Vertier, Paul; Jacolin, Luc; Mien, Édouard; Léon, Florian - 2025
supply is able to match it. In this paper, we address this question by estimating the price elasticity of supply for 8 … explain a smaller price elasticity of supply in Africa. Turning to mine-level characteristics factors, we find smaller effects … elasticity of supply, reaching 50% on average in the five years following the shock, largely driven by silver, copper, and nickel …
