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Our price formation mechanism and the study of regulatory reform

Author: WangHao
Tutor: LiJianQin
School: Zhejiang University
Course: Western Economics
Keywords: Tariff Formation mechanism Price Regulation Performance Price Regulation Model
CLC: F426.61
Type: Master's thesis
Year: 2008
Downloads: 386
Quote: 5
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Abstract


Power industry is a colossal basic industry . Tariff reform is the core of the power system , related to the entire power industry, the success of regulatory reform . Therefore, the formation mechanism of tariff and tariff regulation reform research , undoubtedly has important practical significance. Firstly, on regulation theory and price regulation theory to sort out , based on the analysis of the price formation mechanism and its influencing factors ; Secondly, in the review of tariff regulation reform process at the same time , on China's tariff regulatory reform performance was evaluated ; final , learn from foreign price regulation model , combined with China's actual constructed for China's development needs electricity tariff regulation model, and the price of electricity industry regulation reform deepening made ??policy recommendations. This innovation lies in : First, in the analysis of price formation mechanism and its influencing factors based on the combination of China's power industry, the actual regulatory reform , selected national income , fuel prices , technological progress , industrialization index and the regulation of these five factors build regression econometric model to test its impact on China's tariff . Measurement results show that China's policy of price regulation on tariff control is effective , national income , fuel prices , technological advances , regulatory together can effectively explain my tariff levels . The second is a combination of the price-cap model and ROI model has the advantage , combined with the results of empirical testing , consider some of the more influential form of electricity production costs , inflation rates, technological progress, economic growth and other factors , and also consider contribute to the sustainable development of China's electric power industry, return on sales , tax , environmental , quality factors , designed for the country 's electricity pricing models. With the rapid development of China's market economy , the power industry regulatory reform is bound to deepen. Therefore, this analysis also trying for the country's electricity regulatory reform to provide some theoretical guidance and policy recommendations.

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