Author(s)

Ke Wang, Ting Wang, Shicheng Pan

Corresponding Author

Ting Wang

ABSTRACT

The development of modern logistics is inextricably linked with the regional economy. This paper establishes a system dynamics model of the correlation between logistics industry and economic development, maintains the total retail sales of social consumer goods and the total retail sales of goods plus total stock respectively represent the logistics demand and supply capacity, then introduces the related index between logistics and economy in the model to examine the growth rate of logistics demand. This essay forecasts the growth trend of critical indicators in Guizhou Province from 2016 to 2030. Finally, some countermeasures and suggestions have been put forward to realize the rapid and coordinated development of economy and logistics in Guizhou Province.

KEYWORDS

Logistics and Economy, System Dynamics, Logistics Demand, Logistics Supply Capacity