As a cleaner,high-efficiency,and low-carbon fuel,natural gas has been an important fuel resource for China.To achieve a substantial increase in natural gas demand,China has sought to reform its natural gas pricing mec...As a cleaner,high-efficiency,and low-carbon fuel,natural gas has been an important fuel resource for China.To achieve a substantial increase in natural gas demand,China has sought to reform its natural gas pricing mechanism.Employing a set of unbalanced panel data for China’s 30 provinces covering 1999-2015,this study aims to estimate the evolving price and income elasticities of natural gas demand and explore the effect of natural gas price reform in China.For this purpose,a series of econometric techniques allowing for cross-sectional dependence and slope homogeneity is utilized.The results suggest that although natural gas demand in China still lacks negative price elasticity,the phenomenon is improving.Moreover,the estimates suggest that natural gas demand in China is indeed becoming increasingly sensitive to income changes.Our estimates also provide strong evidence in favor of the effect of natural gas price reform on the change in price elasticity as the price elasticity decreases in five of the seven regions.In addition,the results indicate large variations in the change in price and income elasticities of natural gas demand across China’s regions.Natural gas demand is becoming more price inelastic in Southwest China and Northwest China,while such demand in North China and East China responds less sensitively to income changes.These findings offer several policy suggestions for the reform of China’s natural gas market at the national and regional levels.展开更多
Since 1998,the national policies on chemical fertilizer in China have been concentrated in limiting price plus subsidizing,abolishing agricultural tax,giving direct subsidies to farmers,and other aspects.In order to a...Since 1998,the national policies on chemical fertilizer in China have been concentrated in limiting price plus subsidizing,abolishing agricultural tax,giving direct subsidies to farmers,and other aspects.In order to analyze the impact of national policies on the consumption of chemical fertilizer,this article selects the consumption of chemical fertilizer per unit,chemical fertilizer price index and farmers'net income in different provinces during the period 1998-2007 as variables,to conduct regression analysis of chemical fertilizer expenditure function,and calculate the price elasticity and income elasticity of chemical fertilizer demand in different provinces over the decade based on the regression results.The results show that at present the basic consumption of chemical fertilizer for agricultural development in China is 0.35 t/hm 2 ,and the consumption of chemical fertilizer is excessive in some provinces;the chemical fertilizer market has not been really established,and the price has little impact on demand.This indicates that the chemical fertilizer is essential for agricultural economic development,and it increases along with the increase of farmers'income; the intervention of the national policy in chemical fertilizer price is a fundamental reason for the rising demand for chemical fertilizer.This also to some extent indicates that the policy effect of merely using environmental taxes to change farmers'consumption of chemical fertilizer is limited;there is a need to transform the existing policies purely promoting agricultural economic development,toward giving different subsidies in accordance with whether the farmers'fertilization pattern is beneficial to the environment.展开更多
Express Mail Service (EMS) is the most competitive one of the post services. Price competition is the core of market competition and so for EMS. In this paper, we calculate the coefficient of demand elasticity and the...Express Mail Service (EMS) is the most competitive one of the post services. Price competition is the core of market competition and so for EMS. In this paper, we calculate the coefficient of demand elasticity and then put forward the price strategy for EMS to increase its competitive power.展开更多
The appearance of new product varieties and improvements in the quality of goods have both played key roles in the rapid growth of China's exports. However, these two important elements have not been formally integ...The appearance of new product varieties and improvements in the quality of goods have both played key roles in the rapid growth of China's exports. However, these two important elements have not been formally integrated into the demand equations for China's exports. As we demonstrate in this paper, income elasticity will be underestimated if new varieties of goods and quality improvements are omitted in price index and quantity index calculations, which are necessary for estimating the export demand function. Moreover, the faster new product varieties enter export markets, the greater the underestimation will be. In this paper, we develop an export demand equation that takes into account newproduct varieties and improvements in quality, and then calculate the demand function for China's exports using the data from 1992 to 2006. According to our estimation, the short-term income elasticity of demand for China "s exports is approximately 2.34, and the short-term price elasticity is approximately-0. 65. Our estimation predicts an increase in China's export value in the case of an RMB appreciation or export rebate rates reduction in the short term, due to the low price elasticity of China's exports, whose absolute value is less than 1. Our findings are novel and could have significant policy implications.展开更多
Price Discrimination of film products is theoretically feasible and logically inevitable, and it has been used for a long time in film industry as well. However, there are practical paradoxes in the new environment du...Price Discrimination of film products is theoretically feasible and logically inevitable, and it has been used for a long time in film industry as well. However, there are practical paradoxes in the new environment due to market factors like popularization of Internet environment and Online to Offline(O2O) retailers between hierarchical markets. Compared with high-level markets, low-level markets are lack of conditions for differentiated lower price like cinema infrastructure, and environment for film consumption market, so that the consumption potential for market has not been motivated yet. Therefore, it is quite important to pay close attention to how to expand the market by clearer gradient pricing structures and Internet platform.展开更多
With the high-speed development of economy in China, people require higher and higher quality of food, and accidents of food safety in recent years have been reported, causing the promotion of consumption demand on gr...With the high-speed development of economy in China, people require higher and higher quality of food, and accidents of food safety in recent years have been reported, causing the promotion of consumption demand on green food. The paper firstly investigates the current situation of green food industry at home and abroad, then focuses on the analysis of the demand of green food market. We study the balance between the green food and the per capita disposable income in short and long term, through vector auto regression model and co-integration analysis on the income elasticity of demand. The paper shows that, the relationship between green food consumption and per capita disposable income is "bullwhip effect", which means that the per capita disposable income have a significant role to the green food sales in the short term, but no stable co-integration relationship in the long term.展开更多
In order to optimize the ladder-pricing scheme in Shanghai, we present a multi-objective optimization model (MOOM). To build this model, first we use price elasticity theory;divide the ladder pricing into peak electri...In order to optimize the ladder-pricing scheme in Shanghai, we present a multi-objective optimization model (MOOM). To build this model, first we use price elasticity theory;divide the ladder pricing into peak electricity bill and valley electricity bill in the time dimension to model the single-user demand response. Second based on the single-user demand response model, combined with the overall users’ electricity distribution density function, we build an all-users demand response model. The proposed model has two objectives: minimize energy consumption and maximize residents’ satisfaction. Simulation results confirm that the proposed model can optimize the ladder-pricing scheme.展开更多
Despite the growing recognition of women’s increasing role in the household and corresponding empowerment programs in sub-Saharan Africa,intensive research on the relationship between women’s influence and household...Despite the growing recognition of women’s increasing role in the household and corresponding empowerment programs in sub-Saharan Africa,intensive research on the relationship between women’s influence and household food consumption is minimal.Using the most recent(2017-2018)national household survey data from Tanzania,this study examined the influence of women’s empowerment on household food consumption.First,we compared the monthly consumption of eight food categories between female-headed households(FHHs)and male-headed households(MHHs)using both descriptive statistics and the propensity score matching(PSM)method.Furthermore,we adopted the two-stage Linear Expenditure System and Almost Ideal Demand System model(LES-AIDS)to estimate income and price elasticities for the two household types.The results show that FHHs consume bread and cereals,fish,oils and fats,vegetables,and confectionery(sugar,jam,honey,chocolate,etc.)more than MHHs.Moreover,FHHs have a significantly higher income elasticity of demand for all food groups than MHHs.They are also more price elastic than MHHs in meat,fish,oils,fats,sugar,jam,honey,chocolate,etc.展开更多
基金Financial support from the National Social Science Foundation of China (Grant Nos.17BGL014 and 18VDL017)
文摘As a cleaner,high-efficiency,and low-carbon fuel,natural gas has been an important fuel resource for China.To achieve a substantial increase in natural gas demand,China has sought to reform its natural gas pricing mechanism.Employing a set of unbalanced panel data for China’s 30 provinces covering 1999-2015,this study aims to estimate the evolving price and income elasticities of natural gas demand and explore the effect of natural gas price reform in China.For this purpose,a series of econometric techniques allowing for cross-sectional dependence and slope homogeneity is utilized.The results suggest that although natural gas demand in China still lacks negative price elasticity,the phenomenon is improving.Moreover,the estimates suggest that natural gas demand in China is indeed becoming increasingly sensitive to income changes.Our estimates also provide strong evidence in favor of the effect of natural gas price reform on the change in price elasticity as the price elasticity decreases in five of the seven regions.In addition,the results indicate large variations in the change in price and income elasticities of natural gas demand across China’s regions.Natural gas demand is becoming more price inelastic in Southwest China and Northwest China,while such demand in North China and East China responds less sensitively to income changes.These findings offer several policy suggestions for the reform of China’s natural gas market at the national and regional levels.
基金Supported by General Project of Humanities and Social Sciences Research of Ministry of Education in 2008(08JA790022)
文摘Since 1998,the national policies on chemical fertilizer in China have been concentrated in limiting price plus subsidizing,abolishing agricultural tax,giving direct subsidies to farmers,and other aspects.In order to analyze the impact of national policies on the consumption of chemical fertilizer,this article selects the consumption of chemical fertilizer per unit,chemical fertilizer price index and farmers'net income in different provinces during the period 1998-2007 as variables,to conduct regression analysis of chemical fertilizer expenditure function,and calculate the price elasticity and income elasticity of chemical fertilizer demand in different provinces over the decade based on the regression results.The results show that at present the basic consumption of chemical fertilizer for agricultural development in China is 0.35 t/hm 2 ,and the consumption of chemical fertilizer is excessive in some provinces;the chemical fertilizer market has not been really established,and the price has little impact on demand.This indicates that the chemical fertilizer is essential for agricultural economic development,and it increases along with the increase of farmers'income; the intervention of the national policy in chemical fertilizer price is a fundamental reason for the rising demand for chemical fertilizer.This also to some extent indicates that the policy effect of merely using environmental taxes to change farmers'consumption of chemical fertilizer is limited;there is a need to transform the existing policies purely promoting agricultural economic development,toward giving different subsidies in accordance with whether the farmers'fertilization pattern is beneficial to the environment.
文摘Express Mail Service (EMS) is the most competitive one of the post services. Price competition is the core of market competition and so for EMS. In this paper, we calculate the coefficient of demand elasticity and then put forward the price strategy for EMS to increase its competitive power.
基金financial support from the International Studies Division of the Chinese Acadcmy of Social Sciences
文摘The appearance of new product varieties and improvements in the quality of goods have both played key roles in the rapid growth of China's exports. However, these two important elements have not been formally integrated into the demand equations for China's exports. As we demonstrate in this paper, income elasticity will be underestimated if new varieties of goods and quality improvements are omitted in price index and quantity index calculations, which are necessary for estimating the export demand function. Moreover, the faster new product varieties enter export markets, the greater the underestimation will be. In this paper, we develop an export demand equation that takes into account newproduct varieties and improvements in quality, and then calculate the demand function for China's exports using the data from 1992 to 2006. According to our estimation, the short-term income elasticity of demand for China "s exports is approximately 2.34, and the short-term price elasticity is approximately-0. 65. Our estimation predicts an increase in China's export value in the case of an RMB appreciation or export rebate rates reduction in the short term, due to the low price elasticity of China's exports, whose absolute value is less than 1. Our findings are novel and could have significant policy implications.
基金the phased research achievement of social science planning key project of Shandong Province—“cultural enterprise innovation of business model way and method study based on big data”(No:15BGLJ07)
文摘Price Discrimination of film products is theoretically feasible and logically inevitable, and it has been used for a long time in film industry as well. However, there are practical paradoxes in the new environment due to market factors like popularization of Internet environment and Online to Offline(O2O) retailers between hierarchical markets. Compared with high-level markets, low-level markets are lack of conditions for differentiated lower price like cinema infrastructure, and environment for film consumption market, so that the consumption potential for market has not been motivated yet. Therefore, it is quite important to pay close attention to how to expand the market by clearer gradient pricing structures and Internet platform.
基金supported by Study on the relationship between low carbon development and ecological civilization construction in China (201209)
文摘With the high-speed development of economy in China, people require higher and higher quality of food, and accidents of food safety in recent years have been reported, causing the promotion of consumption demand on green food. The paper firstly investigates the current situation of green food industry at home and abroad, then focuses on the analysis of the demand of green food market. We study the balance between the green food and the per capita disposable income in short and long term, through vector auto regression model and co-integration analysis on the income elasticity of demand. The paper shows that, the relationship between green food consumption and per capita disposable income is "bullwhip effect", which means that the per capita disposable income have a significant role to the green food sales in the short term, but no stable co-integration relationship in the long term.
文摘In order to optimize the ladder-pricing scheme in Shanghai, we present a multi-objective optimization model (MOOM). To build this model, first we use price elasticity theory;divide the ladder pricing into peak electricity bill and valley electricity bill in the time dimension to model the single-user demand response. Second based on the single-user demand response model, combined with the overall users’ electricity distribution density function, we build an all-users demand response model. The proposed model has two objectives: minimize energy consumption and maximize residents’ satisfaction. Simulation results confirm that the proposed model can optimize the ladder-pricing scheme.
基金This study was supported by the Chinese University Scientific Fund(2023TC105)the National Nature Science Foundation of China(72361147521&72061147002).
文摘Despite the growing recognition of women’s increasing role in the household and corresponding empowerment programs in sub-Saharan Africa,intensive research on the relationship between women’s influence and household food consumption is minimal.Using the most recent(2017-2018)national household survey data from Tanzania,this study examined the influence of women’s empowerment on household food consumption.First,we compared the monthly consumption of eight food categories between female-headed households(FHHs)and male-headed households(MHHs)using both descriptive statistics and the propensity score matching(PSM)method.Furthermore,we adopted the two-stage Linear Expenditure System and Almost Ideal Demand System model(LES-AIDS)to estimate income and price elasticities for the two household types.The results show that FHHs consume bread and cereals,fish,oils and fats,vegetables,and confectionery(sugar,jam,honey,chocolate,etc.)more than MHHs.Moreover,FHHs have a significantly higher income elasticity of demand for all food groups than MHHs.They are also more price elastic than MHHs in meat,fish,oils,fats,sugar,jam,honey,chocolate,etc.