A detailed Social Accounting Matrix (SAM) for Chile is developed for the year 2017. The main data source for developing the SAM is the Central Bank of Chile, from which a 2017 Inputoutput Table (IOT), the national accounts and the Integrated Economic Table (IET) are obtained. Additional sources...

A detailed Social Accounting Matrix (SAM) for Chile is developed for the year 2017. The main data source for developing the SAM is the Central Bank of Chile, from which a 2017 Inputoutput Table (IOT), the national accounts and the Integrated Economic Table (IET) are obtained. Additional sources...

The motivation of this paper is to identify the effect of treatment charge (TC) on LME (London Metal Exchange) copper prices. It is a fundamental variable as a supply side factor, because it is related to the smelting process and reflects the level of concentrates market tightness. To examine...

This paper seeks to investigate the time-varying dynamic conditional correlations to the five most important future metal markets, namely Gold, Silver, Copper, Zinc and Aluminium. We employ a multivariate Fractionally Integrated Generalized ARCH (FIGARCH) dynamic conditional correlation (cDCC)...

"In this book, Duncan Money convincingly argues that the actions, organisations and identities of the White mineworkers who came to Zambia's Copperbelt from the 1920s onwards were shaped by their international connections, experiences and mobility. Drawing on research from archives on four...

Southern African countries-mainly Zambia and the Democratic Republic of the Congo-account for around a seventh of global production of copper. In the 2010s, they imported over a third of the associated capital goods and components from South Africa. Given this strength, some observers suggest...

Given that China accounts for about half of global copper consumption, it is reasonable to expect that any significant change in Chinese copper consumption will have an impact on the global market. This paper examines the likely impact of the rebalancing of the Chinese economy on its copper...

Southern African countries-mainly Zambia and the Democratic Republic of the Congo-account for around a seventh of global production of copper. In the 2010s, they imported over a third of the associated capital goods and components from South Africa. Given this strength, some observers suggest...

In this chapter, we try to disentangle the theoretical background for assessing the macroeconomic impacts of raw material efficiency strategies. We concentrate our discussion on a case study of copper for Germany and show the reasoning behind the implementation in a macroeconomic assessment...

We use data from the London Metal Exchange (LME) to forecast monthly copper returns using the recently proposed dynamic model averaging and selection (DMA/DMS) methodology which incorporates time varying parameters as well as time varying model averaging and selection into a unifying framework....

This Working Paper presents a brief but comprehensive graphical overview of copper contained in international trade, from copper concentrates through to finished products. Extensive data checks and a simple consolidation method were performed before visualizing the data on world maps. While data...

Many new and efficient technologies require "critical metals" to function. These metals are often extracted as by-product of another metal, and their future supply is therefore dependent on mining developments of the host metal. Supply of critical metals can also be constrained because of...

This Working Paper presents a brief but comprehensive graphical overview of copper contained in international trade, from copper concentrates through to finished products. Extensive data checks and a simple consolidation method were performed before visualizing the data on world maps. While data...

Many new and efficient technologies require "critical metals" to function. These metals are often extracted as by-product of another metal, and their future supply is therefore dependent on mining developments of the host metal. Supply of critical metals can also be constrained because of...

This paper estimates the effect of copper prices on Chile’s growth at various time horizons. We find that a price decline is likely to have a durable (although not permanent) effect on GDP growth: while the impact is the strongest in the first 3 years after the shock, the transition towards...

The objective of this paper is to value as a Real Option the License of a copper mine in the exploration stage. We conceive the License of a copper mine, as the value of a call option that gives us the right to invest in the next stage. The underlying asset is the Net Present Value (NPV) of the...

Stormwater runoff, a substantial source of nonpoint pollution, can be treated using Best Management Practices (BMPs), such as the Media Filter Drain (MFD). An MFD is a trench filled with an engineered media mix, usually with a grass overlay, that receives runoff from the paved roadway next to...

Over the past two decades, China has come to dominate internationalcommerce in copper. The importance of the Shanghai Futures Exchange(SHFE) has increased in response to this development. We look at thedistribution of price discovery between the SHFE and the two historicallyimportant copper...

KEY ISSUES<br>Politics: President Bachelet won the Presidential election on a platform to foster<br>inclusive growth and reduce inequality. Her government took office in March 2014 and is launching <br>an ambitious policy agenda that includes important reforms in several areas, including taxation,...

This paper examines the factors affecting the weekly peso/dollar exchange rate movements between 1999 and 2013 using an error correction model. The model fits the historical data well. While copper price is the most important determinant of the peso exchange rate over the long run, other factors...

Trends and prospects of international major commodity prices. In 2012, the international commodity markets have seen declining prices, especially during the first half of the year, with some improvement mainly in the last quarter. On the whole, most of major commodity prices declined, following...

Zambia is a landlocked country located in southern central Africa and it is one of the poorest countries in the world and is considered a least developed country. Malnutrition is a chronic and difficult problem in this country. Agriculture is the main occupation and maize is the staple food....

This paper challenges the widely held hypothesis, considered as accepted scientific consensus in some circles, that modern industrial society is rapidly exhausting non-renewable resources. We argue that this paradigm is amiss and use copper availability as an example to demonstrate the problems...

This paper examines the factors affecting the weekly peso/dollar exchange rate movements between 1999 and 2013 using an error correction model. The model fits the historical data well. While copper price is the most important determinant of the peso exchange rate over the long run, other factors...

Governments may decide to control the export of unprocessed raw materials hoping that this will promote local downstream industries. There is scant empirical examination of the actual outcomes of such policies put in place. This paper describes use of export control measures by four...