Graham A. Davis

  Professor
  Division of Economics and Business
  Colorado School of Mines
  Golden, CO 80401-1887
  USA

Education

• B.Sc., Metallurgical Engineering, Queen's University, Canada
• MBA, University of Cape Town
• Ph.D., Mineral Economics, Pennsylvania State University

Research

• Dutch Disease, Resource Curse, Mineral and Energy Asset Valuation, Real Options, Mineral Royalties and Taxes, Mine Planning and Optimization.

Recent Publications

• Davis, G. A., and Cairns, R. D. "Good timing: the economics of optimal stopping." Forthcoming, Journal of Economic Dynamics and Control.
• Davis, G. A., and Vasquez, A. C. "International trade in mining products." Forthcoming, Journal of Economic Surveys.
• Davis, G. A. "The resource drag." International Economics and Economic Policy, 8 (2011): 155-76.
• Davis, G. A. "Extractive economies, growth and the poor," in Mining, Society, and a Sustainable World, edited by Jeremy P. Richards. Berlin: Springer-Verlag, 37-60.
• Bertisen, J., and Davis, G. A. "Bias and error in mine project capital cost estimation." Engineering Economist 53.2 (2008): 118-39.
• Davis, G. A., and Tilton, J. E. "Why the Resource Curse is a concern." Mining Engineering 60.4 (2008): 29-32.
• Davis, G. A., and Newman, A. M. "Modern strategic mine planning." Proceedings of the 2008 Australian Mining Technology Conference, AusIMM, Carlton, Australia (2008), 129-39.
• Samis, M. R., Davis, G. A., and Laughton, D. G. "Using stochastic discounted cash flow and Monte Carlo simulation to analyze the impacts of contingent taxes on mining projects." Project Evaluation 2007, AusIMM, Carlton, Australia (2007), 127-37.
• Davis, G. A. "Measuring unambiguously pro-poor growth." Journal of Economic and Social Measurement 32.4 (2007): 253-61.
• Davis, G. A. "Reflections of a first-time replicator." Journal of Economic and Social Measurement 32.4 (2007): 263-66.
• Davis, G. A., and Samis, M. "Using real options to value and manage exploration," in Wealth Creation in the Minerals Industry: Integrating Science, Business, and Education, edited by Michael D. Doggett and John R. Parry. Littleton, CO: Special Publication Number 12, Society of Economic Geologists (2006), 273-94.

Working Papers

• "Using dynamic DCF and real option methods for economic analysis in NI43-101 technical reports," with Michael Samis, Luis Martinez, and James Whyte, 2011.
• "Replicating Sachs and Warner: The 1997 working paper," 2011.
• "Trade in mineral resources," background paper to the 2010 World Trade Report, 2009.
• "Non-renewable resource booms and the poor," with Arturo Vasquez Cordano, 2009.
• "The economics of optimal stopping," with Robert Cairns, 2009.
• "Should developing countries renounce mining? A perspective on the debate," with John Tilton, 2002.

Short Course

• Using Dynamic DCF and Real Options to Value and Manage Mining and Petroleum Projects," with Michael Samis, Toronto, Canada, June 8 - 10, 2011, and Perth, Australia, July 13-15.

Resumé

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