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Copra

Copra Tier 1 Cash Crops
Production185,500 t p.a.
Exports16,860 t
Value per tonne✦787
Revenue✦146 m
Value added✦21.4 m
Surplus✦-18.6 m
  • Per tonne:
  • Labour ✦118 (Sf 1.85)
  • Materials ✦665
  • Capital ✦87
  • Energy ✦6
  • Loss ✦89.7

Whole chain per tonne: 16 labour hours, 360 kWh.

Formula

A.C. = w0LhSf Labour ✦118 Shadow wage w0 ✦16 an hour Γ— Lh 4 hours per tonne Γ— skill factor Sf 1.85 Sf for agriculture: training ✦30,000 against ✦45,000, queue 10 hours against 48 + Ξ£ qiPirΞ»i Materials ✦665 Coconuts: 4 t Γ— $90/t Γ— r 1.5 Γ— border 1.23 Γ— Ξ» 1.00 = ✦665 + (D + Mo)Ξ±e Capital ✦87 Depreciation and maintenance ✦60 per tonne 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 ✦6 E 120 kWh per tonne Γ— pe ✦0.05 per kWh = ✦877

A.V. = rP*world Accounted value ✦787 per tonne World price $550 per tonne less freight and insurance 4.64% = P* $524 Γ— r 1.5 crowns per US dollar Export parity: the price at the Commonwealth border for a good it sells abroad. Observed abroad, not calculated: a wasteful producer raises only its own cost. = ✦787

Revenue = A.V. Γ— Q Accounted revenue ✦146 m p.a. Domestic: 168,600 t Γ— ✦787 = ✦133 m Exports: 16,860 t Γ— ✦787 = ✦13.3 m = ✦146 m

Surplus = (A.V. βˆ’ A.C.) Γ— Q βˆ’ levies Accounted surplus ✦-18.6 m p.a. Revenue ✦146 m βˆ’ cost ✦877 Γ— 185,500 t = ✦-16.7 m Export charges ✦1.99 m: 15% of export revenue (federal levy and permit fee) A loss: nothing is distributed, and the sweep collects nothing from this good. = ✦-18.6 m

Made here
Supplies or uses it
Inputs arriving
Output leaving

Output

Coconut Oil ✦124 m Final domestic use ✦8.84 m

Made from per tonne

  • Copra1 t✦787

Used in p.a.

  • Copra185,500 t✦146 m100%
  • Final domestic use 11,240 t ✦8.84 m 6.06%
  • Exports 16,860 t ✦13.3 m 9.09%