Energy has laid material foundation for human society during its development. Meanwhile, any change of price in the energy industry may influence social production and people’s life at all levels via an input-output ...Energy has laid material foundation for human society during its development. Meanwhile, any change of price in the energy industry may influence social production and people’s life at all levels via an input-output mechanism under which the change related to energy is surely transmitted to other industries. The price change thus incurred in all industries may adversely affect the realization of macroeconomic objective-maintaining prices at a stable level. It is, therefore, needed to conduct an empirical research related to the impact of price change in energy industry on that in other industries. According to the data coming from “China’s 2015 Input-Output Extension Table (42 Departments)” and four hypothetical basis, this article focuses on four energy sectors and analyzes how deeply the price change of them, by use of input-output model, affects that of other industrial products under five conditions where each of their price rises by 10% individually or simultaneously, and why such an influence occurs. The results show that the price rising of the energies in question leads to an upward growth in the prices of other industrial products, especially when their prices go up simultaneously. Besides, the price increase in the four energy sectors doesn’t influence other industries in an accumulation form but actually leads to a rollback in some of other industries. It is recommended to adopt diversified pricing strategies for different energy products, thus maximizing the value of each specific energy, and meanwhile achieving the goals of energy consumption reduction and price equilibrium.展开更多
Under the pressure of sustained growth in energy consumption in China,the implementation of a carbon pricing mechanism is an effective economic policy measure for promoting emission reduction,as well as a hotspot of r...Under the pressure of sustained growth in energy consumption in China,the implementation of a carbon pricing mechanism is an effective economic policy measure for promoting emission reduction,as well as a hotspot of research among scholars and policy makers.In this paper,the effects of carbon prices on Beijing's economy are analyzed using input-output tables.The carbon price costs are levied in accordance with the products'embodied carbon emission.By calculation,given the carbon price rate of 10 RMB/t-CO_2,the total carbon costs of Beijing account for approximately 0.22-0.40%of its gross revenue the same year.Among all industries,construction bears the largest carbon cost Among export sectors,the coal mining and washing industry has much higher export carbon price intensity than other industries.Apart from traditional energy-intensive industries,tertiary industry,which accounts for more than 70%of Beijing's economy,also bears a major carbon cost because of its large economic size.However,from 2007 to 2010,adjustment of the investment structure has reduced the emission intensity in investment sectors,contributing to the reduction of overall emissions and carbon price intensity.展开更多
文摘Energy has laid material foundation for human society during its development. Meanwhile, any change of price in the energy industry may influence social production and people’s life at all levels via an input-output mechanism under which the change related to energy is surely transmitted to other industries. The price change thus incurred in all industries may adversely affect the realization of macroeconomic objective-maintaining prices at a stable level. It is, therefore, needed to conduct an empirical research related to the impact of price change in energy industry on that in other industries. According to the data coming from “China’s 2015 Input-Output Extension Table (42 Departments)” and four hypothetical basis, this article focuses on four energy sectors and analyzes how deeply the price change of them, by use of input-output model, affects that of other industrial products under five conditions where each of their price rises by 10% individually or simultaneously, and why such an influence occurs. The results show that the price rising of the energies in question leads to an upward growth in the prices of other industrial products, especially when their prices go up simultaneously. Besides, the price increase in the four energy sectors doesn’t influence other industries in an accumulation form but actually leads to a rollback in some of other industries. It is recommended to adopt diversified pricing strategies for different energy products, thus maximizing the value of each specific energy, and meanwhile achieving the goals of energy consumption reduction and price equilibrium.
基金The authors would like to thank Key Projects in the National Science&Technology Pillar Program during the Twelfth Five Year Plan Period[grant number 2012BAC20B03]Beijing Natural Science Foundation[grant number 9112008]for supporting this research
文摘Under the pressure of sustained growth in energy consumption in China,the implementation of a carbon pricing mechanism is an effective economic policy measure for promoting emission reduction,as well as a hotspot of research among scholars and policy makers.In this paper,the effects of carbon prices on Beijing's economy are analyzed using input-output tables.The carbon price costs are levied in accordance with the products'embodied carbon emission.By calculation,given the carbon price rate of 10 RMB/t-CO_2,the total carbon costs of Beijing account for approximately 0.22-0.40%of its gross revenue the same year.Among all industries,construction bears the largest carbon cost Among export sectors,the coal mining and washing industry has much higher export carbon price intensity than other industries.Apart from traditional energy-intensive industries,tertiary industry,which accounts for more than 70%of Beijing's economy,also bears a major carbon cost because of its large economic size.However,from 2007 to 2010,adjustment of the investment structure has reduced the emission intensity in investment sectors,contributing to the reduction of overall emissions and carbon price intensity.
