The ripple effects of international energy prices on domestic products in China under external shocks.
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| Title: | The ripple effects of international energy prices on domestic products in China under external shocks. |
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| Authors: | Ma, Yue1 (AUTHOR), Miao, Ling1 (AUTHOR) miaoling1014@163.com, Feng, Lianyong1 (AUTHOR), Fang, Ruirui1 (AUTHOR) |
| Source: | Environment, Development & Sustainability. Mar2026, Vol. 28 Issue 3, p7129-7145. 17p. |
| Subject Terms: | *Price fluctuations, *Input-output analysis, *Economic sectors, *Commercial products, *Economic impact, *Statistics, *Energy industries, Economic conditions in China |
| Geographic Terms: | China |
| Abstract: | The current international geopolitical situation is characterized by tension, and international energy prices are significantly influenced by external contingencies. To explore the ripple effects of international energy price fluctuations on domestic products in China, a non-competitive price ripple effect model has been constructed in this paper based on the latest version of the national input–output table of China, and the actual average fluctuations of international coal, oil, and natural gas prices have been quantified. The findings indicate that international energy price fluctuations exert the greatest impact on the upstream sectors of the national economic industrial chain, followed by the transportation and conventional manufacturing sectors, while the light industry and service sectors are subject to relatively smaller price shocks. The average fluctuations of international primary energy prices result in an overall increase of 1.88 percentage points in National Economic Price. The ripple effects of international energy prices are mainly transmitted through the sector of Processing of Petroleum, Coking, Processing of Nuclear Fuel, and the sector of Manufacture of Chemicals and Chemical Products. Concurrently, some suggestions are presented in this paper. [ABSTRACT FROM AUTHOR] |
| Database: | Energy & Power Source |
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| Abstract: | The current international geopolitical situation is characterized by tension, and international energy prices are significantly influenced by external contingencies. To explore the ripple effects of international energy price fluctuations on domestic products in China, a non-competitive price ripple effect model has been constructed in this paper based on the latest version of the national input–output table of China, and the actual average fluctuations of international coal, oil, and natural gas prices have been quantified. The findings indicate that international energy price fluctuations exert the greatest impact on the upstream sectors of the national economic industrial chain, followed by the transportation and conventional manufacturing sectors, while the light industry and service sectors are subject to relatively smaller price shocks. The average fluctuations of international primary energy prices result in an overall increase of 1.88 percentage points in National Economic Price. The ripple effects of international energy prices are mainly transmitted through the sector of Processing of Petroleum, Coking, Processing of Nuclear Fuel, and the sector of Manufacture of Chemicals and Chemical Products. Concurrently, some suggestions are presented in this paper. [ABSTRACT FROM AUTHOR] |
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| ISSN: | 1387585X |
| DOI: | 10.1007/s10668-024-05270-5 |
