The Review of Economics and Statistics Vol. 28 No. 4 1946
Replacement in the Shipping Industry
Abstract
I904-I4,2 total new construction had two peaks, the first of which coincided with that of replacement and the second with that of new investment. The present study shows clearly that in the period here analyzed, as in the earlier period, replacement was leading in the business cycle. For this analysis, the life characteristics of first-ownerships for the years I932-39 were calculated according to actuarial methods. In the calculations the following symbols were used:
- DOI
- 10.2307/1925420
- Volume
- 28
- Issue
- 4
- Pages
- 225
- Sources
- openalex crossref