Dahl Mineral Elasticity of Demand and Supply Database (MEDS)

Minerals and metals are critical materials in advanced industrial economies as well as for those on the path to industrializing. Their criticality, capital intensity, and cyclicity all point to the need for those involved along the supply chain to understand the drivers in these markets and the size and speed of response to them. Since demand and supply elasticities can be valuable summaries to help us understand these responses, this database is an ongoing effort to collect and catalogue the available estimates. Most of the elasticities are derived from econometric work and the database contains elasticities as well as information on the sample (what, where, when), included variables and equations, statistical techniques and statistical properties of the estimates.