2015
DOI: 10.1016/j.resourpol.2015.09.005
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The employment and population impacts of the boom and bust of Talvivaara mine in the context of severe environmental accidents – A CGE evaluation

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Cited by 14 publications
(6 citation statements)
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“…The CGE models are extensively used for scenario analysis of the implementation of different economic policy measures (e.g., taxes), and they do also address the relative price changes following changes in the economy (e.g., Ye 2008;Törmä et al 2015). 5 CGE models typically depart from the national supply and use tables (the national accounts).…”
Section: Methodological Approaches In Previous Empirical Researchmentioning
confidence: 99%
“…The CGE models are extensively used for scenario analysis of the implementation of different economic policy measures (e.g., taxes), and they do also address the relative price changes following changes in the economy (e.g., Ye 2008;Törmä et al 2015). 5 CGE models typically depart from the national supply and use tables (the national accounts).…”
Section: Methodological Approaches In Previous Empirical Researchmentioning
confidence: 99%
“…It should be noted that the care and maintenance phase of activities requires a very minimal or part-time workforce and that a 'bust' phase following a SOSO or other mining 'boom' may significantly impact regional value chains and communities (Marchand, 2012). This is observed throughout the extractive industries (Marais et al, 2018;Shandro et al, 2011;Törmä et al, 2015), but it may be more acute for SOSO mining of ore deposits very close to economic feasibility.…”
Section: Jobs Automation and Skills In A Soso Mining Workforcementioning
confidence: 99%
“…Thus, the benefit sharing arrangements represent an integral part of an FPIC process. PS7 (18) states that the client, together with the affected Indigenous community, will identify 'opportunities for culturally appropriate and sustainable development benefits' and will ensure 'the timely and equitable delivery of the agreed measures'. PS7 (19) states that benefit sharing will 'take account of the laws, institutions and customs of these communities, as well as their level of interaction with mainstream society'.…”
Section: Company-focused Standards and Initiativesmentioning
confidence: 99%
“…They may not receive many of the tax payments or revenues generated by projects, while local workers and businesses may not have the skills or experience-or indeed the desire-to compete for jobs and contracts [6]. This imbalance of costs and benefits is compounded by the unpredictable nature of commodity markets and the impacts on communities of economic slumps or sudden project closures [18][19][20]. Inadequate or poorly-managed benefit-sharing can lead to the breakdown of trust, to social tension or even conflict, threatening the success of projects, company profits and the ability of governments to meet policy goals [21,22].…”
Section: Introductionmentioning
confidence: 99%