The Chaotic Lithium Price Growth Model

Vesna Jablanovic- University of Belgrade, Faculty of Agriculture, Nemanjina 6, 11081 Belgrade, Serbia

Abstract: Lithium has become a strategic scarce input in the economy. The basic aims of this paper are: firstly, to create the simple chaotic lithium price growth model. This model can generate stable equilibria, cycles, or chaos. Also, this model confirms the existence of the stable convergent fluctuations of the lithium price in the period 2020-2023. The golden ratio shows the equilibrium level of lithium price in the presented chaotic model.

10th International Scientific Conference ERAZ 2024 – Conference Proceedings: KNOWLEDGE BASED SUSTAINABLE DEVELOPMENT,  hybrid – online, virtually and in person, Lisbon, Portugal, June 6, 2024

ERAZ Conference Proceedings published by: Association of Economists and Managers of the Balkans – Belgrade, Serbia

ERAZ conference partners: Faculty of Logistics, University of Maribor, Maribor (Slovenia); University of National and World Economy – UNWE, Sofia (Bulgaria); Center for Political Research and Documentation (KEPET), Research Laboratory of the Department of Political Science of University of Crete (Greece); Institute of Public Finance – Zagreb (Croatia); Faculty of Tourism and Hospitality Ohrid, University of St. Kliment Ohridski from Bitola (North Macedonia)

ERAZ Conference 2024 Conference Proceedings: ISBN 978-86-80194-86-8, ISSN 2683-5568,

DOI: https://doi.org/10.31410/ERAZ.2024

Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission. 

Suggested citation