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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/10009002686
This paper aims to examine the impacts of sectoral price control policies on oil price pass-through into China … that restrict the functioning of a price pass-through mechanism during oil-price shocks. Using the models of both China and … the US, we separate the impact of price control from that of other factors leading to China's price stickiness under oil …
Persistent link: https://www.econbiz.de/10010703091
-output Analysis ; Inflation ; Industrial Structure ; China ; the United States …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 …
Persistent link: https://www.econbiz.de/10008934659
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/10013126116
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/10013127675
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 …-price increase negatively affects output and investment, but positively affects inflation rate and interest rate. However, with the …
Persistent link: https://www.econbiz.de/10005835871
consumers of energy. While the overall trend of China's energy pricing reform since 1984 has been moving away from the prices …, petroleum products, natural gas, electricity and renewable power in China, and provides some analysis of these energy price … reforms, in order to have the market to play a decisive role in allocating resources and help China's transition to a low …
Persistent link: https://www.econbiz.de/10012918048
both producers and consumers of energy. While the overall trend of China's energy pricing reform since 1984 has been moving … reforms for coal, petroleum products, natural gas, electricity and renewable power in China, and provides some analysis of … these energy price reforms, in order to have the market to play a decisive role in allocating resources and help China …
Persistent link: https://www.econbiz.de/10011850316
consumers of energy. While the overall trend of China’s energy pricing reform since 1984 has been moving away from the prices …, petroleum products, natural gas, electricity and renewable power in China, and provides some analysis of these energy price … reforms, in order to have the market to play a decisive role in allocating resources and help China’s transition to a low …
Persistent link: https://www.econbiz.de/10011957010
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 …-price increase negatively affects output and investment, but positively affects inflation rate and interest rate. However, with the …
Persistent link: https://www.econbiz.de/10014208269