Analysis on Interaction between Real Estate Investment and Gross Domestic Production-Based on the Data of Each Province from 1997 to 2007

Liu Guiwen; Hu Fenghan; Lin Chuan

Citation: Liu Guiwen, Hu Fenghan, Lin Chuan. Analysis on Interaction between Real Estate Investment and Gross Domestic Production-Based on the Data of Each Province from 1997 to 2007. Journal of Information Technologyin Civil Engineering and Architecture, 2010, 2(1): 99-102.

2010, 2(1): 99-102.

Analysis on Interaction between Real Estate Investment and Gross Domestic Production-Based on the Data of Each Province from 1997 to 2007

Liu Guiwen ^1,, Hu Fenghan ^1,, Lin Chuan ^2,

1.	Faculty ofConstruction Management and Real Estate, Chongqing University, Chongqing 400045, China
2.	College ofTrade and Administration, Chongqing University, Chongqing 400045, China

Web Publishing Date: 2010-03-01

Based on the data of real estate investment and gross domestic production (GDP) of each province from 1997 to 2007, this paper tries to analyze the relationship between them by using Cointegration Test and Granger Causality Test.The research reveals that there is a long-term interaction between real estate investment and gross domestic production.Expanding real estate investment could stimulate the growth of gross domestic production, and the changes of GDP will also have effect on real estate investment.

Key words: Real Estate Investment, Gross Domestic Production, Cointegration Test, Granger Causality Test

[1]	Baird G, and S.A.Chan Energy.Cost of House and Light Construction Buildings and Remodeling of Existing House [J].New Zealand Energy Research and Development Committee, 2000, (76).
[2]	Green, R.K.Follow the Leader:How Changes in Residen-tial and Non-residential Investment and GDP[J].Real Estate Economics, 1997, (2).
[3]	Liu H.Y., Yun W.P., and Zheng S.Q..The Interaction between Housing Investment and Economic Growth in China[J].International Real Estate Review, 2002, (1).
[4]	国家统计局综合课题组.关于房地产对国民经济影响的初步分析[J].管理世界, 2005, (11).
[5]	黄忠华, 吴次芳, 杜雪军.房地产投资与经济增长[J].财贸经济, 2008, (8).
[6]	孔煜, 魏峰, 任宏.我国房地产投资与G D P之间关系的区域差异分析[J].建筑经济, 2005, (1).
[7]	裴艳飞, 陈瑛, 李慧.城市房地产发展与城市社会、经济和生态环境综合系统协调性的评价[J].统计与决策, 2009, (2).
[8]	沈悦, 刘洪玉.住宅价格与经济基本面[J].经济研究, 2004, (6).
[9]	温军, 赵旭峰.我国股票市场、房地产市场与经济增长的关系[J].统计与决策, 2007, (20).
[10]	杨朝军, 廖士光, 孙洁.房地产业与国民经济协调发展的国际经营及启示[J].统计研究, 2006, (9).
[11]	张红利, 林成.中国房地产市场的制度缺陷与调控政策选择[J].统计与决策, 2009, (4).

Metrics

PDF Downloads(10)
Abstract views(866)
HTML views(673)

Related Keywords

On this site
Real Estate Investment Gross Domestic Production Cointegration Test Granger Causality Test
On Google Scholar
Real Estate Investment Gross Domestic Production Cointegration Test Granger Causality Test
On PubMed
Real Estate Investment Gross Domestic Production Cointegration Test Granger Causality Test

Analysis on Interaction between Real Estate Investment and Gross Domestic Production-Based on the Data of Each Province from 1997 to 2007

Metrics

Other articles by authors

Related Keywords

Figures And Tables