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estimates the effect of copper price shocks on mining, manufacturing, and construction-each embodying a sector type. The … empirical findings are for positive spillovers from mining to the other two sectors. However, the estimated size of the … spillovers seems modest, which raises the question of the potential for mining to be better integrated with the rest of the …
Persistent link: https://www.econbiz.de/10011705352
Major mining commodity prices are inherently volatile and cyclical. High levels of investment in China have been a key … driver in the strong world demand for minerals and metals over the past decade. The urbanization and industrialization of …
Persistent link: https://www.econbiz.de/10014401221
.5 percent. By reducing the royalty rate from 6 percent to 3 percent, Mali’s mining code broadly ensures that the risk is shared … between the state and mining companies, provides sufficient incentives to attract new exploration, and is comparable to the …
Persistent link: https://www.econbiz.de/10014402997
Using a sample of 97 countries spanning the period 1980?2008, we estimate that financial crises have a large negative impact on unemployment in the short term, but that this effect rapidly disappears in the medium term in countries with flexible labor market institutions, whereas the impact of...
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This paper examines the empirical link between fiscal policy and the current account focusing on microstates defined as countries with a population of less than 2 million between 1970 and 2009. The paper employs panel regression and panel vector autoregression (VAR) on 155 countries of which 42...
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