An Empirical Analysis of Real Estate Residential Investment and Economic Growth - Taking "Shanxi Province" as an Example

DOI

10.2991/essaeme-17.2017.350How to use a DOI?

Keywords

real estate investment, economic growth

Abstract

This paper take Shanxi Province as an example using unit root test, cointegration test and Granger causality test to analyze the real estate investment and economic growth in Shanxi province. It is found that the real estate investment and economic growth in Shanxi Province are balanced in the long run, and there is a one - way Grange causality. It means that the economic growth in Shanxi Province can significantly promote the growth of real estate residential investment, but it can not lead the local economic growth.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Yucong Ye
AU  - Huangjin Liu
PY  - 2017/07
DA  - 2017/07
TI  - An Empirical Analysis of Real Estate Residential Investment and Economic Growth - Taking "Shanxi Province" as an Example
BT  - Proceedings of the 2017 3rd International Conference on Economics, Social Science, Arts, Education and Management Engineering (ESSAEME 2017)
PB  - Atlantis Press
SN  - 2352-5398
UR  - https://doi.org/10.2991/essaeme-17.2017.350
DO  - 10.2991/essaeme-17.2017.350
ID  - Ye2017/07
ER  -