Construction of China’s nominal energy condition index
International Journal of Energy Sector Management
ISSN: 1750-6220
Article publication date: 7 September 2015
Abstract
Purpose
The paper aims to know about energy condition’s impacts on inflation comprehensively.
Design/methodology/approach
This paper constructs China’s energy condition index (ECI) by bringing in three variables (China’s energy price, consumption and production) based on the financial condition index.
Findings
The result of empirical analysis shows that the index can predict China’s inflation well.
Originality/value
China’s ECI can predict China’s inflation well.
Keywords
Acknowledgements
This study was sponsored by Natural Science Foundation of China “Study on the Financial Agglomeration Factor Flow and Regional Economy Spatial Discrepancy and Convergence Evolution Simulation: Based on the Perspective of Ecological Efficiency (Project Number: 71263039) ” and “Study on The Spatial Coupling Development Model and Optimizing Strategy of Ecology Capital, Ecology Economy and Financial Ecology in Poyang Lake Area (Project Number: 71063015)”.
Citation
Bai, C., He, Y., Zhou, D., Zhang, Y. and Jiang, Z. (2015), "Construction of China’s nominal energy condition index", International Journal of Energy Sector Management, Vol. 9 No. 3, pp. 311-322. https://doi.org/10.1108/IJESM-05-2013-0012
Publisher
:Emerald Group Publishing Limited
Copyright © 2015, Emerald Group Publishing Limited