Study on the impact of the strength of coal price changes on economic growth in inner mongolia
ZHAO Lixia
LI Ruixue
Abstract：The study of the impact of commodity prices on economic development facilitates the formulation of more efficient economic policies.Coal is an important bulk commodity,and its movement affects the development of the economy.This paper is based on the organization and study of the economic data of Inner Mongolia from 1992 to 2021,and from the background of the new development pattern,adopts the generalized propensity score matching method to carry out a series of analyses and empirical tests centering on the theme of"the relationship between coal price and Inner Mongolia's economy".It is found that there is an"N-shaped"relationship between coal price changes and Inner Mongolia's economy,i.e.,as the rate of change of coal prices increases,Inner Mongolia's economy shows a"rising-declining-rising"trend.This paper argues that coal prices can be controlled by formulating fiscal policies,strengthening intelligent construction,and enhancing the development and use of new energy sources,so that the intensity of coal price changes can be kept at a level conducive to economic development.
Keywords：strength of coal pricerenewable energyeconomic efficiencynew development patternmodel constructionthe generalized propensity score matching methodrobustness testing
Publication Date：2024-04-20
Online Publishing Date：2025-08-15(First online date of this platform, not the publication date of the document)
Pages：10( 78-87 )