The Spanish building crisis and its effect in the gypsum quarry production (1998–2012)

作者: M.J. Herrero , J.I. Escavy , M. Bustillo

DOI: 10.1016/J.RESOURPOL.2013.02.005

关键词: Investment (macroeconomics)Public workGypsumFinancial crisisFellProduction (economics)Natural resource economicsConstruction industryEconomicsIndustrial mineral

摘要: Abstract Gypsum is one of the most important mined mineral commodities world. As an industrial rock, it primarily used by construction industry. Therefore, economics gypsum market can be correlated with parameters that have controlled origin and development Spanish building bubble between years 1998 2006. The burst this has been interpreted as main triggering factor for Spain's current crisis. quarry production during golden period industry, reached 15.3 Mt, domestic apparent demand high 11.8 Mt. After period, decreased to 4.3 Mt in year 2010, fell 7.0 Mt. These decreases were caused not only bubble, but also from global financial crisis public works investment cuts. This analysis predicts a continuation decreasing 2013, at least 270,000 t.

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