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- W2382474523 abstract "this paper analyzes the impact of international crude oil price fluctuations on China's macro-economic before and after the open of crude oil wholesale and retail market by structural vector autoregressive (SVAR) model The results indicates that: the open of the crude oil wholesale and retail market accelerates the conduction of international crude oil price volatility on China's macro-economy; the rise of world oil prices leads to a larger output decline with strong continuity effect. Tight monetary policy and interest rate raise reduce the pressure of inflation on certain level, but there are still exerting excessive risk." @default.
- W2382474523 created "2016-06-24" @default.
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- W2382474523 date "2013-01-01" @default.
- W2382474523 modified "2023-10-15" @default.
- W2382474523 title "Conduction of International Crude Oil Price Volatility on China's Macroeconomic ——Analysis Based on Structural VAR Model" @default.
- W2382474523 hasPublicationYear "2013" @default.
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