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Record W2300674293 · doi:10.14288/1.0094227

The international diamond trade and the Vancouver market

2010· article· en· W2300674293 on OpenAlexaffabout
Andrew Jordan

Bibliographic record

VenuecIRcle (University of British Columbia) · 2010
Typearticle
Languageen
FieldBusiness, Management and Accounting
TopicState Capitalism and Financial Governance
Canadian institutionsUniversity of British Columbia
Fundersnot available
KeywordsDiamondInternational tradeEconomicsBusinessMaterials scienceMetallurgy

Abstract

fetched live from OpenAlex

The subject of this thesis is the structure of the distribution channel of gem diamonds in the world market, and certain vertical stages of the channel are singled out for more detailed study. The main stages of the distribution structure are: the mining of rough diamonds, the largely centralized sorting and distribution of the rough, the manufacture of polished diamonds in a number world centres, the distribution of the polished gems at several bourses connected with the manufacturing centres, and the operations of the local wholesalers, jewellery manufacturers, and retailers. Three areas are singled out for more detailed study: the De Beers group, which, through the Central Selling Organisation (S.C.O.), dominates the distribution of rough; the Israeli diamond industry, the largest manufacturing and distributing centre of polished diamonds; and finally, the Vancouver retail market for diamonds and diamond jewellery, which is one of the many regional branches of the largely unexplored retail end of the distribution channel. Chapter II provides a base for all that follows by describing in detail the four parameters that are basic for the appraisal of a polished diamond: colour, clarity, cut and weight. An Appendix studies the increment in the price per carat of a polished diamond as the weight of the stone increases. It is found, for example, that the traditional squaring rule gives results close to, but consistently higher than, the actual prices. Chapter III studies the prevailing modes of production in the diamond-producing countries, the historical evolution and present activities of the diamond-cutting centres, and the operations of the major trading centres. It is found that certain characteristics of the diamond-cutting industry make it an ideal field for cottage industries and small firms, working in places situated far from either the mining, the distribution, or the consumer centres. Certain recurrent patterns in the creation and development of local cutting industries are discussed. Chapter IV focuses on the development of the Israeli diamond industry. Since the first years of the State of Israel, the exportation of polished diamonds was seen as one of the main sources of foreign currency, and expansion of the industry was energetically supported by the Israeli government. The main factor limiting the growth of the industry, however, was the supply of rough diamonds. The chapter studies the changing relations between the C.S.O. and the Israeli industry, governmental protection of the industry, and the export figures. The second half of the chapter is devoted to a detailed description of the actual trading at the Israel Diamond Exchange at Ramat Gan. Chapter V studies the role of the C.S.O. in the world market, in the frame provided by the history of the De Beers group. The C.S.O.'s avowed policy of stabilizing prices for. the benefit of the industry as a whole is measured against the recent and on-going developments in the world market, characterized by steeply rising prices, speculative trading and relative shortages of rough, and some tentative explanations are proposed. Chapter VI, finally, describes the Vancouver wholesale and retail diamond markets. Since diamonds are sold by retailers almost exclusively as part of pieces of jewellery, a survey was made of Vancouver jewellery stores to find out the relative popularity and average selling prices of the main types of diamond jewellery. The method employed in this survey involved appraising and counting the jewellery pieces displayed, and direct enquiries from the salesmen. The survey was complemented by sales figures and other information on the buying preferences of Vancouver jewellers, furnished by a local wholesaler. The results were tabulated and compared with published Canadian and American data, and explanations were proposed for the differences found. The chapter concludes with a list of questions for future research on the retail market for diamond jewellery.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.769
Threshold uncertainty score0.967

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0000.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.001
Scholarly communication0.0000.001
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.004
GPT teacher head0.141
Teacher spread0.137 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2010
Admission routes2
Has abstractyes

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