Font Size: a A A

Based On The Angle Of The Natural Gas Price Adjustment Mechanism Of Growth Control Inflation

Posted on:2013-11-22Degree:MasterType:Thesis
Country:ChinaCandidate:T F LiFull Text:PDF
GTID:2249330377457978Subject:Industrial Economics
Abstract/Summary:PDF Full Text Request
As one of the most potential energy, Natural Gas, having the incomparable advantage of being efficient and clean, is bound to attain more and more attention in our country’s future energy use. but, because of the specialty of our industry of natural gas and its market development, especially the government regulation based on the low pricing policy, using of natural gas resources is becoming more and more inefficient and its consumption structure has being distorted. Not only affecting enthusiasm of upstream exploitation, this kind of policy also hinders the benign development of the downstream market. Therefore, in order to promote the sustainable development of natural gas, it’s necessary and urgent to investigate a reasonable mode of price adjusting.Firstly, this paper analyzes the price specialty of natural gas from the view of industry and market specificity, followed by comparing the formation mechanism of the gas prices at home and abroad and points out that many problems of China’s natural gas prices exist. Secondly it adopts some econometric methods like granger causality and impulse response to explore the interactive relationship between the price of overall energy prices, natural gas and some main macroeconomic indicators like CPI and GDP from2005to2011. On the basis of this linkage law, dividing the overall energy prices into the price of natural gas and the price of other energy prices, according to the future planning of China’s energy structure, adjusting the price of natural gas with the price adjustment of other energies to control the price of overall energy,achieving the final aim that maintaining growth and the inflation could be controllable.
Keywords/Search Tags:price of natural gas, consumer price index, gross domestic product, grangercausality, impulse response
PDF Full Text Request
Related items