The boom in mineral markets: How long might it last?

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dc.contributor.authorRadetzki, Marian
dc.contributor.authorEggert, Roderick G.
dc.contributor.authorLagos, Gustavo
dc.contributor.authorLima, Marcos
dc.contributor.authorTilton, John E.
dc.date.accessioned2024-01-10T14:21:55Z
dc.date.available2024-01-10T14:21:55Z
dc.date.issued2008
dc.description.abstractThe commodity price boom that emerged in 2004 has proved far more persevering than its predecessors of 1950 and 1973. Some analysts have suggested that it may represent the start of a "supercycle" caused by the voracious raw materials demand from China and other emerging economies, with prices remaining high for 20-30 years. We offer an alternative explanation. For a variety of reasons, the establishment of new capacity in minerals and energy to match the accelerated demand trends is more time consuming than commonly assumed, and may take a decade or longer. As soon as the new capacity is in place, however, the boom will be punctuated. Prices may collapse much earlier in the event of a severe recession that cuts the growth in commodity demand. (C) 2008 Elsevier Ltd. All rights reserved.
dc.fechaingreso.objetodigital09-04-2024
dc.format.extent4 páginas
dc.fuente.origenWOS
dc.identifier.doi10.1016/j.resourpol.2008.05.002
dc.identifier.eissn1873-7641
dc.identifier.issn0301-4207
dc.identifier.urihttps://doi.org/10.1016/j.resourpol.2008.05.002
dc.identifier.urihttps://repositorio.uc.cl/handle/11534/79814
dc.identifier.wosidWOS:000261257000001
dc.information.autorucIngeniería;Lagos G;S/I;99352
dc.information.autorucIngeniería;Lima M;S/I;49096
dc.information.autorucIngeniería;Tilton J;S/I;1002636
dc.issue.numero3
dc.language.isoen
dc.nota.accesoContenido parcial
dc.pagina.final128
dc.pagina.inicio125
dc.publisherELSEVIER SCI LTD
dc.revistaRESOURCES POLICY
dc.rightsacceso restringido
dc.subject.ods12 Responsible Consumption and Production
dc.subject.odspa12 Producción y consumo responsable
dc.titleThe boom in mineral markets: How long might it last?
dc.typeartículo
dc.volumen33
sipa.codpersvinculados99352
sipa.codpersvinculados49096
sipa.codpersvinculados1002636
sipa.indexWOS
sipa.indexScopus
sipa.trazabilidadCarga SIPA;09-01-2024
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