Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)

Cultural Industry System Based on Interest Rate Risk Analysis of Commercial Banks

Authors
Jiawei Liyy13532285812@163.com
University of Bristol
Corresponding Author
Available Online 15 December 2021.
DOI
10.2991/assehr.k.211209.159How to use a DOI?
Keywords
commercial bank; Interest rate risk; Culture; GARCH model
Abstract

In order to study the cultural industry system, the cultural industry index is established based on the interest rate risk of commercial banks:

1) Realise and calculate the generalised autoregressive conditional heteroscedasticity (GARCH) model through the value-at-risk (VaR) risk analysis method.

2) Establish the cultural industry evaluation index, and use the entropy method to calculate the index weight.

3) The evaluation indicators of cultural industries are analysed and compared.

The research results show that the weights of representative cultural industry added value, cultural and government research and development, and education fiscal expenditure are 0.091, 0.088, and 0.089, respectively, which significantly impact cultural industries’ development. The whole scale will be closer to the adjustment of interest rate sensitive assets and liabilities of joint-stock commercial banks, which indicates that joint-stock commercial banks are more flexible in coping with interest rate risks than large state-owned commercial banks. A theoretical basis is provided for the development of cultural industries.

Copyright
© 2021 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
15 December 2021
ISBN
978-94-6239-483-4
ISSN
2352-5428
DOI
10.2991/assehr.k.211209.159How to use a DOI?
Copyright
© 2021 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Jiawei Li
PY  - 2021
DA  - 2021/12/15
TI  - Cultural Industry System Based on Interest Rate Risk Analysis of Commercial Banks
BT  - Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
PB  - Atlantis Press
SP  - 971
EP  - 975
SN  - 2352-5428
UR  - https://doi.org/10.2991/assehr.k.211209.159
DO  - 10.2991/assehr.k.211209.159
ID  - Li2021
ER  -