Scientific Quarterly Journal of Geosciences

Scientific Quarterly Journal of Geosciences

Implementation of the Domestic Resources Cost (DRC) Method for Comparative Advantage Analysis of the Operating Gold Mines in Iran

Document Type : Original Research Paper

Authors
Mohammad Hasan Basiri 1
Fatemeh sadat Nabiyan Javardy 2
1 Faculty of Engineering, Tarbiat Modarres University, Tehran, Iran
2 Mining Study Plan, Ministry of Industries and Mines
Abstract
   The comparative advantage of minerals from production and export point of view is one of the important key factors in economical activities. This issue is central in the developing countries. In Iran, promoting the non-petroleum export and diverting from the single-product economy to a wide range of exports is a major issue. This is an excellent potential for the mining investment. In this paper, the comparative advantage of operating gold mines in Iran, from the production to the export stages, is evaluated by the implementation of the Domestic Resources Cost (DRC) method. Finally, this study recommends a regime for the promoting of the production and export or importing the ore. Accuracy of this method is examined by the comparing the result with the real standard ratio, being used in the other countries.
 
Keywords
Iran
Gold Mines
Comparative Advantage
Production
Exports
Domestic Resources Cost
World Index

Subjects

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Scientific Quarterly Journal of Geosciences
Volume 15, Issue 57
Autumn 2006, Vol. 15, No. 57
Autumn 2006
Pages 2-15