Fan, Ying; Jiao, Jian-Ling; Liang, Qiao-Mei; Han, Zhi-Yong - In: International Journal of Global Energy Issues 27 (2007) 4, pp. 404-424
Many studies, as well as historical events, indicate that oil price shocks affect the macro economy of a country. In this paper we build a Chinese Computable General Equilibrium (CGE) model, with which we simulate the impact on the Chinese economy of international crude oil price when it rises...