Study on Effect of Oil Price Rising on China’s General Price Level

Abstract:

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This paper analyzes and evaluates the oil price change on effects of China’s general price level and economic sectors’ price level by adopting the input-output price model and input-output of China in 2007. In the case of oil price rise 100%: Compare with the results over the years show that oil price impact on the whole society increased year by year, and the rate of increase present accelerated tendency; Compare with the other energy sector, the impact of oil prices level is generally lower than the price of electricity and heat levels.

Info:

Periodical:

Advanced Materials Research (Volumes 347-353)

Edited by:

Weiguo Pan, Jianxing Ren and Yongguang Li

Pages:

3836-3841

DOI:

10.4028/www.scientific.net/AMR.347-353.3836

Citation:

S. S. Gui et al., "Study on Effect of Oil Price Rising on China’s General Price Level", Advanced Materials Research, Vols. 347-353, pp. 3836-3841, 2012

Online since:

October 2011

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Price:

$35.00

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