Wang, Lafang; Lai, Mingyong; Zhang, Baojun - In: International Journal of Trade and Global Markets 1 (2007) 1, pp. 23-43
This paper assesses the transmission impacts of world iron ore price fluctuation on China's macroeconomics and industries. The analytical framework is a computable general equilibrium model. The results demonstrate that a sharp increase in imported iron ore price will exert certain negative...