Big Data

Energy Prices And China's International Competitiveness

Download Now Date Added: Nov 2009
Format: PDF

This paper uses the CCF approach to analyze and determine whether there is a causal relationship between the world energy price index and China's international competitiveness. The data on the volatility of energy prices can provide information in addition to that available in the price data alone. The analysis suggests that the volatility of energy prices has significant implications concerning information linkages between the energy market and China's international competitiveness. Nobody can deny the importance of the Chinese economy in the world. China plays an important role as a leader of developing countries, and thus many researchers have analyzed the Chinese economy from many perspectives.