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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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 |
work_keys_str_mv |
AT jinyanming researchontheimpactofreducingindustrialandcommercialelectricitypriceonhenansoverallpricelevelbasedonsocialaccountingmatrix AT lizhuonan researchontheimpactofreducingindustrialandcommercialelectricitypriceonhenansoverallpricelevelbasedonsocialaccountingmatrix AT zhangmingyang researchontheimpactofreducingindustrialandcommercialelectricitypriceonhenansoverallpricelevelbasedonsocialaccountingmatrix |
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1724310479638102016 |