Wu, Libo; Li, Jing; Zhang, ZhongXiang(Honolulu, HI : East-West Center, 2011-03)
This paper aims to examine the impacts of oil-price shocks on China's price levels. To that end, a partial transmission input-output model was developed to capture the uniqueness of the Chinese market. Price control, market ...
Tang, Weiqi; Wu, Libo; Zhang, ZhongXiang(Honolulu: East-West Center, 2009-04)
A considerable body of economic literature shows the adverse economic impacts of oil-price shocks for the developed economies. However, there has been a lack of empirical study of this kind on China and other developing ...
