Title :
Research on the transmission mechanism of refined oil price fluctuation effect on regional economy
Author :
Deyao, Wang ; Guoping, Cheng
Author_Institution :
Sch. of Manage., Wuhan Univ. of Technol., Wuhan, China
Abstract :
Refined oil takes a high proportion in China´s energy consumption structure, the fluctuations of oil price has seriously affected the development of regional economy, therefore, the effect of oil price fluctuations on the regional economy is very important. This paper mainly analyzes the transmission effect, pathway of refined oil price fluctuation effect on regional economy, and the impact on related industries, finally, propose some strategies and suggestions.
Keywords :
economic cycles; microeconomics; petroleum; pricing; socio-economic effects; stock markets; China; energy consumption structure; refined oil price fluctuation effect; regional economic development; transmission effect; Economics; Energy consumption; Fluctuations; Industries; Production; Raw materials; Transportation; refined oil price; regional economy; transmission mechanism;
Conference_Titel :
Product Innovation Management (ICPIM), 2011 6th International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4577-0359-1
DOI :
10.1109/ICPIM.2011.5983646
