The Macroeconomic and Industry Effects of China Following the Fluctuation of World Iron Ore Price: A CGE Approach

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外文摘要：This paper assesses the impacts of world iron ore price fluctuation on macroeconomic and industries in China under the WTO framework。 To address the issue， we use a computable general equilibrium model -CHINGEM model devised by COPS of MONASH University， Australia and College of Economic and Trade of Hunan University jointly， using the sixth edition of GTAP Chinese BASEDATA。 Overall our results show that a substantial price increase on imported iron ore will bring certain negative effects on macroeconomic and industries in China。 Industries highly affected are iron ore， TCFs and metals (include steel industries) while a slight impact on agriculture。 Furthermore， it exerts a largely negative chain effects on regional output and employment in Beijing， Tianjin， Liaoning， Shanghai， Jiangsu， Zhejiang， Shandong， Guangdong， Hainan

外文关键词：

employmentindustrial economicsinternational trademacroeconomicspricingsocio-economic effectssteel industrytrade agreementsAustraliaBeijingCGE approachCHINGEM modelCOPSCenter of Policy StudiesChinaCollege of Economic and TradeGTAP Chinese BASEDATAGlobal Trade Analysis ProjectGuangdongHainanHunan UniversityJiangsuLiaoningMONASH UniversityShandongShanghaiTianjinWTO frameworkWorld Trade OrganizationZhejiangagriculturecomputable general equilibrium modelemploymentindustry effectsiron ore importmacroeconomicsprice fluctuationregional outputsteel industriesworld iron ore priceCGECOPSChain effectsCluster industriesGTAPIron oreWTO

作者：

Wang La-fang、Lai Ming-yong、Zhang Bao-jun

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作者单位：

Coll. of Econ. & Trade, Hunan Univ., Changsha

页码：

1101-1105

DOI：

10.1109/ICMSE.2006.314196