scholarly journals Research on the Impact of Reducing Industrial and Commercial Electricity Price on Henan's Overall Price Level——Based on Social Accounting Matrix

2019 ◽  
Vol 136 ◽  
pp. 01017
Author(s):  
Yanming Jin ◽  
Zhuonan Li ◽  
Mingyang Zhang
Keyword(s):  
Price Index ◽  
Price Level ◽  
Consumer Price Index ◽  
Business Environment ◽  
Henan Province ◽  
Electricity Price ◽  
Social Accounting Matrix ◽  
Social Accounting ◽  
Economic Price ◽  
The Impact

In order to reduce the operating costs of enterprises and optimize the business environment, China implemented the policy of reducing the general industrial and commercial electricity price by 10% in 2018 and 2019. This study uses the social accounting matrix to evaluate the effect of policy implementation on the price level of Henan Province. Through price transmission, we analyze the impact of industrial and commercial electricity price changes on production price and consumer price fluctuation of other sectors. The results show that the adjustment of general industrial and commercial electricity price has limited effect on the overall economic price level of Henan Province. The impact of electricity price adjustment on urban consumer price index is higher than that of rural consumer price index.

scholarly journals Measuring spatial price differentials at the basic heading level: a comparison of stochastic index number methods

2021 ◽  
Author(s):  
Sebastian Weinand
Keyword(s):  
Price Level ◽  
Consumer Price Index ◽  
Index Number ◽  
Price Data ◽  
Estimation Efficiency ◽  
Spatial Price ◽  
Price Comparisons ◽  
High Degree ◽  
The Impact

AbstractSpatial price comparisons rely to a high degree on the quality of the underlying price data that are collected within or across countries. Below the basic heading level, these price data often exhibit large gaps. Therefore, stochastic index number methods like the Country–Product–Dummy (CPD) method and the Gini–Eltetö–Köves–Szulc (GEKS) method are utilised for the aggregation of the price data into higher-level indices. Although the two index number methods produce differing price level estimates when prices are missing, the present paper demonstrates that both can be derived from exactly the same stochastic model. For a specific case of missing prices, it is shown that the formula underlying these price level estimates differs between the two methods only in weighting. The impact of missing prices on the efficiency of the price level estimates is analysed in two simulation studies. It can be shown that the CPD method slightly outperforms the GEKS method. Using micro data of Germany’s Consumer Price Index, it can be observed that more narrowly defined products improve estimation efficiency.

scholarly journals Revisiting the South African Marketing Index

1995 ◽  
Vol 26 (2) ◽  
pp. 49-57 ◽  
Author(s):  
Christo Boshoff ◽  
Alwyn P. Du Plessis
Keyword(s):  
Price Index ◽  
Business Environment ◽  
Point Of View ◽  
External Point ◽  
Consumer Perspective ◽  
Technological Developments ◽  
Marketing Activities ◽  
Business Function ◽  
High Level ◽  
The Impact

The high level of human involvement in marketing ensures that it is, and always will be, a dynamic business function. When the impact of accelerating technological developments is added, the dynamism often turns to volatility. The rapidly changing business environment necessitates regular consideration of the role of marketing in the business environment, both from an internal and external point of view. This study analyses marketing and marketing activities from a consumer perspective. It measures consumer attitudes towards the four P's and converts these scores to an overall 'attitude towards marketing' index. It also compares the results with a similar study conducted in 1990 (the 1990 study). The 1990 study reported a negative marketing index of -16.262. Older consumers in particular voiced their disapproval of marketing practices. Pricing was singled out as the most important bone of contention. The pricing and the pricing practices used by marketers were seen as often unfair and unreasonable. Advertising was also viewed rather sceptically. Retailing was the only marketing mix element to return a positive index. The results of this study show that the SA Marketing Index has declined from -16.262 in 1990 to -34.125 in 1993. The decline in the marketing index is primarily due to the considerable decline in the price index from -8.470 to -24.368, a slight decrease in the product index (from -2.719 to -9.939) and a marginal deterioration in the retailing index. The decline in the price index in particular was so severe that the improvement in the advertising index (from -6.434 to +0.606) had almost no influence on the marketing index. When the impact of demographic variables on attitudes were considered, Afrikaans-speaking consumers and those who are relatively well qualified academically, turned out to be particularly dissatisfied with marketing.

scholarly journals SARIMA Model for Forecasting Price Indices Fluctuations

2021 ◽  
Vol 2 (6) ◽  
pp. 1-6
Author(s):  
N. Sonai Muthu ◽  
K. Senthamarai Kannan ◽  
V. Deneshkumar ◽  
P. Thangasamy
Keyword(s):  
Rural Areas ◽  
Price Index ◽  
Inflation Rate ◽  
Price Level ◽  
Consumer Price Index ◽  
Demand Side ◽  
Price Indices ◽  
Sarima Model ◽  
Food And Beverages ◽  
Urban And Rural Areas

In day-to-day life, the price level fluctuations in the Consumer Price Index (CPI) goods and service. So, the retail consumers are affecting by that price level changes, who are on the demand side of the economy. The main objective of this work is to forecast such selected factors of CPI in urban and rural areas of India, like: Food and Beverages, Pan, Tobacco and Intoxicants, Fuel and Light and Education and also compute the inflation rate for those four main variables in all India.

scholarly journals The South African wildlife ranching sector: A Social Accounting Matrix Leontief multiplier analysis

2014 ◽  
Vol 14 (1) ◽  
Author(s):  
Philippus C. Cloete ◽  
Riaan Rosouw
Keyword(s):  
Land Use ◽  
South African ◽  
Value Added ◽  
Economic Research ◽  
Social Accounting Matrix ◽  
The South ◽  
Social Accounting ◽  
Multiplier Analysis ◽  
Economic Contribution ◽  
The Impact

Orientation: There is startlingly little economic research on the South African wildlife sector which contributes toward disputes regarding the economic contribution of the sector.Research purpose: The purpose of this article is to put into context the relative economic contribution of the wildlife ranching sector, as opposed to other land-use options in South Africa.Motivation for the study: Growth in the wildlife ranching sector at the cost of other traditional farming practices resulted in disagreements amongst various role players about the impact thereof on the national economy. The controversy can most probably be explained by different beliefs, coupled with the lack of a proper understanding and quantification of the wildlife ranching sector’s contribution toward the economy.Research methodology: The study employed a Social Accounting Matrix-based Leontief multiplier analysis for South Africa.Main findings: Results from the multiplier analysis revealed that developments within the wildlife ranching sector are likely to make a relatively more superior contribution towards the economy, especially when compared to similar land-use options such as extensive livestock production.Practical/managerial implications: It has been acknowledged by both academia and private sector that a major need exists for more research on the South African wildlife ranching industry, specifically looking at issues such as the industries, economic and social contributions, potentials and constraints. The research, therefore, contributes toward the depth of economic information and research regarding the South African wildlife sector.Contribution/value added: The research provides valuable information in dealing with the ‘popular belief’, especially amongst some of South Africa’s decision makers, namely, that growth in the wildlife ranching sector is not or does not have the ability to contribute significantly toward economic and socioeconomic factors.

scholarly journals The Impact of Housing Density on Site Development Costs

1977 ◽  
Vol 6 (2) ◽  
pp. 263-274
Author(s):  
Leslie E. Small ◽  
Donn A. Derr
Keyword(s):  
Price Index ◽  
Consumer Price Index ◽  
Housing Density ◽  
Middle Income ◽  
The Past ◽  
Site Development ◽  
Income Groups ◽  
Development Costs ◽  
The Cost ◽  
The Impact

During the past decade, the cost of constructing new homes has risen dramatically. While the overall consumer price index rose by 74 percent between 1967 and the end of 1976, the cost of constructing new housing rose by about 103 percent nationally. This trend in costs has priced a growing proportion of lower and middle income groups out of the market for new houses. The national average price for new housing is currently $52,000 per unit. This has led to expressions of public concern that efforts need to be undertaken to find ways by which these low and middle income groups can obtain access to new housing.

The Impact of Quality Stabilization

1965 ◽  
Vol 2 (3) ◽  
pp. 274-282
Author(s):  
Jerome C. Darnell
Keyword(s):  
Fair Trade ◽  
Price Index ◽  
Consumer Price Index ◽  
Fair Trading ◽  
Trade Law ◽  
Legislative Proposals ◽  
The Impact

Several legislative proposals for a national fair-trade law or “quality stabilization” have been introduced in Congress. This article estimates the impact of quality stabilization on the Consumer Price Index. Depending on the extent to which fair trading currently prevails, quality stabilization would increase the CPI by one to ten percent.

scholarly journals Breast-Feeding Decline despite Deteriorating Socio-Economic Conditions

1994 ◽  
Vol 15 (3) ◽  
pp. 1-3
Author(s):  
Bendley Melville
Keyword(s):  
Breast Feeding ◽  
Price Index ◽  
Consumer Price Index ◽  
Economic Hardship ◽  
Artificial Feeding ◽  
Economic Conditions ◽  
Feeding Duration ◽  
Food And Drink ◽  
The Cost ◽  
The Impact

The impact of deteriorating socio-economic conditions on breast-feeding duration in Jamaica is examined In spite of dramatic increases in the consumer price index for food and drink and consequently in the cost of artificial feeding, breast-feeding duration declined by 10.6% during 19871991. This was apparently due to a reduction in postpartum visits by district midwives. It is concluded that breast-feeding promotion should receive increased support under conditions of severe economic hardship.

scholarly journals FORMATION OF COMPOSITE GLOBAL COMMODITY PRICES AS AN INFLATION INDICATOR FOR EAST JAVA

2021 ◽  
Vol 2 (2) ◽  
pp. 210-217
Author(s):  
Anisha Wirasti Cahyaningrum
Keyword(s):  
Exchange Rate ◽  
Price Index ◽  
Consumer Price Index ◽  
Relative Weight ◽  
Commodity Prices ◽  
Commodity Price ◽  
Data Availability ◽  
General Will ◽  
The Exchange Rate ◽  
The Impact

With the average contribution of imports to Gross Regional Domestic Product (GRDP) in the last five years reaching 19.1%, the dynamics of global commodity prices also influence the economic performance of East Java, including the movement of inflation. A composite indicator of global commodity prices is needed to find out the impact of changes in various global commodity prices on inflation in East Java. By adopting the Bank Indonesia methodology in forming a composite global price known as the Imported Inflation Price Index (IHIM) which has considered the method of forming a global composite price created by the IMF (IMF Commodity Price Index), the compilation of East Java global price composites also examines the accuracy of commodity selection and aspects of data availability. The selected global price composite for East Java is a composite of seven global commodities which include food (wheat, soybeans, corn and CPO) and non-food (iron, gold and oil). These are two aspects determining the relative weight, namely (I) the import portion of the total input based on the Input-Output table and (ii) the commodity weight of derivatives in the East Java Consumer Price Index (IHK) basket. Furthermore, with OLS regression, the composite of East Java global commodity prices affects the core-traded inflation movement in East Java. Thus, the composite of global commodity prices in East Java can be used as an indicator of East Java inflation projections, especially core-traded inflation. This study, in general, will also examine the effect of the exchange rate impact on the movement of core inflation, especially traded groups in East Java. Based on the regression results it is known that the impact of the exchange rate movement on core traded inflation in East Java is more significant than the effect of world commodity price movements.

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