Analysis of influence of factors of the mineral raw materials market on the productivity of quarries
About authors
- 1 — G.V. Plekhanov Saint Petersburg Mining Institute
- 2 — G.V. Plekhanov Saint Petersburg Mining Institute
- 3 — G.V. Plekhanov Saint Petersburg Mining Institute
Abstract
This paper first of all examines the notion of an equilibrium price for a mineral cоmmodity market. It draws the conclusion that microeconomic theory alone cannot define such a price. It then recapitulates on the reasons for price fluctuations and shows that one can at least identify a floor price and a ceiling price when it proves impossible to identify an equilibrium price. To conclude, it proposes a method for price forecasting, based on a prior analysis of the relevant industrial structure involved.
Область исследования:
(Archived) Geotechnology
Funding:
None
Similar articles
Geotechnological and environmental aspects of construction and operation of ductless heat pipelines in St. Petersburg
2007 L. K. Gorshkov, P. K. Tulin, N. G. Kikichev
Features of the assessment of the impact of mining and industrial enterprises on water ecosystems
2007 D. S. Petrov, M. Yu. Ionova
Numerical modeling of the stress-strain state of the overpass tunnel lining in the zone of their mutual influence
2007 P. A. Demenkov