This paper constructs a high-frequency, news-based measure of rare earth supply shocks to examine how disruptions in these critical inputs affect global firm valuations. Using news articles between 2021 and 2025, I identify exogenous rare earth supply events, distinguishing between Chinese...

This paper examines the trade dimensions of the policy instruments employed by the United States to secure critical minerals supply chains. Drawing on policy statements, executive orders, tariff schedules, and six bilateral critical minerals agreements announced in 2025, it assesses how US trade...

We design optimal mechanism to collect revenues from nonrenewable resource exploitation, when the resource must be explored and discovered and when there is asymmetric information. The exploration effort may result in a discovery that is revealed only to the firm, and the effort is not observed...

Non-tariff measures (NTMs), especially sanitary and phytosanitary (SPS) measures and technical barriers to trade (TBTs), have become crucial components of climate, industrial, and regulatory policy, impacting the majority of global trade. However, quantifying their effects on trade is...

This paper explores the economic consequences of (taxing) power fragmentation using both theory and data. We first formalize tax policy as the result of interministerial competition where the Minister of Finance ('Guardian') and the Minister of Mines ('Spender') have distinct objective...

The need for developing countries to increase their domestic revenue has always been relevant, especially after the COVID-19 pandemic, which weakened their public finances. This paper analyses the dynamic treatment effects of the Extractive Industries Transparency Initiative (EITI)...

African governments are entering the geopolitical competition over critical raw materials with a growing sense of strategic confidence. While the AU-EU Summit in Luanda in November 2025 reaffirmed political commitments on both sides, European initiatives continue to lose ground. It is true that...

Because of convergence, initial income is an important explanatory variable in many growth regressions. Its omission can lead to misspecification bias that may seem to – but still does not – contradict the common albeit somewhat controversial empirical finding that natural resources, if not...

The climate crisis requires a transition from a fossil-fuel energy system to renewable energy which is heavily reliant on the so-called critical minerals. Both sets of resources are finite/non-renewable and have been widely used for generations. Previous energy related studies have identified...

This paper develops a novel text-based approach to identify CRM-saving innovation using patent data and studies how mineral price signals shape the direction of technological change. Using patent data from 1978–2020, we distinguish technologies that rely on CRMs from those that explicitly aim...

The demand for critical minerals is rising in support of the low-carbon energy transition, as well as global economic growth. Despite its hostile environment, the Arctic is a region with historic and existing mineral production. This paper assesses the potential of the Arctic to make a...

In July 2024, the European Union (EU) and the Serbian government signed a strategic raw materials partnership. For the EU, this cooperation represents an important step towards diversifying its supply chains and strengthening economic partnerships in its neighbourhood. Serbian President...

South Sudan's extensive renewable natural resources are critically important to its predominantly rural population, which relies on largely subsistence livelihoods and has limited access to the market economy. Until recently, almost all South Sudanese lived directly off the land, while colonial...

Unternehmen, die Tantal, Wolfram, Zinn und Gold in die Europäische Union (EU) importieren und einen bestimmten Schwellenwert überschreiten, müssen seit 2021 Sorgfaltspflichten umsetzen um zu verhindern, durch ihre Beschaffungspraktiken zu Konflikten und Menschenrechtsverletzungen beizutragen....

The current study extends the existing literature by exploring the moderating role of governance in the association between natural resources and economic growth. Using a large range of periods (1996-2019) of 48-Asian economies as a sample, this study employs the system GMM and FMOLS models to...

In the global transition to cleaner energy, the role of international mineral trade, which is subject to price volatility and geopolitical competition, is crucial yet complex. This study investigates the dynamic correlation between clusters of international mineral trade (both exports and...

This paper explores the global landscape of civil resistance to mineral extraction and its implications for the political sustainability of the energy transition. As global demand for critical minerals accelerates in association with the energy transition, there is a growing imperative to secure...

This paper examines the untapped fiscal potential of natural resources in the Central African Republic, focusing on the forestry and mining sectors. The paper analyzes current production levels, tax systems, and revenue generation in both sectors, and identifies significant opportunities for...

The energy transition success depends largely on the availability of critical minerals, and this may produce a window of opportunity for producing countries. In this regard, this paper examines the different avenues to maximizing value added from critical minerals production. In particular, we...