DocumentCode :
1582704
Title :
The effect of oil price shocks on typical industry of industry chain in China
Author :
Qian, Zhang
Author_Institution :
Economics and Management School of Wuhan University, China
fYear :
2012
Firstpage :
1
Lastpage :
4
Abstract :
The industries involved by oil not only are extensive but also have long industry chain, it is obvious that the oil price shocks could affect all aspects of our production and life through the industry-chains´ transmission. Based on the nature of the shocks, we would decompose them into four different types, and analyze their transmission mechanisms and effects on some typical industries which in Chinese industry-chain. Through the study of the oil price shocks, we could conclude that the rise in international oil prices should not be attributed to the “China factor”. According to the researches about the influences on typical industries brought by these different shocks, we could find that: because of the various transformation or transference abilities of oil price on industry-chain, different industries in the chain would encounter different impacts.
Keywords :
dynamic effect; industry chain; transmission mechanism; type of oil price shock;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
World Automation Congress (WAC), 2012
Conference_Location :
Puerto Vallarta, Mexico
ISSN :
2154-4824
Print_ISBN :
978-1-4673-4497-5
Type :
conf
Filename :
6321381
Link To Document :
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