this study aims to estimate the function of copper consumption using the johansen approach in time series data, between 1991-2011 in iran. the literature review of specialized consumption and demand functions shows factors influencing the consumption of copper including copper price variables, aluminum price as a substitute commodity, oil price as a complementary commodity, and industrializatio...

This study aims to estimate the function of copper consumption using the Johansen approach in time series data, between 1991-2011 in Iran. The literature review of specialized consumption and demand functions shows factors influencing the consumption of copper including copper price variables, aluminum price as a substitute commodity, oil price as a complementary commodity, and industrializatio...

Within the last few decades, copper has been identified as one of the most applicable metals by many researchers. These researchers have also been enthusiastic to predict the price of this valuable metal. These days, the available technical analysis methods have been highly applied in the financial markets. Moreover, the researchers have used these methods to predict the suitable price tr...

This paper studies the dynamic relationship among futures price, spot price of Shanghai metal and futures price of London with the co-integration theory, Granger causality tests, residue analysis, impulse responses function, and variance decomposition on the VECM. The study shows the three have the long equilibrium relationship: the copper futures price of Shanghai have internalities to the fut...

One of the main tasks to analyze and design a mining system is predicting the behavior exhibited by prices in the future. In this paper, the applications of different prediction methods are evaluated in econometrics and financial management fields, such as ARIMA, TGARCH, and stochastic differential equations, for the time-series of monthly copper prices. Moreover, the performance of these metho...

Forecasting the prices of metals is important in many aspects of economics. Metal prices are also vital variables in financial models for revenue evaluation, which forms the basis of an effective payment regime using resource policymakers. According to the severe changes of the metal prices in the recent years, the classic estimation methods cannot correctly estimate the volatility. In order to...