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- Bai, Y.; Zhou, D.Q.; Zhou, P.
- Applied energy 2012 v.97 pp. 84-90
- disaster preparedness, etc ; imports; issues and policy; macroeconomics; models; oils; petroleum; social welfare; supply balance; tariffs; China; Show all 11 Subjects
- ... The potential economic damages from oil supply disruptions could be suppressed by emergency preparedness and response measures. As two of the most feasible response measures, oil import tariff and strategic petroleum reserve (SPR) could alleviate short-run oil supply and demand imbalance situations. This study develops a two period model to explore China’s optimal tariff rate and stockpiling size. ...