Abstract
In this paper, productions and prices of metals in 1990's were analyzed. Six metals, aluminum, copper, lead, nickel, tin and zinc, were analyzed. The production levels of these metals were almost flat until 1995 and increased after that. The price levels declined until 1993 and climbed during 1994-96. However, the price levels sharply dropped during 1997-98 due to the international currency crisis. After 1999, the price levels were in rising trends corresponding to the recovery of the world economy.The relationships among the productions, prices and the world GDP were analyzed using the regression models. The findings of the paper were as follows.i) Except tin, the production levels were explained by the prices level of 2 years ago. If the prices were higher than the trend values, the productions in two years later would increase.ii) The growth rate of the world nominal GDP significantly affected to the price levels of aluminum, copper, lead and nickel.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
