The supply behaviour of state mining enterprises: A case study of the Jordanian phosphate industry |
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Authors: | Alrawashdeh O Rami |
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Institution: | Department of Environmental and Mining Engineering, Al-Hussein Bin Tal University, P.O. Box 20, Ma’an, Jordan |
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Abstract: | An important feature of export-oriented production in mineral-rich developing countries for almost three decades after 1960 was the growth of state-owned enterprises. For the phosphate industry, this was reflected in the expansion of companies such as Office Cherifienne des Phosphate (OCP) in Morocco and the Jordan Phosphate Mines Company (JPMC). There was a strategic importance of the industry for these nations and the large capital outlays necessary for phosphate and fertilizer production expansion often required considerable government assistance because of the perceived high risks of private investment in the industry. |
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Keywords: | Q20 L72 L78 H62 H32 |
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