This paper aims to examine the impacts of oil-price shocks on China’s price levels. To that end, we develop a partial transmission input-output model that captures the uniqueness of the Chinese market. We hypothesize and simulate price control, market factors and technology substitution the three main factors that restrict the functioning of a price pass-through mechanism during oil-price shock...

Article history: Received 20 June 2014 Received in revised form 25 September 2014 Accepted 26 September 2014 Available online 5 October 2014 This paper investigates the time-varying impact of oil price uncertainty on stock prices in China using weekly data on ten sectoral indices over the period January 1997–February 2014. The estimation of a bivariate VAR-GARCH-in-mean model suggests that oil ...

To prevent further increases in energy consumption, the government of Iran commenced energy subsidy reform in 2010. This paper investigates the fuel conservation effects of the reform in Iran using a homothetic translog cost function that provides estimates of the own- and cross-price elasticities of fuel demands. The percentage reduction in fuel demands is estimated using the likely effect of ...

The objective of the analysis is to study relationships between GDP, energy consumption, renewable production, and CO2 emissions in some European transition economies period 1990-2018. We use growth rates per capita values, a panel VAR approach where all variables are typically treated as endogenous, allowing inference on causality relationships. decision focus countries motivated by fact that ...

This article sheds light on the question of whether it is possible to create fairly accurate forecasts real oil prices. For this purpose, a multi-level machine learning model has been created analyze several sources heterogeneous data predict future The uses different types data: market condition data, titles, and transaction data. Then, they have processed be able load them into model. validat...

Kazakhstan's export relies heavily on oil and other natural resources. Therefore, fluctuations in world prices have important consequences for economy. The effect of the real exchange rate is very economies trying to develop sectors as well gas such Kazakhstan. purpose this study examine possible asymmetric relationships between effective Kazakhstan period January 2010-December 2020. For purpos...

High food prices are one of the major risks facing households from developing countries. Food have attracted renewed interest among policy experts in identifying appropriate instruments to counter effect price vulnerability. This paper evaluates fuel on by testing for Granger causality and cointegration applied diesel, maize, beans, cabbage, potatoes data period 2010-2018. The results revealed ...

a r t i c l e i n f o JEL classification: N74 Q43 Q43 O13 P28 Keywords: Power outage Value of supply security Empirical analysis End-user survey This paper presents a model for assessing economic losses caused by electricity cuts as well as Willingness-to-Pay to avoid these power outages as an approximation to the value of supply security. The economic effects for simulated power cuts from 1 to...