitability, Mechanization and Economies of Scale written by Dudley Jackson and published by Routledge. This book was released on 2018-10-03 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1998, this book introduces a new concept of profitability, called the 'efficiency rate of profit', which is defined as the ratio between the unit net margin and the unit capital requirement and shows how the efficiency rate of profit may be used in the assessment of mechanization and economies of scale. The book also shows how the efficiency rate of profit relates to the financial opportunity cost of investment, thus resolving the long-standing controversy over 'interest as a cost'. Using real-world plant-level data, the book explains fully the process of mechanization, how increasing returns to scale works at the plant level through power rule relating plant or equipment cost to capacity and how and why it is more cost effective to combine mechanization with expanding the scale of production in one combined 'package' of efficiency improvement.

Profitability and the Great Recession

Author : Ascension Mejorado
Publisher : Routledge
ISBN 13 : 1134638493
Total Pages : 344 pages
Book Rating : 4.1/5 (346 download)

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Book Synopsis Profitability and the Great Recession by : Ascension Mejorado

Download or read book Profitability and the Great Recession written by Ascension Mejorado and published by Routledge. This book was released on 2013-10-23 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the mid-1980s, investors in the US increasingly directed capital towards the financial sector at the expense of non-financial sectors, lured by the perception of higher profits. This flow of capital inflated asset prices, creating the stock market and housing bubbles which burst when the imbalance between stagnant incomes and rising debts triggered the banking meltdown. Profitability and the Great Recession analyses these trends in profitability and capital accumulation, which the authors identify as the root cause of the financial crisis, in the context of the US and other major OECD countries. Drawing on insights from Adam Smith, David Ricardo, John Stuart Mill and Karl Marx, the authors interpret the relationship between capital accumulation and profitability trends through the conceptual lens of classical political economy. The book provides extensive empirical evidence of declining rates of US non-financial corporate accumulations from the mid-1960s and profitability trends in that sector falling from post-war highs. In contrast to this, it is shown that there was a vigorous rise of profitability in the financial sector from a 1982 trough to the early part of the twenty-first century, which led to the bloating of that sector. The authors conclude that the long-term falling accumulation trend in the non-financial corporate sector, highlighted by the bankruptcy of major automobile corporations, stands out as the underlying force that transformed the financial crisis into a fully-fledged Great Recession. This book will be of interest to students and researchers in the areas of economics, political economy, business and finance.

Encyclopedia of Business Ethics and Society

Author : Robert W. Kolb
Publisher : SAGE
ISBN 13 : 1412916526
Total Pages : 2593 pages
Book Rating : 4.4/5 (129 download)

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Book Synopsis Encyclopedia of Business Ethics and Society by : Robert W. Kolb

Download or read book Encyclopedia of Business Ethics and Society written by Robert W. Kolb and published by SAGE. This book was released on 2008 with total page 2593 pages. Available in PDF, EPUB and Kindle. Book excerpt: This encyclopedia spans the relationships among business, ethics and society, with an emphasis on business ethics and the role of business in society.

The SAGE Encyclopedia of Business Ethics and Society

Author : Robert W. Kolb
Publisher : SAGE Publications
ISBN 13 : 148338151X
Total Pages : 4074 pages
Book Rating : 4.4/5 (833 download)

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Book Synopsis The SAGE Encyclopedia of Business Ethics and Society by : Robert W. Kolb

Download or read book The SAGE Encyclopedia of Business Ethics and Society written by Robert W. Kolb and published by SAGE Publications. This book was released on 2018-03-27 with total page 4074 pages. Available in PDF, EPUB and Kindle. Book excerpt: Spans the relationships among business, ethics, and society by including numerous entries that feature broad coverage of corporate social responsibility, the obligation of companies to various stakeholder groups, the contribution of business to society and culture, and the relationship between organizations and the quality of the environment.

Principles of Economics and Management for Manufacturing Engineering

Author : D.R. Kiran
Publisher : Butterworth-Heinemann
ISBN 13 : 0323998631
Total Pages : 332 pages
Book Rating : 4.3/5 (239 download)

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Book Synopsis Principles of Economics and Management for Manufacturing Engineering by : D.R. Kiran

Download or read book Principles of Economics and Management for Manufacturing Engineering written by D.R. Kiran and published by Butterworth-Heinemann. This book was released on 2022-01-14 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Principles of Economics and Management for Manufacturing Engineering combines key engineering economics principles and applications in one easy to use reference. Engineers, including design, mechanical, and manufacturing engineers are frequently involved in economics-related decisions, whether directly when selecting materials or indirectly when managers make order quantity decisions based on their work. Having a knowledge of the management and economic activities that touch on engineering work is a core part of most foundational engineering qualifications and becomes even more important in industry. Covering a wide range of management and economic topics from the point-of-view of an engineer in industry, this reference provides everything needed to understand the commercial context of engineering work. Covers the full range of basic economic concepts as well as engineering economics topics Includes end of chapter questions and chapter summaries that make this an ideal self-study resource Provides step-by-step instructions for cost accounting for engineers

Declining Profitability and the Evolution of the US Economy

Author : Ascension Mejorado
Publisher : Taylor & Francis
ISBN 13 : 1000956334
Total Pages : 311 pages
Book Rating : 4.0/5 (9 download)

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Book Synopsis Declining Profitability and the Evolution of the US Economy by : Ascension Mejorado

Download or read book Declining Profitability and the Evolution of the US Economy written by Ascension Mejorado and published by Taylor & Francis. This book was released on 2023-09-01 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 1970s were a pivotal decade for the US economy: deindustrialization broke the power of the labor unions and made possible the redistribution of income in favor of corporate profits; globalization and offshore investments opened alternatives to domestic nonfinancial capital accumulation; domestic productivity growth declined; and labor-saving technology empowered superstar corporations to rapidly gain market share. This book argues that the persistent fall in profitability, leading to the stagflation crisis, was a direct result of the transition from the Fordist phase of capital accumulation, based on large-scale manufacturing, to the neoliberal phase and the rising power of finance. Neoliberalism restored the power of rentiers but not the profit rates of nonfinancial corporations. Falling accumulation rates weakened the growth capacity of nonfinancial corporate firms and secular stagnation became the norm. Neo-Keynesian economists, Larry Summers and Paul Krugman, explained the persistence of secular stagnation with arguments borrowed from Alvin Hansen in the 1930s, such as the declining birth rate or the falling relative prices of investment goods, hence a shortfall of demand. In the Classical paradigm, profitability drives capital accumulation and falling profitability slows down growth. As the accumulation rate declined and the capacity growth diminished, breakdowns in supply links, due to the COVID-19 pandemic, prevented large infusions of purchasing power to find matching levels of supply, hence the stagflation crisis returned. The book will be a great asset to researchers and scholars interested in the development of Classical Political Economy concerning issues related to inflation, stagnation, growing inequality, and the next phase of neoliberalism.

Key Concepts in Management

Author : Jonathan Sutherland
Publisher : Bloomsbury Publishing
ISBN 13 : 0230204740
Total Pages : 325 pages
Book Rating : 4.2/5 (32 download)

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Book Synopsis Key Concepts in Management by : Jonathan Sutherland

Download or read book Key Concepts in Management written by Jonathan Sutherland and published by Bloomsbury Publishing. This book was released on 2017-04-27 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: Key Concepts in Management is one of a range of comprehensive glossaries with entries arranged alphabetically for easy reference. All major concepts, terms, theories and theorists are incorporated and cross-referenced. Additional reading and Internet research opportunities are identified. More complex terminology is made clearer with numerous diagrams and illustrations. With over 500 key terms defined, the book represents a comprehensive must-have reference for anyone studying a business-related course or those simply wishing to understand what management is all about. It will be especially useful as a revision aid.

Key Concepts in Strategic Management

Author : Jonathan Sutherland
Publisher : Bloomsbury Publishing
ISBN 13 : 0230204562
Total Pages : 294 pages
Book Rating : 4.2/5 (32 download)

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Book Synopsis Key Concepts in Strategic Management by : Jonathan Sutherland

Download or read book Key Concepts in Strategic Management written by Jonathan Sutherland and published by Bloomsbury Publishing. This book was released on 2017-03-14 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: Key Concepts in Strategic Management is one of a range of comprehensive glossaries with entries arranged alphabetically for easy reference. All major concepts, terms, theories and theorists are incorporated and cross-referenced. Additional reading and Internet research opportunities are identified. More complex terminology is made clearer with numerous diagrams and illustrations. With over 500 key terms defined, the book represents a comprehensive must-have reference for anyone studying a business-related course or those simply wishing to understand what strategic management is all about. It will be especially useful as a revision aid.

Key Concepts in Operations Management

Author : Jonathan Sutherland
Publisher : Bloomsbury Publishing
ISBN 13 : 1350318256
Total Pages : 334 pages
Book Rating : 4.3/5 (53 download)

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Book Synopsis Key Concepts in Operations Management by : Jonathan Sutherland

Download or read book Key Concepts in Operations Management written by Jonathan Sutherland and published by Bloomsbury Publishing. This book was released on 2017-03-14 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: Key Concepts in Operations Management is one of a range of comprehensive glossaries with entries arranged alphabetically for easy reference. All major concepts, terms, theories and theorists are incorporated and cross-referenced. Additional reading and Internet research opportunities are identified. More complex terminology is made clearer with numerous diagrams and illustrations. With almost 600 key terms defined, the book represents a comprehensive must-have reference for anyone studying a business-related course or those simply wishing to understand what operations management is all about. It will be especially useful as a revision aid.

The New National Accounts

Author : Dudley Jackson
Publisher : Edward Elgar Publishing
ISBN 13 : 9781782543275
Total Pages : 422 pages
Book Rating : 4.5/5 (432 download)

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Book Synopsis The New National Accounts by : Dudley Jackson

Download or read book The New National Accounts written by Dudley Jackson and published by Edward Elgar Publishing. This book was released on 2000-01-01 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The New National Accounts will be essential reading for both students and practitioners concerned with macroeconomics, economic policy, national accounting and comparative studies of the economic performance of advanced and developing countries."--BOOK JACKET.

Urban Management: Managing Cities In Uncertain Times

Author : Willie Chee Keong Tan
Publisher : World Scientific
ISBN 13 : 9811266964
Total Pages : 292 pages
Book Rating : 4.8/5 (112 download)

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Book Synopsis Urban Management: Managing Cities In Uncertain Times by : Willie Chee Keong Tan

Download or read book Urban Management: Managing Cities In Uncertain Times written by Willie Chee Keong Tan and published by World Scientific. This book was released on 2022-12-27 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about the management of cities amid the major challenges to fast growing cities as well as the struggling ones. It discusses trends in urbanization, urban challenges, the urban management approach, theories of the state and urban management, building capacity, urban planning, local economic development, housing, urban service delivery, public utilities, social services, general urban services, and transport. The book emphasizes general principles rather than specific case studies on managing cities.The book is of interest to practitioners and students in the built environment, including mayors, urban managers, urban planners, developers, lenders, insurers, architects, engineers, project managers, and other consultants, contractors, and suppliers.

Progress towards sustainable agriculture – Drivers of change

Author : Food and Agriculture Organization of the United Nations
Publisher : Food & Agriculture Org.
ISBN 13 : 9251354200
Total Pages : 102 pages
Book Rating : 4.2/5 (513 download)

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Book Synopsis Progress towards sustainable agriculture – Drivers of change by : Food and Agriculture Organization of the United Nations

Download or read book Progress towards sustainable agriculture – Drivers of change written by Food and Agriculture Organization of the United Nations and published by Food & Agriculture Org.. This book was released on 2021-12-06 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Progress towards Sustainable Agriculture initiative (PROSA) is a framework that seeks to complement ongoing efforts on the Sustainable Development Goals (SDGs), and particularly indicator 2.4.1, to support country-level assessments using data already available at the national level. Making agriculture more sustainable – productive, environmentally friendly, resilient and profitable is fundamental, as agriculture remains the main source of livelihood for the majority of the world’s poor and hungry. The pathway towards sustainable agriculture must ensure increasing output, but also make more efficient use of increasingly scarce global resources, be resilient to and help mitigate climate change, and improve human well-being. This technical study examines the key factors driving changes in trends in the indicators of sustainable agriculture and provides decision-makers with insights into viable options for achieving this goal. The study identifies five key groups of drivers that most influence these indicators globally. The ways in which each driver affects the multiple dimensions of sustainability highlights the interconnections, synergies and trade-offs that must be managed in different global contexts to achieve agricultural sustainability. The analysis can help decision-makers operating in different country contexts to identify practical solutions to ensure that their interventions contribute positively to a more sustainable agriculture.

Aanwinsten van de Centrale Bibliotheek (Queteletfonds)

Author : Bibliothèque centrale (Fonds Quetelet)
Publisher :
ISBN 13 :
Total Pages : 1016 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Aanwinsten van de Centrale Bibliotheek (Queteletfonds) by : Bibliothèque centrale (Fonds Quetelet)

Download or read book Aanwinsten van de Centrale Bibliotheek (Queteletfonds) written by Bibliothèque centrale (Fonds Quetelet) and published by . This book was released on 1998 with total page 1016 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economics of American Agriculture

Author : Steven C. Blank
Publisher : Routledge
ISBN 13 : 131745734X
Total Pages : 489 pages
Book Rating : 4.3/5 (174 download)

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Book Synopsis The Economics of American Agriculture by : Steven C. Blank

Download or read book The Economics of American Agriculture written by Steven C. Blank and published by Routledge. This book was released on 2014-12-18 with total page 489 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book answers the questions: What is happening to American agriculture, and why? Steven C. Blank uses portfolio theory to analyze both macro- and microeconomic data that paints a clear picture of the trends in agriculture, and explains why these trends are consistent with market evolution and global economic development. He clarifies agriculture's specific role in economic development with a focus on the current and future globalizing commodity markets.The book features empirical research that demonstrates the link between farm-level investment decisions and regional and national economic trends. It shows how the dynamic environment of industrialization and globalization of agriculture is part of a continuing development that is driven by technological innovation. This all points to a future with a very different agricultural production sector and some extremely important policy choices that will face the entire country.

Agroecological Innovations

Author : Norman Thomas Uphoff
Publisher : Earthscan
ISBN 13 : 1849770441
Total Pages : 325 pages
Book Rating : 4.8/5 (497 download)

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Book Synopsis Agroecological Innovations by : Norman Thomas Uphoff

Download or read book Agroecological Innovations written by Norman Thomas Uphoff and published by Earthscan. This book was released on 2013 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world's food supply needs to rise significantly, yet both arable and water supplies per capita are decreasing. Not only are modern agricultural methods beyond the reach of those suffering the greatest food insecurity but they are also ecologically damaging, relying upon fossil energy and chemical inputs. This volume offers a collection of innovative and diverse approaches to agricultural development.; Documented in 12 case studies, these approaches are reliant upon greater knowledge, skill and labour input, rather than larger capital expenditure. They are shown to increase yield substantially, sometimes doubling or tripling output. This volume presents the concepts and operational means for reorienting agricultural efforts towards these more environmentally friendly and socially desirable approaches in the developed as well as developing world.

Sustainable Agricultural Mechanization: A Framework for Africa

Author : Food and Agriculture Organization of the United Nations
Publisher : Food & Agriculture Org.
ISBN 13 : 9251308713
Total Pages : 150 pages
Book Rating : 4.2/5 (513 download)

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Book Synopsis Sustainable Agricultural Mechanization: A Framework for Africa by : Food and Agriculture Organization of the United Nations

Download or read book Sustainable Agricultural Mechanization: A Framework for Africa written by Food and Agriculture Organization of the United Nations and published by Food & Agriculture Org.. This book was released on 2019-03-13 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: This framework presents ten interrelated principles/elements to guide Sustainable Agricultural Mechanization in Africa (SAMA). Further, it presents the technical issues to be considered under SAMA and the options to be analysed at the country and sub regional levels. The ten key elements required in a framework for SAMA are as follows: The analysis in the framework calls for a specific approach, involving learning from other parts of the world where significant transformation of the agricultural mechanization sector has already occurred within a three-to-four decade time frame, and developing policies and programmes to realize Africa’s aspirations of Zero Hunger by 2025. This approach entails the identification and prioritization of relevant and interrelated elements to help countries develop strategies and practical development plans that create synergies in line with their agricultural transformation plans. Given the unique characteristics of each country and the diverse needs of Africa due to the ecological heterogeneity and the wide range of farm sizes, the framework avoids being prescriptive.