Price Transmission Effect of Coal and Electricity Linkage: A Partial Transmission Input-Output Analysis

Author

Chenlong Mu ; Shu Liu ; Chen Cheng

Author_Institution

Sch. of Econ. & Trade, Hunan Univ., Changsha, China

fYear

2014

fDate

4-6 July 2014

Firstpage

351

Lastpage

355

Abstract

Coal and electricity linkage reform has a significant impact on the whole price level in China. In order to analysis the price transmission effect, this paper firstly introduces a CTC (cost transmission capacity) input-output price model, use 2005, 2007 and 2010 China input-output tables and the main product price index from 2005 to 2011 to estimates the cost transmission capacity of 39 industries. And then designs 2 stages of simulation scenarios to compare the effect when the price of coal and electricity is linkage or not. The results show that the coal price shocks exert greater impact to energy resources sectors and their downstream industries such as oil and gas extraction than other industries, and the rising of GDP deflator is more significant than that of PPI.

Keywords

coal; pricing; CTC input-output price model; coal linkage; coal price shocks; cost transmission capacity; electricity linkage; input-output price model; partial transmission input-output analysis; price transmission effect; Coal; Couplings; Economics; Electricity; Indexes; Industries; coal and electricity linkage; input-output price model; price stickiness;

fLanguage

English

Publisher

ieee

Conference_Titel

Computational Sciences and Optimization (CSO), 2014 Seventh International Joint Conference on

Conference_Location

Beijing

Print_ISBN

978-1-4799-5371-4

Type

conf

DOI

10.1109/CSO.2014.74

Filename

6923701