Non-competitive input-output price model capturing the co-variation between domestic and international markets and its empirical application on the impact of the Russia-Ukraine war on China’s domestic price

被引:0
作者
Lin K. [1 ,2 ,3 ,4 ]
Gao X. [1 ,2 ,3 ]
Yang C. [1 ,2 ,3 ,4 ]
Wang S. [1 ,2 ,3 ,4 ]
机构
[1] Academy of Mathematics and Systems Science, Chinese Academy of Sciences, Beijing
[2] Center for Forecasting Science, Chinese Academy of Sciences, Beijing
[3] Key Laboratory of Management, Decision and Information Systems, Chinese Academy of Sciences, Beijing
[4] School of Economics and Management, University of Chinese Academy of Sciences, Beijing
来源
Xitong Gongcheng Lilun yu Shijian/System Engineering Theory and Practice | 2023年 / 43卷 / 07期
基金
中国国家自然科学基金;
关键词
China’s domestic price level; covariation between domestic and international markets; input-output price model; Russia-Ukraine war;
D O I
10.12011/SETP2022-1436
中图分类号
学科分类号
摘要
The paper proposes a non-competitive input-output price model capturing the covariation between domestic and international markets. In addition to measuring the impact of imported raw materials price fluctuation on domestic price, the model can recognize the covariation of the same product between domestic and international markets, which enables a more accurate measurement of domestic prices changes due to international price fluctuations. Based on the model, an analysis of the impact of Russia-Ukraine war on China’s domestic price level is conducted in the empirical part. The result shows the impact on China’s producer price is heavier than the consumer price, and the rising of China’s domestic price is mainly due to the increase of international price of energy products. © 2023 Systems Engineering Society of China. All rights reserved.
引用
收藏
页码:2072 / 2083
页数:11
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