Modelling the Mining Equipment Market Trend by Field Theory
Pricope Sorin *
University of Petroșani, Petroșani, Romania.
Muntean Luminița Doina
University of Petroșani, Petroșani, Romania.
*Author to whom correspondence should be addressed.
Abstract
Using the Beckman’s field theory of spatial economics, the flows of main products are analyzed between demand and offer, in the mining equipment market, and the segmentation of the world market is put to evidence. The data regarding the market suppliers, customers, trade intensity and average flows from published reports are used for extracting usefull conclusions.
Keywords: Variational calculus, mining, economical space, industry, marketing