Multiple Regression-Based Calculation of Iron Ore Resource Royalty Rate and Analytical Study of Its Influencing Factors: Example from Anhui Province of China

作者: Jian-ming Jiang , Ying-hong Wang , Wei-jia Liu , Yang-guang Xie

DOI: 10.1007/S11053-017-9361-4

关键词:

摘要: Mineral resource royalty is the economic manifestation of mineral ownership benefits. In context globalized allocation, it inevitable to research evaluation in order improve marketized allocation efficiency resources. Current studies mostly include theoretical discussions on connotations and levy criteria from macroeconomic perspective. Studies calculation application microeconomic perspective are not very common. Based defining equity value, a formula suggested first this paper then model constructed endowment conditions with methods multiple regression-based analysis dummy variables. The feasibility scientific justification were verified through empirical iron mines Anhui Province China. Compared previous studies, better interprets linear relationship between simulation their corresponding relation, making up for inadequacy studies. Empirical results indicate following. (1) Endowment resources key influencing factors rate, five these (average geological grade, average mining depth, ore body thickness, hydrogeological condition beneficial harmful elements) important indices evaluation. (2) Royalty increases price rise market products, but rate will infinitely approach constant (60.1%). resources, can accurately objectively evaluate different provide convenient practical method establishing criteria.

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