La stabilité des prix des ressources non renouvelables

James J. McRae
Additional contact information
James J. McRae: Université de Guelph

L'Actualité Economique, 1977, vol. 53, issue 4, 587-609

Abstract: One particular problem with the competitive solution to resource pricing is the potential for resource price instability. Using monthly data on prices for five different minerals the author examines, with the help of statistical techniques, the behaviour of prices over the years 1922-1974. He finds that fears of potential resource price instability have been overstated. Due either to the capitalization reactions of resource owners, or to the fact that resource markets are characterized by a monopolized industrial structure, real resource prices appear to show remarkable stability.

Date: 1977
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://id.erudit.org/iderudit/800748ar

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:actuec:v:53:y:1977:i:4:p:587-609

Access Statistics for this article

L'Actualité Economique is currently edited by Benoit Dostie

More articles in L'Actualité Economique from Société Canadienne de Science Economique Contact information at EDIRC.
Bibliographic data for series maintained by Benoit Dostie ( this e-mail address is bad, please contact ).