The world iron ore and steel trade is undergoing significant restructuring, with rapidly developing economies in regions such as China, India, and South Korea emerging as key centers of growth in the sector. Alternatively, the industrialized economies of the European Union, Japan, and North...

This research examines whether a long-run stationary equilibrium relationship holds between aggregate income and consumption of various primary industrial metals. Using the theory of cointegrated processes, it is possible to determine if metals consumption and income follow a common stochastic...

An econometric model of world trade in iron or and steel was developed to examine the impact on world supply, demand, trade, and prices due to prolonged growth in Chinese industrial production. The model - built in 1993 adequately predicted the phenomenal growth in production and prices that...

In this paper, the adoption of electric arc furnace steelmaking technology is examined within a growth model of technological diffusion. The results indicate that the trend rate of adoption of electric are furnace technology is well represented by the S-shaped growth curve. Further results...

Evaluation of US agricultural policy reform is complicated by the interaction of price support programs and production constraints. Researchers have typically presumed that price support policies as observed in the US wheat program increase the producer incentive at the margin,' however, little...

Evaluation of US agricultural policy reform is complicated by the interaction of price support programs and production constraints. Researchers have typically presumed that price support policies as observed in the US wheat program increase the producer incentive at the margin,' however, little...

Asset valuation typically plays an important role in the determination of regulated tariffs, and, accordingly the methodology employed in the valuation of such assets provides a rich source of academic analysis and applied case study. The topic of asset valuation is made more interesting given...

In Australia much of the regulatory thinking on asset valuation was perhaps born of the Council of Australian Governments agreements on industry reform and competition policy of the early 1990s'. By 1994 deprival value had been established as the preferred method for asset valuation of...