The economic influence of oil shortage and the optimal strategic petroleum reserve in China

Strategic petroleum reserve (SPR) plays an vital role in ensuring energy security. China initiated the strategic petroleum reserve in 2004. The optimal scale of SPR has become a concern to policymakers. The paper adopts a computable general equilibrium (CGE) model to examine the influence of oil sho...

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Bibliographic Details
Main Authors: Houyin Long, Shitong Wang, Wei Wu, Guanglu Zhang
Format: Article
Language:English
Published: Elsevier 2022-11-01
Series:Energy Reports
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2352484722014330