MODELS TO MANAGE PRICING IN MINING INDUSTRY

Marius Bulearcă and Cristian Sima
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Cristian Sima: Center for Industry and Services Economics, Bucharest, Romanian Academy

Review of General Management, 2013, vol. 18, issue 2, 126-137

Abstract: Given that economic analysis of extractive industry is fundamentally different from the analysis of agriculture, manufacturing and services, this paper deals with finding and applying the political and economic principles of pricing in mining industry (in the first part), and with demonstrating the relationship between the level of extraction and price trend resulted in time (in the second part)

Keywords: dynamic pricing efficiency; Hotteling’s economic fundamental principle; mining industry; natural resources; price trend. (search for similar items in EconPapers)
JEL-codes: A1 E3 L7 L71 P22 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:fmb:journl:v:18:y:2013:i:2:p:126-137

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