Construction of China's Energy Condition Index

De Cai Zhou; Yi Qing He; Meng Yuan Huang

doi:10.4028/www.scientific.net/AMR.805-806.1434

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HomeAdvanced Materials ResearchAdvanced Materials Research Vols. 805-806Construction of China's Energy Condition Index

Construction of China's Energy Condition Index

Abstract:

Among the supply shocks on inflation, energy is one of the most important. In order to reflect energy condition’s impact on inflation comprehensively, referring the financial condition index, we construct China’s energy condition index by bring in 3 variables: China’s energy price, consumption and production. The empirical analysis’s result shows that the index has an ideal prediction to China’s inflation.

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Advanced Materials Research (Volumes 805-806)

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1434-1438

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https://doi.org/10.4028/www.scientific.net/AMR.805-806.1434

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Online since:

September 2013

Authors:

De Cai Zhou, Yi Qing He, Meng Yuan Huang

Keywords:

Energy Condition Index, Phillips Curve, VAR Model

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