Econometric Models of Minerals Markets Uses and Limitations |
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Authors: | GERHARD WAGENHALS |
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Institution: | Alfred-Weber Institut, Grabengasse 14, D 6900 Heidelberg, Federal Republic of Germany |
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Abstract: | The article presents a broad non-technical survey of econometric minerals and metals market models. The paper discusses a basic model and its extensions. It identifies weaknesses and strengths of the econometric approach, and discusses the potential of econometric models for minerals policy analysis and forecasting. |
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