Dissertation > Excellent graduate degree dissertation topics show

Research on the Impact of Commodity Trade on China’s Inflation

Author: ShaoNing
Tutor: HuangLuJin
School: East China University of Science and Technology
Course: Applied Economics
Keywords: Commodity Trade Inflation Impact
CLC: F822.0;F224
Type: Master's thesis
Year: 2012
Downloads: 234
Quote: 0
Read: Download Dissertation

Abstract


In recent years, as a complicated economic phenomenon, inflation has happened and is getting worse with the rapid development in China’s economy. Since 2003, China focused on development of industrialization and urbanization, and increased the huge demands of commodities such as energy and raw materials as well. Many scholars believe that the general rise of commodity prices in international market is one of the main reasons of the recently twice imported inflation. Therefore, the study of relationship between current status of bulk commodity trade and the worsening imported inflation in China has both great practical and policy significance to the health of our economy and social stability.This paper, based on the previous studies, took Oil, Iron Ore and Soybeans as the three highly dependent commodity represents for examples. After the introduction of research meaning, theoretical basis and reality, this paper used data and phenomenon to analyze the existing inflation in China and the pathway map of three commodity price shocks on China’s CPI and PPI, and then derived the impact of bulk commodity on China’s price level theoretically. For further validation, this paper used Vector Autoregressive Model (VAR) to fit the data, and analyzed the influence of foreign impulses on China’s price level in future through Impulse Response Function and Variance Decomposition Function. The results showed that the CRB index has remarkable and sustained positive response to PPI and the contribution was up to 40%; Oil price has prominent impact on China’s inflation, it not only positively contributed 40% to PPI for 7 or 8 months, but also transfer to CPI since the forth month; Soybeans is the only one which has stable and long-term impact on CPI. Finally, the paper proposed countermeasures to ease China’s imported inflation due to bulk commodity trade, which meanly in two ways——strive for international commodity pricing and reduce external dependence.

Related Dissertations

  1. Study on Characteristics of Contiuous Fiber-Reinforced Metal Matrix Composites under Hypervelocity Projectile Impact,TB332
  2. Study on the Quantified Model of Public Participation in Highway Environmental Impact Assessment,U41
  3. The Statistical Inference for Count Data with Zero-inflation and Over-dispersion,C81
  4. The Impact of Tourism on Typical Vegetation in Luya Mountain Nature Reserve, Shanxi Province,S759.9
  5. Construction project environmental impact assessment of public participation in the \,X820.3
  6. China’s Financial Development, Financial Structure and Output Stability,F124;F224
  7. The Empirical Analysis of the Influence of International Commodity Prices on China Inflation,F224
  8. The Reaserch on the Impact of Civil Servants’Job Stress on Engagement,D630.3
  9. Analysis on the Tax Policies Regulation Under the Inflationary Circumstance in China,F812.42
  10. Research on Bus Collision and Rolling Simulation Technology,U467.14
  11. The Research of Improving Foam Property of Egg Liquid,TS253.1
  12. China's real estate price fluctuations and inflation correlation,F822.5;F224
  13. Three-dimensional angle interlock woven composites mechanical properties of low-velocity impact and Finite Element Analysis,TB332
  14. For small spacecraft cone - rod flexible wall docking mechanism design studies,V526
  15. Arbitrage Opportunity Analysis of Stock Index Futures and Sse 50 Constituent Stocks,F832.51
  16. Improved F-AHP risk assessment of water conservancy project construction period,TV512
  17. Waste printed circuit boards broken grading system optimization and control,X76
  18. Energetic Fragment diesel tank ignition mechanism,TK421
  19. Catamaran structural characteristics of blast-resistant Shock,U661.4
  20. Northern Research in Sogdian clothing,J523.5
  21. Genetically engineered spider silk proteins bionic repeated module into the wire Properties,Q78

CLC: > Economic > Economic planning and management > Economic calculation, economic and mathematical methods > Economic and mathematical methods
© 2012 www.DissertationTopic.Net  Mobile