La stabilité des prix des ressources non renouvelables
One particular problem with the competitive solution to resource pricing is the potential for resource price instability. Using monthly data on prices for five different minerals the author examines, with the help of statistical techniques, the behaviour of prices over the years 1922-1974. He finds that fears of potential resource price instability have been overstated. Due either to the capitalization reactions of resource owners, or to the fact that resource markets are characterized by a monopolized industrial structure, real resource prices appear to show remarkable stability.
Volume (Year): 53 (1977)
Issue (Month): 4 (octobre)
|Contact details of provider:|| Web page: http://www.scse.ca/|
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- McCulloch, J Hutson, 1975. "The Monte Carlo Cycle in Business Activity," Economic Inquiry, Western Economic Association International, vol. 13(3), pages 303-21, September.
- Working, Holbrook, 1974. "Measurement of Cycles in Speculative Prices," Food Research Institute Studies, Stanford University, Food Research Institute, issue 01.
- Working, Holbrook, 1967. "Tests of a Theory Concerning Floor Trading on Commodity Exchanges," Food Research Institute Studies, Stanford University, Food Research Institute.
- Richard L. Gordon, 1967. "A Reinterpretation of the Pure Theory of Exhaustion," Journal of Political Economy, University of Chicago Press, vol. 75, pages 274.
- Larson, Arnold B., 1967. "Price Prediction on the Egg Futures Market," Food Research Institute Studies, Stanford University, Food Research Institute.
When requesting a correction, please mention this item's handle: RePEc:ris:actuec:v:53:y:1977:i:4:p:587-609. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Bruce Shearer)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.