Research on the Impact of Reducing Industrial and Commercial Electricity Price on Henan's Overall Price Level——Based on Social Accounting Matrix

In order to reduce the operating costs of enterprises and optimize the business environment, China implemented the policy of reducing the general industrial and commercial electricity price by 10% in 2018 and 2019. This study uses the social accounting matrix to evaluate the effect of policy impleme...

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Main Authors: Jin Yanming, Li Zhuonan, Zhang Mingyang
Format: Article
Language:English
Published: EDP Sciences 2019-01-01
Series:E3S Web of Conferences
Online Access:https://www.e3s-conferences.org/articles/e3sconf/pdf/2019/62/e3sconf_icbte2019_01017.pdf
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spelling doaj-26c7b07bb5d248d6aa1e47a2c4e352752021-02-02T02:02:58ZengEDP SciencesE3S Web of Conferences2267-12422019-01-011360101710.1051/e3sconf/201913601017e3sconf_icbte2019_01017Research on the Impact of Reducing Industrial and Commercial Electricity Price on Henan's Overall Price Level——Based on Social Accounting MatrixJin YanmingLi Zhuonan0Zhang Mingyang1State Grid Energy Research InstituteChina University of PetroleumIn order to reduce the operating costs of enterprises and optimize the business environment, China implemented the policy of reducing the general industrial and commercial electricity price by 10% in 2018 and 2019. This study uses the social accounting matrix to evaluate the effect of policy implementation on the price level of Henan Province. Through price transmission, we analyze the impact of industrial and commercial electricity price changes on production price and consumer price fluctuation of other sectors. The results show that the adjustment of general industrial and commercial electricity price has limited effect on the overall economic price level of Henan Province. The impact of electricity price adjustment on urban consumer price index is higher than that of rural consumer price index.https://www.e3s-conferences.org/articles/e3sconf/pdf/2019/62/e3sconf_icbte2019_01017.pdf
collection DOAJ
language English
format Article
sources DOAJ
author Jin Yanming
Li Zhuonan
Zhang Mingyang
spellingShingle Jin Yanming
Li Zhuonan
Zhang Mingyang
Research on the Impact of Reducing Industrial and Commercial Electricity Price on Henan's Overall Price Level——Based on Social Accounting Matrix
E3S Web of Conferences
author_facet Jin Yanming
Li Zhuonan
Zhang Mingyang
author_sort Jin Yanming
title Research on the Impact of Reducing Industrial and Commercial Electricity Price on Henan's Overall Price Level——Based on Social Accounting Matrix
title_short Research on the Impact of Reducing Industrial and Commercial Electricity Price on Henan's Overall Price Level——Based on Social Accounting Matrix
title_full Research on the Impact of Reducing Industrial and Commercial Electricity Price on Henan's Overall Price Level——Based on Social Accounting Matrix
title_fullStr Research on the Impact of Reducing Industrial and Commercial Electricity Price on Henan's Overall Price Level——Based on Social Accounting Matrix
title_full_unstemmed Research on the Impact of Reducing Industrial and Commercial Electricity Price on Henan's Overall Price Level——Based on Social Accounting Matrix
title_sort research on the impact of reducing industrial and commercial electricity price on henan's overall price level——based on social accounting matrix
publisher EDP Sciences
series E3S Web of Conferences
issn 2267-1242
publishDate 2019-01-01
description In order to reduce the operating costs of enterprises and optimize the business environment, China implemented the policy of reducing the general industrial and commercial electricity price by 10% in 2018 and 2019. This study uses the social accounting matrix to evaluate the effect of policy implementation on the price level of Henan Province. Through price transmission, we analyze the impact of industrial and commercial electricity price changes on production price and consumer price fluctuation of other sectors. The results show that the adjustment of general industrial and commercial electricity price has limited effect on the overall economic price level of Henan Province. The impact of electricity price adjustment on urban consumer price index is higher than that of rural consumer price index.
url https://www.e3s-conferences.org/articles/e3sconf/pdf/2019/62/e3sconf_icbte2019_01017.pdf
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AT lizhuonan researchontheimpactofreducingindustrialandcommercialelectricitypriceonhenansoverallpricelevelbasedonsocialaccountingmatrix
AT zhangmingyang researchontheimpactofreducingindustrialandcommercialelectricitypriceonhenansoverallpricelevelbasedonsocialaccountingmatrix
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