Title :
Grey system-dynamics analysis of circular economy
Author :
Zhao Jie-jue ; Dang Yao-guo ; Zhang Li-bo
Author_Institution :
Coll. of Econ. & Manage., Univ. of Aeronaut. & Astronaut., Nanjing, China
Abstract :
According to the consumption of resources, environment and GDP, as well as the relationship among the three, this paper analyzes circular economy with the method of system dynamics. Firstly, the conception of green GDP is introduced, and the possibility of system dynamics is proven with the grey incidence analysis. Furthermore, the system dynamics model of circular economy with three different states is set up, whose validity and practicability is proven.
Keywords :
economic indicators; grey systems; circular economy; green GDP; grey incidence analysis; grey system dynamics analysis; system dynamics model; Biological system modeling; Coal; Economic indicators; Ice; Industries; Recycling; Wastewater; circular economy; green GDP; grey incidence analysis; system dynamics;
Conference_Titel :
Grey Systems and Intelligent Services (GSIS), 2011 IEEE International Conference on
Conference_Location :
Nanjing
Print_ISBN :
978-1-61284-490-9
DOI :
10.1109/GSIS.2011.6043976
