DEVELOPMENT OF INDICES OF MINING AND NON-MINING COSTS FOR BOLIVIA

A Bolivian Mining cost index is constructed by combining the prices of the key commodities and weighting them according to their impact on the cost structure of the sector. Such a mining cost index could be estimated quarterly semi-annually, or annually according to the availability of the exogenously provided prices of the key inputs. This index of the Bolivian mining costs could then be used to adjust periodically the standard mining costs by mineral that is being used as the basis for estimating pre-sumptive costs for taxation purposes.