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Mineral commodity consumption and intensity of use re-assessed

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  • Fernandez, Viviana

Abstract

This article considers twenty-five countries—including high-, upper-middle, and lower-middle income ones—with available information on per capita consumption of seven major metals—steel, aluminum, copper, lead, nickel, tin, and zinc—for the 41-year period of 1975–2015. Based on an auto-regressive distributed lag (ARDL) model, short- and long-run per-capita consumption equations are estimated. In addition, the intensity of use (IOU) hypothesis, which establishes that intensity of metal use (i.e., total metal consumption/GDP) depends on economic development, is re-assessed for these mineral commodities.

Suggested Citation

  • Fernandez, Viviana, 2018. "Mineral commodity consumption and intensity of use re-assessed," International Review of Financial Analysis, Elsevier, vol. 59(C), pages 1-18.
    • Handle: RePEc:eee:finana:v:59:y:2018:i:c:p:1-18
    DOI: 10.1016/j.irfa.2018.05.003
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    4. Rami Rawashdeh, 2023. "Estimating short-run (SR) and long-run (LR) demand elasticities of phosphate," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 36(2), pages 239-253, June.
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