IDEAS home Printed from https://ideas.repec.org/p/zbw/ifwkwp/170.html
   My bibliography  Save this paper

A simulation model for the world manganese market

Author

Listed:
  • Foders, Federico
  • Kim, Chungsoo

Abstract

Proposals concerning the future regime to govern deepsea mining put forward at the United Nations Conference on the Law of the Sea reflect a lack of empirically based criteria, particularly with reference to the impact of seabed mining on the metal markets and the redistribution of income implied. A thorough discussion of the issues at stake evidently calls for substantial quantitative work. The aim of the present paper is to contribute to the discussion of this topic as far as the market for manganese ore is affected. First, a dynamic commodity model for manganese is derived, specified and estimated. After establishing its recursive properties the model is then validated in historical simulation and stability analysis. Next, forecasts up to 1995 are made for supply, demand and the price of manganese. Finally, the model is simulated over alternative scenarios, in order to study the sensitivity of the manganese market to a supply shock from deepsea mining under different assumptions about the future economic environment.

Suggested Citation

  • Foders, Federico & Kim, Chungsoo, 1983. "A simulation model for the world manganese market," Kiel Working Papers 170, Kiel Institute for the World Economy (IfW Kiel).
    • Handle: RePEc:zbw:ifwkwp:170
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/2279/1/271785012.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Klaus Brockhoff, 1984. "The production ceiling according to the united nations convention on the law of the sea," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 120(3), pages 541-557, September.
    2. Foders, Federico, 1984. "Who gains from deep-sea mining?," Kiel Working Papers 206, Kiel Institute for the World Economy (IfW Kiel).
    3. Foders, Federico, 1985. "Who gains from deep-sea mining?," Open Access Publications from Kiel Institute for the World Economy 3292, Kiel Institute for the World Economy (IfW Kiel).
    4. Foders, Federico, 1984. "Allokations- und Verteilungswirkungen alternativer Regelungen von internationaler Gemeinnutzungsressourcen," Open Access Publications from Kiel Institute for the World Economy 3286, Kiel Institute for the World Economy (IfW Kiel).
    5. Foders, Federico, 1983. "Allokations- und Verteilungswirkungen alternativer Regelungen von internationalen Gemeinnutzungsressourcen," Kiel Working Papers 185, Kiel Institute for the World Economy (IfW Kiel).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:ifwkwp:170. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/iwkiede.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.