publication . Book . 1984

Economics of Metal Markets

Tilton, J.E.;
Open Access English
  • Published: 01 Apr 1984
  • Publisher: WP-84-034
  • Country: Austria
Abstract
Simple economic principles can provide useful insights into the behavior of metal markets. In applying these principles, however, the analyst must take into account technology, market structure, government policies, and other institutional factors influencing the nature of metal supply and demand. Knowledge of both economics and the metal markets is essential. One without the other is likely to lead to sterile or even misleading results. In support of the above conclusion, this study examines the nature of metal supply and demand in the immediate run (when output is fixed), in the short run (when capacity is fixed), in the long run (when technology and known dep...
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Book . 1984
Provider: IIASA PURE
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