"Consistent Forecasting for the 1980's in State Iron Industry Developme" by Raymond L. Raab and Richard W. Lichty

Article Title

Consistent Forecasting for the 1980's in State Iron Industry Development

Authors

Raymond L. Raab, University of Minnesota, Duluth
Richard W. Lichty, University of Minnesota, Duluth

Document Type

Article

Publication Date

1981

Keywords

Iron industry and trade--Forecasting; Iron ores--Minnesota; Economic development--Mathematical models

Abstract

A large-scale model, SIMLAB, was used to project the iron ore industry through the decade of the 1980's for the state of Minnesota. This forecast shows that past trends in the industry are unlikely to continue through 1990, although output is seen to increase slightly during this period. Future studies will deal with different development scenarios to estimate the impacts of alternate future assumptions from this baseline trend analysis.

First Page

Last Page

Recommended Citation

Raab, R. L., & Lichty, R. W. (1981). Consistent Forecasting for the 1980's in State Iron Industry Development. Journal of the Minnesota Academy of Science, Vol. 47 No.2, 12-15.
Retrieved from https://digitalcommons.morris.umn.edu/jmas/vol47/iss2/6

Primo Type

Article

Download

Included in

Economics Commons

COinS