Structural Rise of Commodity Price and Effects on CPIs of Different Income Groups In China--Based on Stratified Input-Output Local Closed Price Model
This paper divides household department into seven income groups according to 2007 input-output table and gets the stratified input-output table through several adjustment methods,then stratified extends Input-output local closed model into stratified Input-output local closed price model,finally analyzes the effects for other commodities and the stratified CPIs after the price change of certain commodity.The main conclusions include:according to the analysis on the price transmission mechanism,price changes of daily necessities cause the larger effect for prices of other goods while price changes of no-daily necessities cause the less effect assuming 1% of commodity price changes; price changes of the former have a greater impact on the lower income groups while price changes of the latter have a greater impact on the higher income groups; through the simulation analysis about the price changes of 1%,10%,20%,30%,differences among the stratified CPIs are more sensitive to the price changes of food than others.
Structural price Ttransmission mechanism the Stratified CPI Stratified Input-output Local Closed Price Model
LI Wei
School of Mathmetics and Statistics,Zhejiang University of Finance and Economics,P.R.China,310018School of Statistics and Mathmetics,Zhejiang Gongshang University,P.R.China,310018
国际会议
青岛
英文
702-708
2012-07-20(万方平台首次上网日期,不代表论文的发表时间)