Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2022.2154238
The impact of relative energy prices on industrial energy consumption in China: a consideration of inflation costs
Gong Yan
Weijun Bian
Sažetak
Rapidly changing relative energy prices (R.E.P.) have put pressure on
global markets all over the world. Even economic factors must have
a high degree of self-sufficiency related to the R.E.P. and increasing
consumption and its production costs in consumer sectors of China.
This research is based on R.E.P. impact on the industrial energy consumption
(E.C.) of the Chinese economy. The key dependent and
independent variables employed for this purpose were R.E.P.s, consumption
price index (C.P.I.), inflation expenses, and so on. The Rsquare
test between R.E.P.s and industrial consumption sectors
(C.S.), f-statistical analysis, graphical analysis, and a summary of the
Model and its analysis were utilised for this aim. Results run from
the P.L.S. software and data collected from the World Bank, and
world indicators also collect data from different websites. Data form
is secondary and is based-on frequency panel data for 1990 to 2019.
Results concluded that the impact of R.E.P.s is fast growing on the
E.C. of China and is positively related with the consumer prices
index. The contribution of this research is the comprehensive review
of the existing and potential markets and services. The assistance
can be mainly found in the study on the distribution network reliability
service. The change in energy policies considering the different
countries must be highly changing on imported energy which
occurs high self-sufficiently. This examination of R.E.P.s and index
relates to China. The results indicate a significant impact between
industry E.C. and R.E.P.s. Therefore, this research is more reliable due
to the literature and enhances the knowledge related to the study
of relative consumption energy prices in energy industries
Ključne riječi
relative energy prices (R.E.P.); economy of China; energy consumption (E.C.); consumption prices index (C.P.I.); industrial consumption sector (C.S.)
Hrčak ID:
310041
URI
Datum izdavanja:
1.9.2023.
Posjeta: 145 *