System Dynamics Simulation Model for Port Economy Analysis

This paper looks into the dynamic effect of ports on urban economy. Analysis of port’s influence on economy is conducted based mainly on system dynamics (SD), combining also input- output method, the Multiplier, and econometrics model. By applying the SD model in the port economic system of Zhuhai city together with performing both base simulation and policy simulation of such model, it concludes the dynamic impact of Zhuhai Port on urban economy by the year 2025 and puts forward suggestions for Zhuhai Port development.