Effects of Government Regulation of Diesel and Petrol Prices on GDP Growth: Evidence From China

Markus Brueckner, Haidi Hong, Haiyan Lin and Joaquin Vespignani

Australian Economic Review, 2025, vol. 58, issue 4, 299-315

Abstract: This paper presents estimates of the effects that government regulation of diesel and petrol prices has on GDP growth. We specify VAR models with asymmetric effects of positive and negative changes in the regulatory prices. We estimate the VAR models on quarterly data from China's national accounts statistics during the period Q1 1998 to Q4 2018. Our main findings are that: (i) negative growth rates of regulatory diesel and petrol prices significantly reduce GDP growth; (ii) positive growth rates of regulatory diesel and petrol prices have small positive effects on GDP growth which are not significantly different from zero.

Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1111/1467-8462.70009

Related works:
Working Paper: Effects of Government Regulation of Diesel and Petrol Prices on GDP Growth: Evidence from China (2023)
Working Paper: Effects of Government Regulation of Diesel and Petrol Prices on GDP Growth: Evidence from China (2023)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:ausecr:v:58:y:2025:i:4:p:299-315

Ordering information: This journal article can be ordered from
https://ordering.onl ... 7-8462&ref=1467-8462

Access Statistics for this article

Australian Economic Review is currently edited by John de New, Viet Hoang Nguyen and Susan Méndez

More articles in Australian Economic Review from The University of Melbourne, Melbourne Institute of Applied Economic and Social Research Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().