Abstract

Oil is extensive involved in industry chain, it is obvious that the oil price shocks could affect all aspects of our production and life through the industry-chains' transmission. Based on the nature of the shocks, we would decompose them into four different types, analyze the transmission mechanisms on some typical industries which in Chinese industry-chain. According to the researches about the influences on typical industries brought by these different shocks, we could find that: because of the various transformation or transference abilities of oil price on industry-chain, different industries in the chain would encounter different impacts; especially the supply oil shocks on the typical sectors are greater than others.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.