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

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Indexed by:会议论文

Date of Publication:2011-10-21

Included Journals:EI、CPCI-S、Scopus

Volume:347-353

Page Number:3836-3841

Key Words:oil price; general price level; Input-Output price model

Abstract: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.

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