Commodity Prices and Appropriate Technology—Some Lessons from Tin Mining

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Thoburn, John (1977) Commodity Prices and Appropriate Technology—Some Lessons from Tin Mining. The Journal of Development Studies, 14 (1). pp. 35-52. ISSN 0022-0388

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Abstract

This paper looks at the economics of the choice of technique in a developing country (Malaysia) as between a labour-intensive, locally developed method of production (gravel pump tin mining) and a capitabintensive method (tin dredging) developed by foreign firms. The ‘appropriateness ‘ of each technique is evaluated by cost-benefit analysis, which finds that rankings by private and by social profitabilities are sensitive both to the discount rate (as one might expect) and (rather surprisingly) to the product price. The paper suggests these findings constitute a new argument in favour of schemes to stabilise primary commodity prices.

Item Type:	Article
Uncontrolled Keywords:	development ,/dk/atira/pure/subjectarea/asjc/3300/3303
Faculty \ School:	Faculty of Social Sciences > School of Global Development (formerly School of International Development)
Related URLs:	http://www.scopus.com/inward/record.url?...
Depositing User:	LivePure Connector
Date Deposited:	26 Nov 2021 01:40
Last Modified:	09 Apr 2023 00:10
URI:	https://ueaeprints.uea.ac.uk/id/eprint/82352
DOI:	10.1080/00220387708421660

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