Author: Edward Geoffrey Keating
Publisher: Rand Corporation
ISBN:
Category : Business & Economics
Languages : en
Pages : 0
Book Description
"The Economic Consequences of Investing in Shipbuilding: Case Studies in the United States and Sweden assesses the economic consequences of shipbuilding that is, the economic impacts that a shipbuilder has on its local community and region. This report is part of a larger project to inform Australian policymakers of the economics and feasibility of various strategies for the Australian shipbuilding industrial bases that produce or repair naval surface vessels. The authors utilize a case study methodology to examine Newport News Shipbuilding in Newport News, Virginia, and Austal USA shipbuilding in Mobile, Alabama. They complement and contrast analysis of these shipbuilders by examining the impact of the Saab Aeronautics Gripen program on Linkoping, Sweden. Both shipbuilders have had favorable effects on their local economies. Neither shipbuilder shows evidence of sizable adverse displacement effects; the shipbuilders appear not to have deprived other local firms of labor. On the other hand, neither shipbuilder has given rise to the Silicon Valley type ecosystem of favorable spillovers and spin-offs that appears to have emanated from the Gripen program. The research therefore stakes out a middle-ground position in the Australian policy debate. The authors accept neither a shipbuilding has no impact argument nor a shipbuilding will have large-scale beneficial effects argument. The indigenous production of ships in Australia cannot be expected to have both low opportunity costs and displacements and high levels of favorable spillovers. Instead, these two objectives seem to trade off against one another."--Back cover.
The Economic Consequences of Investing in Shipbuilding
Author: Edward Geoffrey Keating
Publisher: Rand Corporation
ISBN:
Category : Business & Economics
Languages : en
Pages : 0
Book Description
"The Economic Consequences of Investing in Shipbuilding: Case Studies in the United States and Sweden assesses the economic consequences of shipbuilding that is, the economic impacts that a shipbuilder has on its local community and region. This report is part of a larger project to inform Australian policymakers of the economics and feasibility of various strategies for the Australian shipbuilding industrial bases that produce or repair naval surface vessels. The authors utilize a case study methodology to examine Newport News Shipbuilding in Newport News, Virginia, and Austal USA shipbuilding in Mobile, Alabama. They complement and contrast analysis of these shipbuilders by examining the impact of the Saab Aeronautics Gripen program on Linkoping, Sweden. Both shipbuilders have had favorable effects on their local economies. Neither shipbuilder shows evidence of sizable adverse displacement effects; the shipbuilders appear not to have deprived other local firms of labor. On the other hand, neither shipbuilder has given rise to the Silicon Valley type ecosystem of favorable spillovers and spin-offs that appears to have emanated from the Gripen program. The research therefore stakes out a middle-ground position in the Australian policy debate. The authors accept neither a shipbuilding has no impact argument nor a shipbuilding will have large-scale beneficial effects argument. The indigenous production of ships in Australia cannot be expected to have both low opportunity costs and displacements and high levels of favorable spillovers. Instead, these two objectives seem to trade off against one another."--Back cover.
Publisher: Rand Corporation
ISBN:
Category : Business & Economics
Languages : en
Pages : 0
Book Description
"The Economic Consequences of Investing in Shipbuilding: Case Studies in the United States and Sweden assesses the economic consequences of shipbuilding that is, the economic impacts that a shipbuilder has on its local community and region. This report is part of a larger project to inform Australian policymakers of the economics and feasibility of various strategies for the Australian shipbuilding industrial bases that produce or repair naval surface vessels. The authors utilize a case study methodology to examine Newport News Shipbuilding in Newport News, Virginia, and Austal USA shipbuilding in Mobile, Alabama. They complement and contrast analysis of these shipbuilders by examining the impact of the Saab Aeronautics Gripen program on Linkoping, Sweden. Both shipbuilders have had favorable effects on their local economies. Neither shipbuilder shows evidence of sizable adverse displacement effects; the shipbuilders appear not to have deprived other local firms of labor. On the other hand, neither shipbuilder has given rise to the Silicon Valley type ecosystem of favorable spillovers and spin-offs that appears to have emanated from the Gripen program. The research therefore stakes out a middle-ground position in the Australian policy debate. The authors accept neither a shipbuilding has no impact argument nor a shipbuilding will have large-scale beneficial effects argument. The indigenous production of ships in Australia cannot be expected to have both low opportunity costs and displacements and high levels of favorable spillovers. Instead, these two objectives seem to trade off against one another."--Back cover.
An Economic Analysis of Investment in the United States Shipbuilding Industry
Author: Nicholas A. Meyers
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 81
Book Description
Amidst the global economic recession and sizeable injections of federal stimulus packages, the U.S. Navy's budget for ship construction has experienced only modest real growth. While the 2010 Quadrennial Defense Review has reaffirmed a fleet size goal of 313 ships, some suggest that 20 billion dollars or more per year is needed to attain this level of strategic resources. This research has analyzed the United States' shipbuilding industry as a potential source of economic stimulus using measures applied in the United Kingdom by economists at Oxford Economics. First, monetary impacts from the "ship building and repairing" sector were analyzed using U.S. Bureau of Economic Analysis (BEA) input/output data and the "Leontief inversion process" modeled at Carnegie Mellon University. This sector was compared with five alternative investments. Second, the benefits of the shipyard-related labor market were analyzed using data from the BEA and Naval Sea Systems Command. Measures of capital intensity and capacity were then applied to companies representing five industries. The results suggest that U.S. shipbuilding generates monetary benefits comparable to alternatives, while supporting more labor than other sectors. Finally, excess capacity shows a clear ability to absorb an increase in demand, providing prompt and positive impact on sustainable economic recovery.
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 81
Book Description
Amidst the global economic recession and sizeable injections of federal stimulus packages, the U.S. Navy's budget for ship construction has experienced only modest real growth. While the 2010 Quadrennial Defense Review has reaffirmed a fleet size goal of 313 ships, some suggest that 20 billion dollars or more per year is needed to attain this level of strategic resources. This research has analyzed the United States' shipbuilding industry as a potential source of economic stimulus using measures applied in the United Kingdom by economists at Oxford Economics. First, monetary impacts from the "ship building and repairing" sector were analyzed using U.S. Bureau of Economic Analysis (BEA) input/output data and the "Leontief inversion process" modeled at Carnegie Mellon University. This sector was compared with five alternative investments. Second, the benefits of the shipyard-related labor market were analyzed using data from the BEA and Naval Sea Systems Command. Measures of capital intensity and capacity were then applied to companies representing five industries. The results suggest that U.S. shipbuilding generates monetary benefits comparable to alternatives, while supporting more labor than other sectors. Finally, excess capacity shows a clear ability to absorb an increase in demand, providing prompt and positive impact on sustainable economic recovery.
Shipbuilding Technology and Education
Author: Division on Engineering and Physical Sciences
Publisher: National Academies Press
ISBN: 030905382X
Category : Technology & Engineering
Languages : en
Pages : 161
Book Description
The U.S. shipbuilding industry now confronts grave challenges in providing essential support of national objectives. With recent emphasis on renewal of the U.S. naval fleet, followed by the defense builddown, U.S. shipbuilders have fallen far behind in commercial ship construction, and face powerful new competition from abroad. This book examines ways to reestablish the U.S. industry, to provide a technology base and R&D infrastructure sustaining both commercial and military goals. Comparing U.S. and foreign shipbuilders in four technological areas, the authors find that U.S. builders lag most severely in business process technologies, and in technologies of new products and materials. New advances in system technologies, such as simulation, are also needed, as are continuing developments in shipyard production technologies. The report identifies roles that various government agencies, academia, and, especially, industry itself must play for the U.S. shipbuilding industry to attempt a turnaround.
Publisher: National Academies Press
ISBN: 030905382X
Category : Technology & Engineering
Languages : en
Pages : 161
Book Description
The U.S. shipbuilding industry now confronts grave challenges in providing essential support of national objectives. With recent emphasis on renewal of the U.S. naval fleet, followed by the defense builddown, U.S. shipbuilders have fallen far behind in commercial ship construction, and face powerful new competition from abroad. This book examines ways to reestablish the U.S. industry, to provide a technology base and R&D infrastructure sustaining both commercial and military goals. Comparing U.S. and foreign shipbuilders in four technological areas, the authors find that U.S. builders lag most severely in business process technologies, and in technologies of new products and materials. New advances in system technologies, such as simulation, are also needed, as are continuing developments in shipyard production technologies. The report identifies roles that various government agencies, academia, and, especially, industry itself must play for the U.S. shipbuilding industry to attempt a turnaround.
Economic Impact of the U.S. Merchant Marine and Shipbuilding Industries
Author: Hyung C. Chung
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 384
Book Description
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 384
Book Description
The Economic Impact of the U.S. Shipbuilding and Ship Operating Industries
The World Shipbuilding Industry
Author: Daniel Todd
Publisher: Routledge
ISBN: 1000639797
Category : Business & Economics
Languages : en
Pages : 395
Book Description
This book, first published in 1985, presents a comprehensive overview of the world shipbuilding industry. It contrasts the conditions which foster its development in newly-industrialised countries such as Japan, South Korea and Brazil with the problems leading to its decline in Western Europe and North America. The book discusses the supply and demand factors peculiar to shipbuilding and notes the inherent instability of the industry due to the conditions placed upon it by the economic environment. Reactions to this instability are examined from the point of view of both shipbuilding enterprises and governments. The book concludes by assessing current trends and discussing likely future developments. It is shown that much will depend on shipping costs, industrial organisation and the level of state support.
Publisher: Routledge
ISBN: 1000639797
Category : Business & Economics
Languages : en
Pages : 395
Book Description
This book, first published in 1985, presents a comprehensive overview of the world shipbuilding industry. It contrasts the conditions which foster its development in newly-industrialised countries such as Japan, South Korea and Brazil with the problems leading to its decline in Western Europe and North America. The book discusses the supply and demand factors peculiar to shipbuilding and notes the inherent instability of the industry due to the conditions placed upon it by the economic environment. Reactions to this instability are examined from the point of view of both shipbuilding enterprises and governments. The book concludes by assessing current trends and discussing likely future developments. It is shown that much will depend on shipping costs, industrial organisation and the level of state support.
The Economics of Shipbuilding in the United Kingdom
Author: J. R. Parkinson
Publisher: Cambridge University Press
ISBN: 1107601428
Category : Business & Economics
Languages : en
Pages : 245
Book Description
This 1960 volume offers a description, in non-technical language, of the state of the British shipbuilding industry.
Publisher: Cambridge University Press
ISBN: 1107601428
Category : Business & Economics
Languages : en
Pages : 245
Book Description
This 1960 volume offers a description, in non-technical language, of the state of the British shipbuilding industry.
Economic Impact of the U.S. Merchant Marine and Shipbuilding Industries
Author: Hyung C. Chung
Publisher:
ISBN:
Category : Input-output tables
Languages : en
Pages : 400
Book Description
Publisher:
ISBN:
Category : Input-output tables
Languages : en
Pages : 400
Book Description
Report of the Commission on American Shipbuilding
Author: United States. Commission on American Shipbuilding
Publisher:
ISBN:
Category : Shipbuilding
Languages : en
Pages : 512
Book Description
Publisher:
ISBN:
Category : Shipbuilding
Languages : en
Pages : 512
Book Description