Copper Overcapacity and the Adjustment Process

Raymond F. Mikesell

Natural Resources Forum, 1988, vol. 12, issue 1, 5-17

Abstract: This article analyses overcapacity in the world copper industry during the 1980s and reviews projections of mine capacity to 1990 and 1996 by the research staffs of the World Bank, the International Wrought Copper Council, and the Intergovernmental Council of Copper Exporting Countries. The process of restoring demand‐supply balance in the copper industry is analysed under alternative assumptions for rates of growth in world consumption and certain conclusions are reached on the implications for copper prices during the 1990s.

Date: 1988
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https://doi.org/10.1111/j.1477-8947.1988.tb00798.x

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Persistent link: https://EconPapers.repec.org/RePEc:wly:natres:v:12:y:1988:i:1:p:5-17

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