The impact of copper production from manganese nodules: A simulation study

Arbeitspapier

The first part of the paper describes the main features of the world copper industry, including consumption, inventories, prices, trade, primary and secondary supply as well as reserves and resources. In the second part an econometric model of the world copper market is derived; theoretical and empirical justifications are provided for some representative equations. Finally, the third part of the paper deals with the results of forecasting and simulation experiments performed with this model. A conditional forecast of the major future developments in the world copper industry and an assessment of the likely impact of ocean floor mining on the copper market constitute the main topics discussed in this part. Base case simulation results (without seabed mining) are reported and compared to three alternative scenarios assuming different recovery rates for copper from deep sea manganese nodules.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Year: 1983 ; Kiel: Institut für Weltwirtschaft (IfW)

Classification and Topics

• Classification: Wirtschaft

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Wagenhals, Gerhard
• Event: Veröffentlichung
• (who): Kiel Institute of World Economics (IfW) ; ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
• (where): Kiel
• (when): 1983

Further information

• Handle: http://hdl.handle.net/10419/47049
• Last update: 10.03.2025, 11:41 AM CET