CPI与PPI的分化因素考究——基于消费结构升级视角的讨论
Loading...
Date
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Abstract
2012年以来CPI和PPI的背离及2017年缺口的迅速反转是我国市场化推行以来从未有过的现象，CPI与PPI波动的同步性明显淡化。本文首先将CPI由产品分类调整为行业分类口径，并与分行业的PPI进行深度的对比分析，发现，导致2012年之后CPI和PPI分化的原因，主要包括：（1）2012年之后，CPI中与PPI无明显交集的服务品权重明显提升是导致CPI与PPI背离的一个重要因素；（2）CPI和PPI核心驱动因素的相互作用减弱。对PPI影响较大的是上游重工业生产资料行业(“黑五类”)，食品价格波动则是CPI波动的主要驱动力。通过投入产出表分析，食品类行业原料中“黑五类”投入在2012年之后大幅...
The departure of CPI and PPI since 2012 and the rapid reversal of the gap in 2017 are phenomena that have never happened since the marketization in China. The co- direction of CPI and PPI are obviously diminished. In this paper, we first adjust the CPI index from product classification to industry classification caliber, and then analyzes the causes of the gap deeply, giving a detailed introductio...
The departure of CPI and PPI since 2012 and the rapid reversal of the gap in 2017 are phenomena that have never happened since the marketization in China. The co- direction of CPI and PPI are obviously diminished. In this paper, we first adjust the CPI index from product classification to industry classification caliber, and then analyzes the causes of the gap deeply, giving a detailed introductio...