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Rice

Rice Tier 2 Grains
Production393,400 t p.a.
Exports0 mg
Value per tonne✦371
Revenue✦146 m
Value added✦138 m
Surplus✦79.4 m
  • Per tonne:
  • Labour ✦88.6 (Sf 1.85)
  • Materials ✦13.5
  • Capital ✦60.9
  • Energy ✦6
  • Surplus ✦202

Whole chain per tonne: 3.02 labour hours, 164 kWh.

Formula

A.C. = w0LhSf Labour ✦88.6 Shadow wage w0 ✦16 an hour Γ— Lh 3 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 ✦13.5 Fertiliser: 50 kg Γ— $202/t Γ— r 1.5 Γ— border 0.89 Γ— Ξ» 1.00 = ✦13.5 + (D + Mo)Ξ±e Capital ✦60.9 Depreciation and maintenance ✦42 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 = ✦169

A.V. = rP*world Accounted value ✦371 per tonne World price $225 per tonne plus freight and insurance 9.89% = P* $247 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. = ✦371

Revenue = A.V. Γ— Q Accounted revenue ✦146 m p.a. Domestic: 393,400 t Γ— ✦371 = ✦146 m = ✦146 m

Surplus = (A.V. βˆ’ A.C.) Γ— Q βˆ’ levies Accounted surplus ✦79.4 m p.a. Revenue ✦146 m βˆ’ cost ✦169 Γ— 393,400 t = ✦79.4 m Distributed 40% to reinvestment, 20% to the municipal aggregate and 40% swept to the Treasury. = ✦79.4 m

Made here
Supplies or uses it
Inputs arriving
Output leaving

Made from per tonne

Used in p.a.

  • Final domestic use 393,400 t ✦146 m 100%