Impact of Monetary Policy on Industries Energy Demand in China
Yu Ping Fan, Mao Qing Fan, Xue Qing Yue, Hua Wang
Abstract
Yu Ping Fan, Mao Qing Fan, Xue Qing Yue, Hua Wang
Abstract
In recent years, energy problem has been the focus of government and public attention. This paper presents a new approach to a quantitative analysis on the industriesdemand for energy in china based on an integration of econometric modeling and input-output analysis. It incorporates a new methodology for assessing the effect of economic policy on industriesdemand for energy within a complete econometric model of Chinese economy. The model is employed to analyze the influence of monetary policy on 33 industriesdemand for energy in China.
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In recent years, energy problem has been the focus of government and public attention. This paper presents a new approach to a quantitative analysis on the industriesdemand for energy in china based on an integration of econometric modeling and input-output analysis. It incorporates a new methodology for assessing the effect of economic policy on industriesdemand for energy within a complete econometric model of Chinese economy. The model is employed to analyze the influence of monetary policy on 33 industriesdemand for energy in China.
Key concepts: China, Economics, Econometric model, Government (linguistics), Econometric analysis, Energy (signal processing), Macroeconomics, Monetary policy