An Empirical Analysis of the Relationship Between Real Estate Investment and Economic Growth in Shenyang

Yachen Liu (), Jiaxin Xu () and Ning Liu ()
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Yachen Liu: Shenyang Jianzhu University
Jiaxin Xu: Shenyang Jianzhu University
Ning Liu: Shenyang Jianzhu University

Chapter Chapter 42 in Proceedings of the 17th International Symposium on Advancement of Construction Management and Real Estate, 2014, pp 411-416 from Springer

Abstract: Abstract This paper based on the platform of Eviews 6.0, in the view of the relationship between real estate investment and economic growth in Shenyang using the methods of the cointegration theory, Granger causality test, and error correction model to study empirically the relationship between them. The empirically study result show that, in the long term, there exist the causal relationship, that is the real estate investment growth of Shenyang has significant effect on GDP growth, which can play a good role innuendo and prediction.

Keywords: Shenyang real estate investment; GDP; Granger causality test; Error analysis model (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-35548-6_42

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DOI: 10.1007/978-3-642-35548-6_42

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