Rail transport in Norway Country Code for Norway is 76. The first railway in Norway was the Hoved Line between Oslo and Eidsvoll and opened in 1854. The main purpose of the railway was to freight lumber from Mjøsa to the capital, but also passenger traffic was offered. In the period between the 1860s and the 1880s Norway saw a boom of smaller railways being built, including isolated railways in Central and Western Norway. The predominant gauge at the time was (narrow gauge), but some lines were built in (standard gauge). The height of the era came in 1877 when the Røros Line connected
Organic composition of capital in the Marxian literature. One is formula_2. This is the ratio of constant capital to newly produced value (roughly, what modern economists call "value added"), i.e., surplus-value + variable capital and close to the concept of a capital/output ratio. Less common is the measure used by Paul M. Sweezy, i.e., formula_3, the ratio of constant capital to the total capital invested. The total capital tied up by a capitalist enterprise includes more than fixed assets, materials and wages/salaries; it also includes liquid funds, reserves and other financial assets. For instance, an employer must normally reserve funds to pay for ongoing