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Agricultural Machinery

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Factbook F-243161
Agricultural Machinery Tier 2 Machinery
Production56,200 units p.a.
Exports0 units
Value per unit✦46,800
Revenue✦2.63 bn
Value added✦2.48 bn
Surplus✦1.88 bn
  • Per unit:
  • Labour ✦4,682 (Sf 2.34)
  • Materials ✦2,222
  • Capital ✦6,090
  • Energy ✦400
  • Surplus ✦33,410

Whole chain per unit: 135 labour hours, 10,230 kWh.

Formula

A.C. = w0LhSf Labour ✦4,682 Shadow wage w0 ✦16 an hour Γ— Lh 125 hours per unit Γ— skill factor Sf 2.34 Sf for industry: training ✦45,000 against ✦45,000, queue 20 hours against 48 + Ξ£ qiPirΞ»i Materials ✦2,222 Rubber: 300 kg Γ— $850/t Γ— r 1.5 Γ— border 0.97 Γ— Ξ» 1.00 = ✦370 Steel: 4 t Γ— $332/t Γ— r 1.5 Γ— border 0.93 Γ— Ξ» 1.00 = ✦1,852 + (D + Mo)Ξ±e Capital ✦6,090 Depreciation and maintenance ✦4,200 per unit Γ— financing 1.45 Γ— waste factor Ξ±e 1.00 Financing is interest at 6% on equipment's average value over a 15-year life. Ξ±e is 1.00 when maintenance hours and defects are on target. + Epe Energy ✦400 E 8,000 kWh per unit Γ— pe ✦0.05 per kWh = ✦13,390

A.V. = rP*world Accounted value ✦46,800 per unit World price $30,000 per unit plus freight and insurance 4% = P* $31,200 Γ— r 1.5 crowns per US dollar Import parity: the price at the Commonwealth border for a good it could otherwise import. Observed abroad, not calculated: a wasteful producer raises only its own cost. = ✦46,800

Revenue = A.V. Γ— Q Accounted revenue ✦2.63 bn p.a. Domestic: 56,200 units Γ— ✦46,800 = ✦2.63 bn = ✦2.63 bn

Surplus = (A.V. βˆ’ A.C.) Γ— Q βˆ’ levies Accounted surplus ✦1.88 bn p.a. Revenue ✦2.63 bn βˆ’ cost ✦13,390 Γ— 56,200 units = ✦1.88 bn Distributed 40% to reinvestment, 20% to the municipal aggregate and 40% swept to the Treasury. = ✦1.88 bn

Made here
Supplies or uses it
Inputs arriving
Output leaving

Made in

Praia 72.7% Oslola 27.3%

Made by

Inputs

Steel ✦104 m Rubber ✦20.8 m

Output

Final domestic use ✦2.63 bn

Made from per unit

Used in p.a.

  • Final domestic use 56,200 units ✦2.63 bn 100%