IDEAS home Printed from https://ideas.repec.org/a/eee/jrpoli/v53y2017icp173-189.html
   My bibliography  Save this article

Security of mineral resources: A new framework for quantitative assessment of criticality

Author

Listed:
  • Daw, Georges

Abstract

This article discusses the limits of economic growth through the issue of criticality of mineral raw materials. It proposes to use and expand the existing work-but not in France or for France- and then apply them to the French economy between 2009 and 2014 via the example of lithium to provide available indicators and the methodology for identifying pressure signals in the supply of raw materials not so far undetectable in existing criticality studies. After building a database on 15 years of production and world trade of lithium, a literature contextualizing the issue of criticality and articulating the criticality factors with the functioning of commodity markets is performed. The reference model of the European Commission is then explained. In addition to these introductory contributions, the main are threefold: the reconfiguration of existing indicators criticality to the French case; the proposal of a new complementary criticality indicator to the Commission's two and which takes into account not only the upstream market of the material but also its downstream processing by the economy; finally the definition of high and low criticality allows to generate twelve indicators and variants (four strong(s) and eight low) from the two previous points and subjected to robustness checks.

Suggested Citation

  • Daw, Georges, 2017. "Security of mineral resources: A new framework for quantitative assessment of criticality," Resources Policy, Elsevier, vol. 53(C), pages 173-189.
    • Handle: RePEc:eee:jrpoli:v:53:y:2017:i:c:p:173-189
    DOI: 10.1016/j.resourpol.2017.06.013
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301420716301726
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.resourpol.2017.06.013?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. John Hartwick, 1977. "Intergenerational Equity and the Investment of Rents from Exhaustible Resources in a Two Sector Model," Working Paper 281, Economics Department, Queen's University.
    2. Yaksic, Andrés & Tilton, John E., 2009. "Using the cumulative availability curve to assess the threat of mineral depletion: The case of lithium," Resources Policy, Elsevier, vol. 34(4), pages 185-194, December.
    3. N.T. Nassar & Xiaoyue Du & T.E. Graedel, 2015. "Criticality of the Rare Earth Elements," Journal of Industrial Ecology, Yale University, vol. 19(6), pages 1044-1054, December.
    4. Harold Hotelling, 1931. "The Economics of Exhaustible Resources," Journal of Political Economy, University of Chicago Press, vol. 39(2), pages 137-137.
    5. Hartwick, John M, 1977. "Intergenerational Equity and the Investing of Rents from Exhaustible Resources," American Economic Review, American Economic Association, vol. 67(5), pages 972-974, December.
    6. Rosenau-Tornow, Dirk & Buchholz, Peter & Riemann, Axel & Wagner, Markus, 2009. "Assessing the long-term supply risks for mineral raw materials--a combined evaluation of past and future trends," Resources Policy, Elsevier, vol. 34(4), pages 161-175, December.
    7. Achzet, Benjamin & Helbig, Christoph, 2013. "How to evaluate raw material supply risks—an overview," Resources Policy, Elsevier, vol. 38(4), pages 435-447.
    8. Robert M. Solow, 1974. "The Economics of Resources or the Resources of Economics," Palgrave Macmillan Books, in: Chennat Gopalakrishnan (ed.), Classic Papers in Natural Resource Economics, chapter 12, pages 257-276, Palgrave Macmillan.
    9. Paul W. Gruber & Pablo A. Medina & Gregory A. Keoleian & Stephen E. Kesler & Mark P. Everson & Timothy J. Wallington, 2011. "Global Lithium Availability," Journal of Industrial Ecology, Yale University, vol. 15(5), pages 760-775, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Disna Eheliyagoda & Xianlai Zeng & Jinhui Li, 2020. "A method to assess national metal criticality: the environment as a foremost measurement," Palgrave Communications, Palgrave Macmillan, vol. 7(1), pages 1-12, December.
    2. Sterba, Jiri & Krzemień, Alicja & Riesgo Fernández, Pedro & Escanciano García-Miranda, Carmen & Fidalgo Valverde, Gregorio, 2019. "Lithium mining: Accelerating the transition to sustainable energy," Resources Policy, Elsevier, vol. 62(C), pages 416-426.
    3. Mitja Mori & Rok Stropnik & Mihael Sekavčnik & Andrej Lotrič, 2021. "Criticality and Life-Cycle Assessment of Materials Used in Fuel-Cell and Hydrogen Technologies," Sustainability, MDPI, vol. 13(6), pages 1-29, March.
    4. Christoph Helbig & Martin Bruckler & Andrea Thorenz & Axel Tuma, 2021. "An Overview of Indicator Choice and Normalization in Raw Material Supply Risk Assessments," Resources, MDPI, vol. 10(8), pages 1-26, August.
    5. Teixeira, Bernardo & Brito, Miguel Centeno & Mateus, António, 2024. "Raw materials for the Portuguese decarbonization roadmap: The case of solar photovoltaics and wind energy," Resources Policy, Elsevier, vol. 90(C).
    6. Nur Dwiana Sari Saudi & Indraswati Tri Abdi Reviane & Abdul Hamid Paddu & Grisvia Agustin & Fitriwati Djam'an & Sabbar Dahham Sabbar, 2024. "Carbon Neutrality and Sustainable Development: An Empirical Study of Indonesia’s Renewable Energy Adoption," International Journal of Energy Economics and Policy, Econjournals, vol. 14(4), pages 526-537, July.
    7. Kim, Juhan & Lee, Jungbae & Kim, BumChoong & Kim, Jinsoo, 2019. "Raw material criticality assessment with weighted indicators: An application of fuzzy analytic hierarchy process," Resources Policy, Elsevier, vol. 60(C), pages 225-233.
    8. Griffin, Gillian & Gaustad, Gabrielle & Badami, Kedar, 2019. "A framework for firm-level critical material supply management and mitigation," Resources Policy, Elsevier, vol. 60(C), pages 262-276.
    9. Zhou, Na & Wu, Qiaosheng & Hu, Xiangping & Zhu, Yongguang & Su, Hui & Xue, Shuangjiao, 2020. "Synthesized indicator for evaluating security of strategic minerals in China: A case study of lithium," Resources Policy, Elsevier, vol. 69(C).
    10. Shule Li & Jingjing Yan & Qiuming Pei & Jinghua Sha & Siyu Mou & Yong Xiao, 2019. "Risk Identification and Evaluation of the Long-term Supply of Manganese Mines in China Based on the VW-BGR Method," Sustainability, MDPI, vol. 11(9), pages 1-23, May.
    11. Nassani, Abdelmohsen A. & Aldakhil, Abdullah Mohammed & Zaman, Khalid, 2021. "Ecological footprints jeopardy for mineral resource extraction: Efficient use of energy, financial development and insurance services to conserve natural resources," Resources Policy, Elsevier, vol. 74(C).
    12. Donni Fajar Anugrah & Arnita Rishanty & Maxensius Tri Sambodo & Ade Dwi Aryani, 2023. "Critical Minerals Industries In Indonesia: A Firm-Level Perspective," Working Papers WP/06/2023, Bank Indonesia.
    13. Wei, Jing & Zhang, Jianjun & Wu, Xia & Song, Zeyu, 2022. "Governance in mining enterprises: An effective way to promote the intensification of resources—Taking coal resources as an example," Resources Policy, Elsevier, vol. 76(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Michael Ludwig & Herbert G. Mayer & Andreas W. Rathgeber & Christina Spriegel & Florian Vogg, 2017. "A truly market-value weighted commodity index," Journal of Asset Management, Palgrave Macmillan, vol. 18(3), pages 222-242, May.
    2. Hala Abu-Kalla & Ruslana Rachel Palatnik & Ofira Ayalon & Mordechai Shechter, 2020. "Hoard or Exploit? Intergenerational Allocation of Exhaustible Natural Resources," Energies, MDPI, vol. 13(24), pages 1-20, December.
    3. Hache, Emmanuel & Seck, Gondia Sokhna & Simoen, Marine & Bonnet, Clément & Carcanague, Samuel, 2019. "Critical raw materials and transportation sector electrification: A detailed bottom-up analysis in world transport," Applied Energy, Elsevier, vol. 240(C), pages 6-25.
    4. Manel Kamoun & Ines Abdelkafi & Abdelfetah Ghorbel, 2019. "The Impact of Renewable Energy on Sustainable Growth: Evidence from a Panel of OECD Countries," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 10(1), pages 221-237, March.
    5. Smith, James L., 2012. "On the portents of peak oil (and other indicators of resource scarcity)," Energy Policy, Elsevier, vol. 44(C), pages 68-78.
    6. Manel Kamoun & Ines Abdelkafi & Abdelfetah Ghorbel, 2020. "Does Renewable Energy Technologies and Poverty Affect the Sustainable Growth in Emerging Countries?," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 11(3), pages 865-887, September.
    7. van den Bremer, Ton & van der Ploeg, Frederick & Wills, Samuel, 2016. "The Elephant In The Ground: Managing Oil And Sovereign Wealth," European Economic Review, Elsevier, vol. 82(C), pages 113-131.
    8. Daniele Schilirò, 2019. "Sustainability, Innovation, and Efficiency: A Key Relationship," Palgrave Studies in Impact Finance, in: Magdalena Ziolo & Bruno S. Sergi (ed.), Financing Sustainable Development, chapter 0, pages 83-102, Palgrave Macmillan.
    9. Hart, Rob, 2016. "Non-renewable resources in the long run," Journal of Economic Dynamics and Control, Elsevier, vol. 71(C), pages 1-20.
    10. Giuseppe Cornelli, 2017. "Cosa s’intende per sostenibilità economica? Riflessione sul significato di sistema economicamente sostenibile/What is meant by economic ustainability? Reflection on the definition of today’s concept o," IRCrES Working Paper 201710, CNR-IRCrES Research Institute on Sustainable Economic Growth - Moncalieri (TO) ITALY - former Institute for Economic Research on Firms and Growth - Torino (TO) ITALY.
    11. Perrings, Charles, 2014. "Environment and development economics 20 years on," Environment and Development Economics, Cambridge University Press, vol. 19(3), pages 333-366, June.
    12. Fondo Sikod & Gadom Djal-Gadom & et Armand Luc Fotuè Totouom, 2013. "Soutenabilité Economique d'une Ressource Epuisable: Cas du Pétrole Tchadien," African Development Review, African Development Bank, vol. 25(3), pages 344-357, September.
    13. Humberto Llavador & John E. Roemer & Joaquim Silvestre, 2013. "Should we sustain? And if so, sustain what? Consumption or the quality of life?," Chapters, in: Roger Fouquet (ed.), Handbook on Energy and Climate Change, chapter 30, pages 639-665, Edward Elgar Publishing.
    14. Edward B. Barbier & Joanne C. Burgess, 2021. "Sustainable Use of the Environment, Planetary Boundaries and Market Power," Sustainability, MDPI, vol. 13(2), pages 1-19, January.
    15. Martinet, Vincent, 2007. "A step beside the maximin path: Can we sustain the economy by following Hartwick's investment rule?," Ecological Economics, Elsevier, vol. 64(1), pages 103-108, October.
    16. Vincent Martinet, 2007. "Maximizing minimal rights for sustainability: a viability approach," Working Papers hal-04139217, HAL.
    17. Hou, Zheng & Roseta-Palma, Catarina & Ramalho, Joaquim José dos Santos, 2021. "Does directed technological change favor energy? Firm-level evidence from Portugal," Energy Economics, Elsevier, vol. 98(C).
    18. Bazhanov, Andrei V., 2022. "Extraction path and sustainability," Resources Policy, Elsevier, vol. 76(C).
    19. Dzhumashev, Ratbek, 2024. "The role of physical constraints on production," Ecological Economics, Elsevier, vol. 216(C).
    20. Kwabena Asomanin Anaman & Felix Agyei-Sasu, 2014. "The Economic Value of Environmental Capital Inputs Used to Produce the Gross Domestic Product in Ghana, 1993 to 2012," Research in World Economy, Research in World Economy, Sciedu Press, vol. 5(2), pages 74-92, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jrpoli:v:53:y:2017:i:c:p:173-189. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/30467 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.