@ARTICLE{Li_Jie_The_2024,
 author={Li, Jie and Xu, Xia},
 volume={vol. 40},
 number={No 3},
 journal={Gospodarka Surowcami Mineralnymi - Mineral Resources Management},
 pages={87-111},
 howpublished={online},
 year={2024},
 publisher={Komitet Zrównoważonej Gospodarki Surowcami Mineralnymi PAN},
 publisher={Instytut Gospodarki Surowcami Mineralnymi i Energią PAN},
 abstract={This paper systematically analyzes the relevant influencing factors of the pricing power of advantageous mineral resources from the perspective of law and economics. It discusses the key factors that affect the pricing power of advantageous mineral resources in China from both macro and micro perspectives. And empirical analysis was conducted based on the structural equation model, using China’s lithium resources as an example to analyze the lithium related market data from 2012 to 2022 for the period of 10 years. The empirical results showed that policy support level PSI, gross domestic product GDP, international market share IMS, and supply and demand relationship index SDRI are key factors that affect the pricing power of advantageous mineral resources at the macro level, and have a significant impact on them, And it presents a positive impact. The supply and demand relationship SDRI, resource quality index RQI, mining cost index MCI, and market competition level MCL index are key factors that affect the pricing power of advantageous mineral resources at the micro level, and have a significant and positive impact on them. Moreover, macro influencing factors are greater than micro factors, which interact with each other and achieve reasonable development and utilization of resources through policy regulation, market mechanisms, and technological innovation, thereby affecting the pricing power of mineral resources. Therefore, in actual regulation, it is necessary to comprehensively consider multiple factors, adopt various means and strategies to improve the pricing power of mineral resources, ensure the sustainable development of resources and the sustained growth of the social economy.},
 type={Article},
 title={The path dependence and adjustment strategy of the pricing power of dominant mineral resources: based on the perspective of law and economics},
 URL={http://journals.pan.pl/Content/132542/Li-Xu.pdf},
 doi={10.24425/gsm.2024.151529},
 keywords={resource pricing, pricing power, advantageous mineral resources, GDP, structural equation},
}