Abstract/Summary

This paper answers the question what helps subsoil users to meet local content requirements, which are set in subsoil users’ contracts. This paper provides an empirical analysis using annual data from 823 contracts on extraction and exploration of metals in Kazakhstan over the period 2013-2015. We found that devaluation of local currency helped subsoil users to meet LC requirements in procurements of goods and services; employment of managers; and training of local employees. Subsoil users meet local content requirements in employment of specialists and qualified workers, set in contracts on extraction better than in contracts on exploration of metals in Kazakhstan. The metal, in contracts on extraction or exploration, affects the fulfilment of local content requirements in procurements of goods and works; and in employment of managers and specialists.