The Effects Of International Coal And Oil Price Changing On Chinese Economy

In recent years, the research of energy price changes for macro economic effects of articles is on the rise. In China's energy consumption structure:70 percent of coal and 20 percent of oil, this is our study of economic impact energy prices for basic prerequisite. The fluctuation international coal price and international oil prices, the change of China's macroeconomic respectively for what? According to this, we can adopt measures?Using VAR model, cointegration test and granger causality test, to analyze the relation of coal, oil price changes in prices (PPI, CPI), industrial added value (VAI) and monetary circulation (M2) analysis. Using VAR model, cointegration test and granger causality test, analysis of coal, the international oil prices internationally on the price level (PPI, CPI), industrial added value (VAI) and monetary circulation (M2) analysis. Firstly, this paper establish VAR model to discuss international coal, crude oil prices on the international price level (PPI, CPI), industrial added value (VAI) and money supply (M2). Secondly, the paper discusses the international price of coal and international oil prices.This paper presents the main conclusion is:the price of coal and oil prices for prices have significant influence PPI, but no significant influence on the CPI; Coal price fluctuation in the industrial sector has certain influence in the industrial sector, crude oil prices no significant influence; Coal price fluctuations in currency issued a certain backward relation, crude oil prices for the currency is not remarkable.