Release Time:2019-03-11  Hits:

Indexed by: Conference Paper

Date of Publication: 2011-10-21

Included Journals: Scopus、CPCI-S、EI

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.