A Study of the Influence of Economic Factors on World Silver Production.

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27350%2F23%3A10253119" target="_blank" >RIV/61989100:27350/23:10253119 - isvavai.cz</a>

Výsledek na webu

<a href="https://doi.org/10.35180/gse-2023-0090" target="_blank" >https://doi.org/10.35180/gse-2023-0090</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.35180/gse-2023-0090" target="_blank" >10.35180/gse-2023-0090</a>

Jazyk výsledku

angličtina

Název v původním jazyce

A Study of the Influence of Economic Factors on World Silver Production.

Popis výsledku v původním jazyce

Silver is a very important raw material used in industry, especially in the electrical and energy industries. With the increase in electromobility, its potential will grow in the future, and any shortage of silver on the world market could be a threat to modern industry. This article deals with the influence of economic factors (price, population, gross domestic product (GDP) and cumulative inflation) on silver production and the creation of appropriate econometric models that best express the relationship between production and economic factors for the period 2000-2020. The influence of economic factors on world silver production is examined using the coefficient of determination and information criteria. The authors use regression analysis in the article, especially these four types: linear, exponential, logarithmic and power. It is evident from the research that the best functional form of regression is exponential according to the coefficient of determination. Based on the investigated economic factors, it has been found that the price is unsuitable for the creation of econometrics; on the other hand, the other factors are eligible.

Název v anglickém jazyce

A Study of the Influence of Economic Factors on World Silver Production.

Popis výsledku anglicky

Silver is a very important raw material used in industry, especially in the electrical and energy industries. With the increase in electromobility, its potential will grow in the future, and any shortage of silver on the world market could be a threat to modern industry. This article deals with the influence of economic factors (price, population, gross domestic product (GDP) and cumulative inflation) on silver production and the creation of appropriate econometric models that best express the relationship between production and economic factors for the period 2000-2020. The influence of economic factors on world silver production is examined using the coefficient of determination and information criteria. The authors use regression analysis in the article, especially these four types: linear, exponential, logarithmic and power. It is evident from the research that the best functional form of regression is exponential according to the coefficient of determination. Based on the investigated economic factors, it has been found that the price is unsuitable for the creation of econometrics; on the other hand, the other factors are eligible.

Druh

J_ost - Ostatní články v recenzovaných periodicích

CEP obor

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OECD FORD obor

50200 - Economics and Business

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2023

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

GeoScience Engineering

ISSN

1802-5420

e-ISSN

—

Svazek periodika

69

Číslo periodika v rámci svazku

Vol. 69 No. 1 (2023)

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

13

Strana od-do

69-81

Kód UT WoS článku

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EID výsledku v databázi Scopus

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