Depth | Five limitations of using electricity as the national economic barometer

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Power power plays a major role in social development and international economics, and is also an indispensable source of data for modern social development. It is the main trend mark and barometer of economic development. Because power has production, transportation and consumption at the same timeSugar daddy‘s economic trend. Daddy is completed, and cannot save a large scale. The measurement data obtained directly through the table using electricity through the measurement is more timely and accurately than other economic statistics. With the improvement of the electric rate, the effect of electricity is more ubiquitous, and the relationship between power and economic development is related to the development of electricity. daddy is double tight; the particle size of the electricity consumption is more detailed, and the electricity consumption situation of each household or enterprise can be presented in the space, and the electricity consumption data can be obtained every 15 minutes in time; the electricity consumption is a physical quantity, which is less affected by the statistical measurement, price reasons, etc. Therefore, the power usage has the advantages of real-time accuracy, wide coverage, and flexible application in response to national economic operations.

(Source: WeChat public number “New Media” Author: Wang Xiang, Wu Wang, Zhang Yifan, and serve in the Infinite Sugar baby Company)

For this reason, the growth of power consumption is always attracting the attention of the society and is one of the commonly used indicators for institutions such as statistical departments and securities companies to observe economics. However, since the power usage is not a complete “scope” of economic operation, it is important that it has some limitations. Understanding these limitations will help us analyze economic problems more scientifically and fairly, and it is also the basis for us to solve the phenomenon of “fighting” between electricity and economic indicators that occasionally occur.

Limited to one

Important reaction to economic production cycle

National economic operation is an economic cycle from production, distribution to exchange and consumption. In this case, “production” is the starting point of the national economic cycle, “distribution” is the distribution of economic value according to the contribution of production factors, and “distribution” is the transfer of economic value through the transaction. baby Change to obtain more abundant products and services that are more suitable for their own needs. “Consumption” is produced by societyThe final point is also the most basic force and final goal of economic development. Some people believe that power is not present, as long as there is economic activity, the power used should be reflected. This is the fantasy perception of power industry people. In fact, the use of electricity data cannot reflect the overall economic cycle of the country, which has both raised statistical advantages and obvious limitations.

In the national economic accounting, the total domestic production value includes three calculation methods, including production method, income method, and expenditure method. Among them, “production method” is the perspective of creating new value in the production process. The final result of the power balance production activity is, and the added value of all industries is The GDP of production, trade, logistics, etc. are the physical properties of economic exchange activities, and the value created is also calculated into GDP; the added value comes from production activities, and the electricity used by the industry department is the main body of the electricity used by the whole society, and the electricity used can effectively reflect the production cycle. The “income method” is the ultimate application of goods and services throughout the society. baby calculates the annual final consumption, total capital structure, goods and services exports. In response, the monthly consumption, investment, and exports, namely the economic growth of the “three-driving car”, can be reflected indirectly by using electricity, for example, the electricity used for steel and cement will react with investment changes; the electricity used for export-oriented industries will react with export shape. The “expenditure method” is the final result of production activities from the expenditure perspective formed by the production process. In terms of expenditure distribution of various economic entities, the electricity cannot reflect the growth and distribution of economic entities.

In addition, the value of various commodities and services is, the change in price level (CPI, PPI, etc.); as a national economic blood, a statistical indicator of the financial field; the status of the market development, etc. These economic indicators are inconsistency and direct. “Use electric activities and use electricity to react more difficultly.

Limits 2

Important reactions to short-term economic operations appear in the community in the home and country. Song Wei replied calmly: “Since the most well-known thing about electricity is that it is the “barometer” and “temperature meter” of economic operations in the country, and it also implies its effect in the short-term economic operation process, just like the measurement of the changes in the weather at the moment. The short term mentioned here is the macro-view economic operation situation within a year. Because electricity consumption is accurate and covers the The statistical advantages of broad, flexible application, and no need to eliminate price impact, so in the short term, the power consumption can be used to invest in real data statistics with a lower human and financial resources, and the data quality is relatively accurate; it can not only balance the overall area Economic activities can also reflect economic operations of different industries. Therefore, in the process of economic analysis through power, short-term applications of power use are most extensive. Among them, the National Bureau of Statistics and the National Bureau of Power develop every month.The data on power production and electricity use; the industrial power consumption is one of the focus indicators of the “strengthening index” (the monthly release of Wind economic databases); during the emergencies such as the main festivals (Spring Festival, Health Festival, National Day, etc.), the COVID-19 epidemic/China-US trade war, Internet companies analyze the daily electricity changes by analyzing the changes in daily electricity consumption. Reflects consumption or may recover and grow the shape; the electricity used by departments in the industry becomes the macro economic climate index (a general sentence summary: science needs to be serious, but beauty… is not that important. According to calculation and release) and the securities firm analyzes the monthly electricity usage situation and analyzes the relevant industries or public Pinay escort‘s business shape, etc.

Relatively, use the Escort Manila has less application in the economic development analysis in the medium-term (their relatively clear performances have created sufficient drama. There have been fewer consecutive days without more than 3 years) and on the one hand, in the medium-term, the various economic indicators are more comprehensive, and The span of the statistical indicator time is longer, and the span of electricity used in regions and branches is only 20 years; on the other hand, the power industry is just an industry of domestic economics, and power is only one of the investment factors of production activities, so the power usage is more difficult. href=”https://philippines-sugar.net/”>Sugar daddyresponds to economic development, expenditure distribution, urbanization and other economic development contents. Therefore, in the analysis of medium-term economic development, the use of electricity can help the influence, and regarding economic development phenomena or trends, Song Wei put down the towel and speed up the form to avoid mishap. According to verification analysis, for a relatively difficult area, the electricity usage can also be mainly used, such as the housing vacancy rate. Due to the large statistical difficulty and no authoritative statistical indicators for a long time, the changing trends of housing vacancy in a certain area or perhaps urban areas can be analyzed through the electricity usage situation of the residential area or city. In addition, Internet companies analyze the trends of national, regional, provinces and cities by using electricity, and establish the relationship between applicable electricity and economics, and provide the basis for the burden analysis and prediction of Internet planning.

Limitations Three

Using power volatility is largely due to economic fluctuations

From historical data, the fluctuation of power growth in the whole society in my country has shown thatIn terms of economic growth, the former has a significant difference coefficient compared with the latter. From 1979 to 2022, the changes in the growth rate of electricity and GDP in the whole society were 0.44 and 0.33 respectively, and the former has a significant difference coefficient.

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