Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/88690
Authors: 
Pothen, Frank
Year of Publication: 
2013
Series/Report no.: 
ZEW Discussion Papers 13-112
Abstract: 
This paper presents the METal ResOurces (METRO) model, a partial equilibrium model tailored for metal markets. It allows for a disaggregated representation of the mining sector and endogenous investment in extractive capacities. It can be calibrated to a large number of metal markets. Rare Earth Elements are the first group of metals for which the model is implemented. A new dataset on Rare Earth mines is compiled to calibrate it. First results on key developments of Rare Earth markets are presented. Extensive sensitivity analyses indicate their robustness.
Subjects: 
Partial Equilibrium Model
Metals
Rare Earths
Exhaustible Resources
JEL: 
F17
Q31
Q37
Document Type: 
Working Paper

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