In the latter half of the fourth millennium BC, our ancestors witnessed a remarkable transformation, progressing from simple agrarian villages to complex urban civilizations. In regions as far apart as the Nile Valley, Mesopotamia, Central Asia, and the Indus Valley, the first states appeared...

We extend the model of Bashiri and Lawryshyn (2018) to the metals market and measure the significance of the relationship between metals' prices and normalized excess supply. We utilize Commodity Exchange prices, the World Bureau of Metal Statistics production and consumption data, as well as...

This paper presents estimates of time-varying income elasticities of demand for energy and metal commodities. The analysis finds that the elasticities are close to unity, evaluated at world median per capita income levels. Furthermore, the estimates confirm that as income rises, demand growth...

The grouping of Wolf numbers, Brent crude oil prices and metal price indexes over the years of the average solar cycle Schwabe allowed the author to establish their strong ties.As a result, it became possible to predict oil prices on the basis of the predicted values of Wolf numbers according to...

In many historical episodes, the extent of criminal activity has displayed booms and busts. One very clear example is the case of metal crime, where in the face of big increases in value driven by world commodity prices, the incidence of metal thefts in the UK (and elsewhere) rose very sharply...

Most recent research on flywheel rotors has focused on high-speed composite rotors as the storage element of the flywheel energy storage system (FESS). Literature research indicates that this is primarily due to the high specific energy of composites compared to metals. However, a quantitative...

Objectives: This paper tests the economic theory of criminal behavior. Specifically, it looks at “the carrot” side of the theory, studying how thieves react to changes in monetary gains from crime.Methods: Using a unique crime-level dataset on metal theft in the Czech Republic, we study...

People steal copper and other nonferrous metals to sell them to scrap yard. Simultaneously, prices at scrap yards are set by the world market. We argue that shocks in metal prices represent a quasi-experimental variation in gains from crime. This allows us to estimate the behavioral parameters...

This paper estimates the elasticity of the supply of offenses with respect to the gains from crime. People steal copper and other nonferrous metals to sell them to a scrap yard. Simultaneously, the prices at scrap yards are set at the world market. We argue, that shocks in metal prices represent...

Unter Einbeziehung der Forschungsbereiche Kritikalitätsanalyse, Life Cycle Impact Assessment und Social Life Cycle Assessment entwickelt Christoph Kolotzek ein Modell zur Bewertung metallischer Rohstoffe und präsentiert einen Leitfaden zur Integration des Modells im unternehmerischen Kontext....

We analyze more than 20,000 forecasts of nine metal prices at four different forecast horizons. We document that forecasts are heterogeneous and report that anti-herding appears to be a source of this heterogeneity. Forecaster anti-herding reflects strategic interactions among forecasters that...

Purpose – The main purpose of the paper is to propose an empirical analysis of the relationship between total consumption of different key metals (aluminium, copper, lead, nickel, tin and zinc) and per capita income of some important developing countries (Brazil, China and India) today present...

To date, mineral resources are only mined on land but projected increases in demand have brought the exploration and exploitation of marine mineral resources back into focus. The Atlantis II Deep, located in the central Red Sea between Saudi Arabia and Sudan, is one of the largest marine sulfide...

"Today international commodity markets are being affected by the longest and most pervasive 'wave' of export restrictions on raw materials since the Second World War. The origin of this phenomenon can be traced back to the 2000s commodities boom , and its endurance to an exceptional mix of...