This article examines the degree to which commodity prices have converged on world commodity markets over recent decades. Ideally, increases in communications, central bank activities, and globalization would suggest that commodity prices in spatially dispersed markets should become similar over...

Spatial equilibrium programming methods are increasingly being applied to modeling regional mineral and energy issues. Spatial equilibrium models have been developed to analyze regional commodity trade problems in a national and international context. Mineral models deal with nonfuel minerals...