Price Formation Mechanism of International Resource based on Generalized Equilibrium Theory of Demand and Supply
CHEN Xiao-man;LIN Yi;College of Mobile Telecommunications Chongqing University of Posts and Telecom;
International resource has a series of characteristics of limitation, depletion, fundamentality, non-equilibrium,monopoly, storability and bulk, and the price fluctuation had important impact on global economic development. From the aspect of generalized equilibrium theory of demand and supply, the commodity property will cause the price change of international resource, the trade policy and speculative behavior are the important factors on international resource price change. China as a large international resource importer and consumption nation, we should fully recognize the fundamental property, financial property and political property of international resource, adopt targeted measure, and actively cope with the international resource security challenge to guarantee the necessary resource safety of economic society.
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