A Simulation Study of the Development of China's Trust Industry Based on System Dynamics

Abstract

Abstract:

This paper makes a simulation study of the development of China's trust industry. A system dynamics model is constructed based on the analysis of the key factors affecting the development of trust industry as well as the trust industry's socio-economic effects. Then simulation analysis is made to explore the impacts of different policies, i.e. monetary policies, net capital restriction and person income taxes, on the size of the total assets and business structure of trust industry. It is found that monetary policies would influence the size of total assets but have little effects on the business structure. And the net capital restriction has obvious effects on the size of total assets, while the personal income taxes would affect the business structure of China's trust industry.

Key words: trust industry, policy analysis, system dynamics, simulation

Li Zimin, Zhong Conglin, Liu Jiajia, Dong Zhi, Fang Yong, Dong Jichang. A Simulation Study of the Development of China's Trust Industry Based on System Dynamics[J]. , 2018, 30(4): 3-11.

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