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Shadow Price of the Oil Industry

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영어

Oil, hailed as modern industrial blood, is of greater significance to a state, and is closely related to people's lives. Shadow price of the oil industry is a key evaluation parameter for the business of an economy. In this paper, the application of input-output method and linear programming theory has been sought to establish an optimization model for the oil industry and the shadow price of the oil industry has been calculated according to the 2007 China input-output table. The analysis concludes that among the agriculture, the industry, and the tertiary industry, the prices of oil industry products bear maximum influence on the prices of agricultural products.

목차

Abstract
 1. Introduction
 2. Calculation Method for the Shadow Price of Oil Industry
  2.1. Related Statistics Index and Output Table[13]
  2.2. The Optimization Model of National Economic Structure
  2.3. The Calculation Method of Shadow Price of Oil Industry
 3. The Empirical Analysis of Shadow Price of Oil Industry
  3.1. Fundamental Analysis
  3.2. Mathematical Model and Its Solution
 4. The Total Result Analysis
 5. Empirical Analysis of Product Price Influence of Oil Industry on Other Industries
 6. Conclusions
 References

저자정보

  • LIU XiMei School of Economics and Management, Beijing University of Posts and Telecommunications, Beijing, China
  • WANG ChangFeng School of Economics and Management, Beijing University of Posts and Telecommunications, Beijing, China
  • Shahid Rasheed School of Economics and Management, Beijing University of Posts and Telecommunications, Beijing, China
  • Muhammad Nawaz Tunio School of Economics and Management, Beijing University of Posts and Telecommunications, Beijing, China

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