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

In: Proceedings of the 17th International Symposium on Advancement of Construction Management and Real Estate

Author

Listed:
  • Yachen Liu

    (Shenyang Jianzhu University)

  • Jiaxin Xu

    (Shenyang Jianzhu University)

  • Ning Liu

    (Shenyang Jianzhu University)

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.

Suggested Citation

  • Yachen Liu & Jiaxin Xu & Ning Liu, 2014. "An Empirical Analysis of the Relationship Between Real Estate Investment and Economic Growth in Shenyang," Springer Books, in: Jiayuan Wang & Zhikun Ding & Liang Zou & Jian Zuo (ed.), Proceedings of the 17th International Symposium on Advancement of Construction Management and Real Estate, edition 127, chapter 0, pages 411-416, Springer.
    • Handle: RePEc:spr:sprchp:978-3-642-35548-6_42
    DOI: 10.1007/978-3-642-35548-6_42
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