The Impact of Real Estate Investment on Economic Growth: Empirical Studies from 31 Chinese Provinces (2006–2016)

Xinping Wen, Shuang Lei, Yanming Lv () and Bingni Liao
Additional contact information
Xinping Wen: Sichuan Agricultural University
Shuang Lei: Sichuan Agricultural University
Yanming Lv: Sichuan Agricultural University
Bingni Liao: Sichuan Agricultural University

A chapter in Proceedings of the 24th International Symposium on Advancement of Construction Management and Real Estate, 2021, pp 621-630 from Springer

Abstract: Abstract It's of great significance for social development to explore the true impact of real estate investment on economic growth. This paper selects the data of real estate investment, other investment, consumption and exports in 31 provinces (municipalities and autonomous regions) from 2006 to 2016 for empirical analysis. It uses the unit root test and co-integration test to establish a panel data model and obtain a linear regression equation. The research results indicate that real estate investment can promote economic growth, but the promotion is not great. Specifically, the impact factors of China's real estate investment, other investment, consumption and exports on economic growth are: 0.065, 0.089, 0.641 and 0.042, respectively. The impact on economic growth is positive, and the impact effects are significant.

Keywords: Economic growth; Real estate investment; Other investment; Consumption; Exports (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-15-8892-1_45

Ordering information: This item can be ordered from
http://www.springer.com/9789811588921

DOI: 10.1007/978-981-15-8892-1_45

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().