The impact of natural gas price control in China: A computable general equilibrium approach

He, Yongda; Lin, Boqiang

doi:10.1016/j.enpol.2017.05.015

Cited by 49 publications

(12 citation statements)

References 20 publications

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“…Different from the input-output model [40,41], the CGE model can analyze the impact of a target issue on the whole society more concisely and clearly. We have summarized 3 characteristics of the CGE model [42][43][44]The supply and demand function clearly reflects the behavior of producers pursuing profit maximization and consumers pursuing maximization of utility. 2.…”

Section: Cge Modelmentioning

confidence: 99%

The Environment, Energy and Economic Impacts of Carbon Tax and Indirect Tax in the Coal Industry

Wang¹,

Zhao²

2019

Pol. J. Environ. Stud.

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The climate change caused by greenhouse gas (GHG) has become a major problem that the world needs to solve urgently. Many experts have made great efforts to solve the problem like CO 2 reduction or energy consumption reduction [1, 2]. They have been working on methods for sustainable development [3, 4], which involves many aspects such as nature, the environment, society, economics, technology, and politics. Different studies of researchers have different research directions. Some literature has focused on the relationship between science and the economy, such as Wu et al. (2010) [5]

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Section: Cge Modelmentioning

confidence: 99%

The Environment, Energy and Economic Impacts of Carbon Tax and Indirect Tax in the Coal Industry

Wang¹,

Zhao²

2019

Pol. J. Environ. Stud.

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“…Untuk kasus di China, penelitian yang dilakukan oleh Y. He & Lin (2017) dan Zhang et al, (2017) mendapatkan temuan yang sama, yaitu kenaikan harga gas bumi dapat memicu kenaikan indeks harga konsumen, sehingga menurunkan level GDP riil dan kesejahteraan penduduk.…”

Section: Metode Penelitianunclassified

Analisis Dampak Insentif Fiskal Penetapan Harga Gas Bagi Industri Domestik Terhadap Perekonomian: Pendekatan Model CGE Dinamis

Nugroho¹,

Amir²

2018

KEK

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AbstrakOptimalisasi pemanfaatan gas bumi untuk kebutuhan domestik terkendala oleh mahalnya harga gas yang sampai di tangan industri pengguna gas domestik. Untuk mengatasi hal tersebut, pemerintah telah mengeluarkan insentif fiskal berupa Perpres nomor 40 tahun 2016 tentang Penetapan Harga Gas Bumi. Penelitian ini bertujuan untuk menganalis dampak dari insentif fiskal tersebut terhadap perekonomian nasional. Hasil simulasi dengan model Computable General Equilibrium (CGE) Fiskal Dinamis menunjukkan bahwa kebijakan penetapan harga gas bumi tertentu dapat meningkatkan kinerja perekonomian nasional. Hal tersebut ditandai dengan adanya peningkatan GDP pada kisaran 0,12% - 0,13% pada jangka menengah. Pada sisi industri, harga input gas yang lebih rendah akan memangkas biaya produksi sehingga membuat output industri menjadi lebih murah kompetitif. Industri yang mengalami peningkatan output antara lain industri besi baja, industri pupuk, industri keramik, industri kaca, industri barang-barang dari karet, industri pulp & kertas, dan industri makanan & minuman.AbstractExpensive domestic gas price has constrained the natural gas utilization by the domestic industry. To deal with this situation, the government has issued fiscal incentives of Presidential Regulation number 40 of 2016 on the Natural Gas Price Regulation. The purpose of this paper is to analyze the impact of the fiscal incentives to the economy. The Simulation result with Dynamic Fiscal CGE model shows that overall, the fiscal incentive will improve the performance of the national economy. The GDP increases in the range of 0.12% - 0.13% in the medium term. On the micro side, lower gas input prices will lower production costs, thus making industrial output cheaper and more competitive. The output of the following Industries are increasing: steel, fertilizer, ceramic, glass, rubber, pulp & paper, and food & beverage

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“…Conversely, an increase in gas prices can significantly affect the economy by applying upward pressure on the CPI and a reduction in actual GDP and residents' welfare (He and Lin 2017) as well as by placing pressure on the profitability of the gas suppliers and distributors (Goncharuk 2013), and a number of industries such as metallurgy and the chemical industry (Goncharuk 2015). Moreover, based on the case of China, He and Lin (2017) established that an increase in gas prices can reduce carbon emissions.…”

Section: Introductionmentioning

confidence: 99%

The impact of the natural gas price on industrial performance during a hybrid war

Goncharuk¹,

Liashenko-Shcherbakova²,

Chaika³

2021

Polityka Energetyczna – Energy Policy Journal

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In the contemporary world, natural gas is one of the focuses of hybrid wars and is used as a tool of international economic and political pressure to gain appropriate benefits. The long-term pressure of Russia on Ukraine using a combination of military, political, economic, information and energy tools is one of the most striking cases of applying natural gas as a weapon in a hybrid war. Exploring the case of Ukraine, the authors confirmed the hypothesis about the change in the impact of the prices of natural gas on the performance of its industrial consumers during a hybrid war. The study covered three industrial sectors that are major consumers of natural gas -the metallurgy, chemical and pharmaceutical industries. The data of nine key companies of these industries for the period 2006-2019 were analyzed; this period was divided into two parts -before the hybrid war (2006)(2007)(2008)(2009)(2010)(2011)(2012)(2013) and during it (2014)(2015)(2016)(2017)(2018)(2019). The authors identified the heterogeneity of the influence of natural gas prices on the performance of different industrial enterprises. However, since the onset of the hybrid war, all of them have shown a reducing correlation of natural gas prices with all the analyzed performance indicators -operating profitability, material-output ratio, and labor productivity. The study managed to build reliable regression models that allow defining the prices of natural gas for the chemical industry and metallurgy, above which these industries in Ukraine become unprofitable. The defined critical levels have a practical implication since they can be tools for regulating natural gas prices for various industrial sectors.

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The impact of natural gas price control in China: A computable general equilibrium approach

Cited by 49 publications

References 20 publications

The Environment, Energy and Economic Impacts of Carbon Tax and Indirect Tax in the Coal Industry

The Environment, Energy and Economic Impacts of Carbon Tax and Indirect Tax in the Coal Industry

Analisis Dampak Insentif Fiskal Penetapan Harga Gas Bagi Industri Domestik Terhadap Perekonomian: Pendekatan Model CGE Dinamis

The impact of the natural gas price on industrial performance during a hybrid war

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