Title :
The Impact of Electricity Price Adjustment on National Economy Based on SAM Multiplier Analysis
Author :
Hui-ru Zhao ; Pei-pei You
Author_Institution :
Sch. of Bus. Adm., North China Electr. Power Univ., Beijing
Abstract :
Through collecting official statistics as much as possible, 2005 social accounting matrix (SAM) of China is built up. Based on the 2005SAM, the method of matrix multiplier is adopted in the analysis of the impact of electricity price adjustment on the departments of national economy and the quantification of the impact. It is revealed that the impact of multiplier on capital account (the expenditure of capital factor) is the greatest in all of the multiplier effect of endogenous accounts. From the point of view of the industry, the impact of electricity price adjustment on the industries of manufacturing of electric machinery and equipment and the industry of petroleum processing and chemical products is great. In terms of correlation, coal mining and dressing industry is in great correlation with electric power industry; Agriculture has great impetus as a result of the cyclic effect of income.
Keywords :
accounting; agriculture; chemical industry; machinery production industries; mining industry; petroleum industry; power system economics; pricing; China; agriculture; chemical products; coal mining industry; dressing industry; electric equipment industry; electric machinery industry; electricity price; matrix multiplier; multiplier analysis; petroleum processing; social accounting matrix; Agriculture; Chemical industry; Chemical products; Electrical equipment industry; Machinery production industries; Manufacturing industries; Manufacturing processes; Mining industry; Petroleum industry; Statistics; electricity price; social accounting matrix; the analysis of SAM multiplies impact;
Conference_Titel :
Risk Management & Engineering Management, 2008. ICRMEM '08. International Conference on
Conference_Location :
Beijing
Print_ISBN :
978-0-7695-3402-2
DOI :
10.1109/ICRMEM.2008.56