Many studies, as well as historical events, indicate that oil price shocks affect the macro economy of a country. In this paper we build a Chinese Computable General Equilibrium (CGE) model, with which we simulate the impact on the Chinese economy of international crude oil price when it rises...

Many studies, as well as historical events, indicate that oil price shocks affect the macro economy of a country. In this paper we build a Chinese Computable General Equilibrium (CGE) model, with which we simulate the impact on the Chinese economy of international crude oil price when it rises...

Based on the complex system theory, this paper extends the current notion of the Energy-Economy-Environment (3E) model and establishes a theoretical framework for the Society-Economy-Energy-Environment-Technology (SE³T) complex system. The components and structure of SE³T are described, as...

Based on the complex system theory, this paper extends the current notion of the Energy-Economy-Environment (3E) model and establishes a theoretical framework for the Society-Economy-Energy-Environment-Technology (SE³T) complex system. The components and structure of SE³T are described, as...

From the viewpoint of energy system modelling, this paper systematically analyses energy models developed by various international organisations. Their modelling approaches, functions, modelling structures, as well as their typical applications are reviewed. The review will be helpful for...

Though China has made great achievement in energy conservation in the last two decades, its energy consumption is increasing rapidly. In March 2006, China's government set a target for reducing its energy intensity by 20% by 2010 compared to the 2005 value. In this paper, we analyse China's...

Crude oil price has an important effect on national economic production and safety-stock. In this paper, we analysed the trends of Chinese and international crude oil prices and their fluctuations by testing the Granger causality and the dynamic effects to its counterpart. Results show that from...

Though China has made great achievement in energy conservation in the last two decades, its energy consumption is increasing rapidly. In March 2006, China's government set a target for reducing its energy intensity by 20% by 2010 compared to the 2005 value. In this paper, we analyse China's...

Crude oil price has an important effect on national economic production and safety-stock. In this paper, we analysed the trends of Chinese and international crude oil prices and their fluctuations by testing the Granger causality and the dynamic effects to its counterpart. Results show that from...

The fractal behaviour for petroleum pricing is investigated in several international systems. Based on the time series of Brent & WTI crude oil and Rotterdam & Singapore Leaded gasoline prices (daily spot), this paper analyses the fractal features in the systems under study by using Rescaled...