“The factor of distance may also stand for an index of information about export markets.”

—  Jan Tinbergen

Source: Shaping the world economy, 1962, p. 263

Adopted from Wikiquote. Last update Oct. 2, 2023. History

Help us to complete the source, original and additional information

Do you have more details about the quote "The factor of distance may also stand for an index of information about export markets." by Jan Tinbergen?
Jan Tinbergen photo
Jan Tinbergen 21
Dutch economist 1903–1994

Related quotes

Ulysses S. Grant photo

“Santo Domingo is fertile, and upon its soil may be grown just those tropical products of which the United States use so much, and which are produced or prepared for market now by slave labor almost exclusively, namely, sugar, coffee, dyewoods, mahogany, tropical fruits, tobacco, etc. About 75 per cent of the exports of Cuba are consumed in the United States. A large percentage of the exports of Brazil also find the same market. These are paid for almost exclusively in coin, legislation, particularly in Cuba, being unfavorable to a mutual exchange of the products of each country.”

Ulysses S. Grant (1822–1885) 18th President of the United States

1870s, Eighth State of the Union Address (1876)

Jan Tinbergen photo

“The dominant role played by… exporters’ and importers’ GNP and distance in explaining trade flows.”

Jan Tinbergen (1903–1994) Dutch economist

Source: Shaping the world economy, 1962, p. 266

Benjamin Graham photo

“There is something paradoxical in the fact that by establishing an export market we subject our entire domestic production to the vagaries of that market.”

Benjamin Graham (1894–1976) American investor

Part IV, Chapter XIV, Farm Problems and Remedies, p. 172
Storage and Stability (1937)

“It is often said that a monkey could run an index fund. Nothing could be further fro the truth. Precisely tracking an index requires a very high degree of market savvy, discipline and nerve.”

William J. Bernstein (1948) economist

Source: The Four Pillars of Investing (2002), Chapter 13, Defining Your Mix, p. 246.

Nicholas Barr photo

“Perfect competition must hold in product and factor markets, and also (and importantly) in capital markets. The assumption has two essential features: economic agents must be price takers; and they must have equal power.”

Nicholas Barr (1943) British economist

Source: Economics Of The Welfare State (Fourth Edition), Chapter 4, State Intervention, p. 73

William F. Sharpe photo

“Any graduate of the ___ Business School should be able to beat an index fund over the course of a market cycle.”

William F. Sharpe (1934) American economist

Statements such as these are made with alarming frequency by investment professionals. In some cases, subtle and sophisticated reasoning may be involved. More often (alas), the conclusions can only be justified by assuming that the laws of arithmetic have been suspended for the convenience of those who choose to pursue careers as active managers.
William F Sharpe, "The arithmetic of active management." Financial Analysts Journal 47.1 (1991): 7-9.

“The purpose of a classification scheme is to arrange information, in documents on shelves or on cards in indexes, in a sequence that will be helpful to the user.”

Douglas John Foskett (1918–2004)

Source: Classification and indexing in the social sciences (1963), p. 93; As cited in: Mei Hong (2006, p. 44)

Theresa May photo

“In a stand-off between Britain and the EU, 44% of our exports is more important to us than 8% of the EU's exports is to them.”

Theresa May (1956) Prime Minister of the United Kingdom

Speech as Home Secretary on the UK and European Union https://www.gov.uk/government/speeches/home-secretarys-speech-on-the-uk-eu-and-our-place-in-the-world (25 April 2016)

Daniel Hannan photo

“Britain, as a relatively large economy which exports more to non-EU than to EU markets, would be better off trading freely with the single market than belonging to it.”

Daniel Hannan (1971) British politician

http://www.conservativehome.com/thecolumnists/2016/09/daniel-hannan-repeat-after-me-single-market-membership-and-single-market-access-are-not-the-same-thing.html
2010s

Michał Kalecki photo

“The capitalists of a country which manages to capture foreign markets from other countries are able to increase their profits at the expense of the capitalists of the other countries. Similarly, a colonial metropolis may achieve an export surplus through investment in its dependencies.”

Michał Kalecki (1899–1970) Polish economist

Source: Theory of Economic Dynamics (1965), Chapter 3, The Determinants of Profits, p. 51

Related topics