The metal resources (METRO) model : a dynamic partial equilibrium model for metal markets applied to rare earth elements


Pothen, Frank


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URL: https://ub-madoc.bib.uni-mannheim.de/35366
URN: urn:nbn:de:bsz:180-madoc-353660
Document Type: Working paper
Year of publication: 2013
The title of a journal, publication series: ZEW Discussion Papers
Volume: 13-112
Place of publication: Mannheim
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: F17 , Q31 , Q37,
Keywords (English): Partial equilibrium model , metals , rare earths , exhaustible resources
Abstract: This paper presents the METal ResOurces (METRO) model, a partial equilibrium model tailored for metal markets. It allows for a disaggregated representation of the mining sector and endogenous investment in extractive capacities. It can be calibrated to a large number of metal markets. Rare Earth Elements are the first group of metals for which the model is implemented. A new dataset on Rare Earth mines is compiled to calibrate it. First results on key developments of Rare Earth markets are presented. Extensive sensitivity analyses indicate their robustness.

Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




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Pothen, Frank (2013) The metal resources (METRO) model : a dynamic partial equilibrium model for metal markets applied to rare earth elements. Open Access ZEW Discussion Papers Mannheim 13-112 [Working paper]
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