Farmer Capital Investment and Accumulation in an Closed Capital Market Condition ——a Simulation Analysis Based on System Dynamics
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Abstract Under the assumption of closed capital market and farmers’ seeking capital accumulation maximization, simulations made on insurance expenses, education expenses and the impact of capital and labor in the process of capital accumulation with a model of capital accumulation of farmers by system dynamics. It is concluded that in long run, insurance expenses have little impact on capital accumulation, but the impact of education spending is more and more obvious, besides, for the farmers of labors-imcome, the capital accumulation is more sensitive to the shock of labor to capital.The application of SD is tested in capital accumulation of farmers.
WANG Chang-Wei,GU Hai-Yang. Farmer Capital Investment and Accumulation in an Closed Capital Market Condition ——a Simulation Analysis Based on System Dynamics. Economic Survey, 2013, 1(1): 016.
2013, Vol. 1 
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