Analysis On The Impact Of Energy Price Changes On Chinese Economy And Countermeasures

Economic cycle fluctuation is always a global economic development of a "bottleneck" problem.Reducing the economic fluctuations and maintaining stable and sustained economic growth has become the centre of the countries' government economic macro-control goal all over the world.At the same time,it has become one of the key issues in the study of economic experts.It is necessary to carry out in-depth and comprehensive research and analysis on the causes and influencing factors of economic fluctuations to achieve strong economic regulation and reduce the fluctuation range of the economy.Domestic and foreign experts and scholars have made unremitting efforts,by the time,the relay will affect the economic fluctuation factor research continuously to the depth.Many scholars will contain the external random functions such as technological shock,monetary policy shock and preference impact,which are attributed to the important factors that cause economic fluctuations.Since the 1970 s,due to the outbreak of the oil crisis of the global economic depression,the energy price shock impact on the economic cycle fluctuation problem really caught the attention of the experts and scholars,especially in the current global economic competition and the global energy environment,energy price changes for the impact of the economy and also on the fluctuation of economic cycle.This paper selected the current in our country of energy consumption is relatively large,closely related to production and living of coal,oil,electricity,energy,also analyses the influence of the three kinds of energy in other industries transmission mechanism and the influence mechanism of economic variables.By time,in learning the predecessors' research results,understanding the domestic scholars will be introduced to the energy price labor RBC theory of economic model,and through the model simulation has been programming the energy price changes on output,employment,consumption,investment,capital stock and other economic variables.This paper decided to choose this five economic variables as the research object by HP filter method.The five economic variables from 1986-2015 was analyzed,and the volatility based on volatile components related data.After energy prices-economic variables VAR model is established,paper verifies current Chinese conditions under the impact of higher energy prices change on Chinese economy,and puts forward countermeasures and suggestion on corresponding results.