EconPapers    
Economics at your fingertips  
 

Critical Raw Materials Index -CRMI

Jean-Baptiste Hasse and Capucine Nobletz
Additional contact information
Capucine Nobletz: Centre de recherche de la Banque de France - Banque de France

Working Papers from HAL

Abstract: In this paper, we present a critical raw materials index (CRMI) that represents the price dynamics of the raw materials required for the low-carbon transition. Using a unique market and trade dataset covering 29 critical raw materials from 2012 to 2023, we construct a weekly trade weighted price index following a robust methodological framework. The relevance of our index is demonstrated through a validation process including a plausibility analysis and a comparability analysis. In addition, a sensitivity analysis provides empirical evidence of the robustness of our index to alternative data treatment, weighting factors and weighting schemes. Our framework offers policymakers a useful price benchmark to track the underlying metal market dynamics required by the growing clean energy sectors.

Keywords: Critical Raw Materials Index (CRMI); Energy Transition; Index Construction; Metal prices (search for similar items in EconPapers)
Date: 2024-10-29
Note: View the original document on HAL open archive server: https://hal.science/hal-04759077v1
References: Add references at CitEc
Citations:

Downloads: (external link)
https://hal.science/hal-04759077v1/document (application/pdf)

Related works:
Working Paper: Critical Raw Materials Index - CRMI (2024) Downloads
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:hal:wpaper:hal-04759077

Access Statistics for this paper

More papers in Working Papers from HAL
Bibliographic data for series maintained by CCSD ().

 
Page updated 2025-06-06
Handle: RePEc:hal:wpaper:hal-04759077