This paper evaluates the shipping repair industry in the United States.
Written in 2008; 1,059 words; 6 sources; APA; $ 37.95
Paper Summary:
The paper provides an overview of the shipping repair industry and examines the macroeconomic variables that affect the industry. The paper discusses how changes in macroeconomic policies have a direct impact on the activities within the sector. The paper shows how the interconnectedness of this particular industry makes it important to the overall sustenance and development of the economy. The paper includes graphs and tables.
Outline:
Overview of the Shipping Repair Industry
Macroeconomic Variables that Affect the Shipping Repair Industry
A Time-Series & Environmental Analysis
From the Paper:
""The shipbuilding and ship repair sector builds and repairs ships, barges, and other large vessels for military and commercial clients", (EPA, 2006, p. 71). There are active shipyards in over 58% of the states in the United States (LECG, 2002, p. 3), since almost all coastal states have active shipyards. This translates into an active and vibrant shipping repair industry in the United States.
"The sector is affected by many macroeconomic variables, since it plays a vital role with transportation which acts as a liaison for international trade and growth sectors. More importantly, facilities that build ships also repair them, which creates a niche and linkage of ship building and ship repair industries; this usually translates into significant spillover effects within the society, (EPA, 2006, p 71)."
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