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economies. However, there has been a lack of empirical study of this kind on China and other developing countries. This paper … attempts to fill this gap by answering how and to what extent oil-price shocks impact China’s economy, emphasizing on the price … differentiated price control policies for materials and intermediates on the one hand and final products on the other hand in China …
Persistent link: https://www.econbiz.de/10005835871
The Chinese leadership in November 2013 determined to embark upon a new wave of comprehensive reforms in China. This is … clearly reflected by the key decision of the Third Plenum of the 18th Central Committee of Communist Party of China to assign … in China, provides some analysis of these energy price reforms, and suggests few areas of reforms could take place in …
Persistent link: https://www.econbiz.de/10011120271
The Chinese leadership in November 2013 determined to embark upon a new wave of comprehensive reforms in China. This is … clearly reflected by the key decision of the Third Plenum of the 18th Central Committee of Communist Party of China to assign … is crucial because it sends clear signals to both producers and consumers of energy. While the overall trend of China …
Persistent link: https://www.econbiz.de/10011162044
China is concerned about the security of its sea-lanes for imports and desires to diversify its oil supplies from the … Middle East in order to sustain economic growth. These concerns have sparked China’s interest in trying to ensure oil … supplies from as many sources as possible and in reducing its overwhelming reliance on seaborne imports of oil, which, in China …
Persistent link: https://www.econbiz.de/10005790138
systems (royalty tax and production sharing contracts). In our empirical setting, we have selected China as an investor …
Persistent link: https://www.econbiz.de/10009359812
Crude oil prices have been fluctuating over time and by a large range. It is the disorganization of oil price series that makes it difficult to deduce the changing trends of oil prices in the middle- and long-terms and predict their price levels in the short-term. Following a price-state...
Persistent link: https://www.econbiz.de/10008740594
China’s global quest for resources, in particular oil and natural gas, has received unprecedented worldwide attention … and scrutiny. This is partly because of China’s own high-profile, active energy diplomacy, its national oil companies … energy security as a result of misconceptions and misunderstandings of China’s quest for energy security both inside and …
Persistent link: https://www.econbiz.de/10010833917
China had been singled out by Western politicians and media for dragging its feet on international climate negotiations … paper provides some reflections on China's stance and reactions at Copenhagen. While China's reactions are generally well … rooted because of realities at home, some reactions could have been handled more effectively for a better image of China. The …
Persistent link: https://www.econbiz.de/10008542763
This paper aims to examine the impacts of oil-price shocks on China’s price levels. To that end, we develop a partial …-through mechanism during oil-price shocks. Using the models of both China and the U.S., we separate the impact of price control from … those of other factors leading to China’s price stickiness under oil-price shocks. The results show a sharp contrast between …
Persistent link: https://www.econbiz.de/10008873345
There is a growing body of literature mentioning the slow pace of energy technological progress as compared to other technologies like information technology (IT), but the reasons why energy sector is perplexed by slow innovation remain unexplained. Based on a variety-expanding endogenous...
Persistent link: https://www.econbiz.de/10011141007