As a cleaner,high-efficiency,and low-carbon fuel,natural gas has been an important fuel resource for China.To achieve a substantial increase in natural gas demand,China has sought to reform its natural gas pricing mec...As a cleaner,high-efficiency,and low-carbon fuel,natural gas has been an important fuel resource for China.To achieve a substantial increase in natural gas demand,China has sought to reform its natural gas pricing mechanism.Employing a set of unbalanced panel data for China’s 30 provinces covering 1999-2015,this study aims to estimate the evolving price and income elasticities of natural gas demand and explore the effect of natural gas price reform in China.For this purpose,a series of econometric techniques allowing for cross-sectional dependence and slope homogeneity is utilized.The results suggest that although natural gas demand in China still lacks negative price elasticity,the phenomenon is improving.Moreover,the estimates suggest that natural gas demand in China is indeed becoming increasingly sensitive to income changes.Our estimates also provide strong evidence in favor of the effect of natural gas price reform on the change in price elasticity as the price elasticity decreases in five of the seven regions.In addition,the results indicate large variations in the change in price and income elasticities of natural gas demand across China’s regions.Natural gas demand is becoming more price inelastic in Southwest China and Northwest China,while such demand in North China and East China responds less sensitively to income changes.These findings offer several policy suggestions for the reform of China’s natural gas market at the national and regional levels.展开更多
In this paper, we present a real decision support system applied to China's macroeconomic management. The structure, design and functions of the system are discussed, and the problems occurring in designing and ma...In this paper, we present a real decision support system applied to China's macroeconomic management. The structure, design and functions of the system are discussed, and the problems occurring in designing and making the system are also studied. A case study for China's petroleum price reform is given at the end of the paper.展开更多
需求侧管理(Demand Side Management)要求通过电价改革改变需求方式,改善负荷曲线,实现战略用电与节能。为适应这一要求,拟采用分时电价、实时电价、季节电价、可停电电价策略的整合;销售电价与上网电价的联动与整合;累进式电价与节能...需求侧管理(Demand Side Management)要求通过电价改革改变需求方式,改善负荷曲线,实现战略用电与节能。为适应这一要求,拟采用分时电价、实时电价、季节电价、可停电电价策略的整合;销售电价与上网电价的联动与整合;累进式电价与节能措施的整合;论质电价与优质服务的整合。这些电价策略的整合与运用,可带来良好的经济、环保、社会效益,缓解电力短缺的供需矛盾,提高人民的生活质量。展开更多
基金Financial support from the National Social Science Foundation of China (Grant Nos.17BGL014 and 18VDL017)
文摘As a cleaner,high-efficiency,and low-carbon fuel,natural gas has been an important fuel resource for China.To achieve a substantial increase in natural gas demand,China has sought to reform its natural gas pricing mechanism.Employing a set of unbalanced panel data for China’s 30 provinces covering 1999-2015,this study aims to estimate the evolving price and income elasticities of natural gas demand and explore the effect of natural gas price reform in China.For this purpose,a series of econometric techniques allowing for cross-sectional dependence and slope homogeneity is utilized.The results suggest that although natural gas demand in China still lacks negative price elasticity,the phenomenon is improving.Moreover,the estimates suggest that natural gas demand in China is indeed becoming increasingly sensitive to income changes.Our estimates also provide strong evidence in favor of the effect of natural gas price reform on the change in price elasticity as the price elasticity decreases in five of the seven regions.In addition,the results indicate large variations in the change in price and income elasticities of natural gas demand across China’s regions.Natural gas demand is becoming more price inelastic in Southwest China and Northwest China,while such demand in North China and East China responds less sensitively to income changes.These findings offer several policy suggestions for the reform of China’s natural gas market at the national and regional levels.
基金This Project is partly supported by World Bank and National Science Foundation of China.And this is a team work,Prof. Deng Shuhui and Dr.Wu jianzhong also play an important role in the project
文摘In this paper, we present a real decision support system applied to China's macroeconomic management. The structure, design and functions of the system are discussed, and the problems occurring in designing and making the system are also studied. A case study for China's petroleum price reform is given at the end of the paper.
文摘需求侧管理(Demand Side Management)要求通过电价改革改变需求方式,改善负荷曲线,实现战略用电与节能。为适应这一要求,拟采用分时电价、实时电价、季节电价、可停电电价策略的整合;销售电价与上网电价的联动与整合;累进式电价与节能措施的整合;论质电价与优质服务的整合。这些电价策略的整合与运用,可带来良好的经济、环保、社会效益,缓解电力短缺的供需矛盾,提高人民的生活质量。
