Effects of gas pricing reform on China’s price level and total output

Zhishuang Zhu (), Huaming Zhang, Gege Tao and Feng Yu
Additional contact information
Zhishuang Zhu: Shanxi University of Finance and Economics
Huaming Zhang: Shanxi University of Finance and Economics
Gege Tao: Shanxi University of Finance and Economics
Feng Yu: Shanxi University of Finance and Economics

Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, 2016, vol. 84, issue 1, No 12, 167-178

Abstract: Abstract Natural gas plays an important role in the mitigation of climate change, yet its development is constrained by the current natural gas pricing mechanism in China. In the context of the natural gas pricing reform, this paper analyzes the potential effects on price level and total output. Through the input–output model, some conclusions are drawn as follows: (1) The gas pricing reform has relatively great impact on the products’ price of the sectors that have large gas consumption, such as industrial sectors and some service sectors, and on the total output of the gas production and supply sectors and the petroleum and natural gas extraction sectors, whereas the reform has relatively small impact on other industries; (2) effects of gas pricing reform on urban and rural residents are dissymmetrical, with larger effects on urban residents and (3) the reform has relatively small impacts on both various price indices and total output levels; thus, the government can realize the promotion of gas pricing reform nationwide at a cost of relatively small increase in general price level and little lose of total output.

Keywords: Natural gas market; Pricing reform; Input–output model; Price level (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s11069-015-1884-6 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
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:spr:nathaz:v:84:y:2016:i:1:d:10.1007_s11069-015-1884-6

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/11069

DOI: 10.1007/s11069-015-1884-6

Access Statistics for this article

Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards is currently edited by Thomas Glade, Tad S. Murty and Vladimír Schenk

More articles in Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards from Springer, International Society for the Prevention and Mitigation of Natural Hazards
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().