Paper Title:
Study on the Shadow Price of Coal in China
  Abstract

Shadow price can reflect the resources’ scarcity and their contribution for economy. This paper constructed an input-output LP model based on methods of input-output combined with linear programming. And then, this paper measured the shadow price of coal using this input-output LP model based on China’s input-output tables in 1987-2007 and used the method of scenario simulation analysis to measure the shadow price of coal under different developing rates of coal industry. The results showed that the shadow price of coal in China showed an overall upward trend from 1987 to 2007 and the coal’s shadow price will gradually reduce with the expansion of the coal industry on the existing economies’ scale.

  Info
Periodical
Advanced Materials Research (Volumes 361-363)
Chapter
Chapter 10: Development and Management of the Energy Industry
Edited by
Qunjie Xu, Honghua Ge and Junxi Zhang
Pages
1285-1289
DOI
10.4028/www.scientific.net/AMR.361-363.1285
Citation
Y. Yang, "Study on the Shadow Price of Coal in China", Advanced Materials Research, Vols. 361-363, pp. 1285-1289, 2012
Online since
October 2011
Authors
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Price
$32.00
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