IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-662-46994-1_40.html
   My bibliography  Save this book chapter

Study on the Correlation Between Urbanization and Economic Development, Real Estate Market in Xi’an

In: Proceedings of the 19th International Symposium on Advancement of Construction Management and Real Estate

Author

Listed:
  • Donglang Yang

    (Xi’an Jiaotong University)

  • Tianzhe Li

    (Xi’an Jiaotong University)

  • Yiqi Li

    (Xi’an Jiaotong University)

Abstract

This paper is based on the urbanization, economic development and real estate market data in Xi’an city using the analysis model of Econometrics includes entropy, stability testing, Johansen Cointegration and Granger causality test to explore the interactions and relationships among economic development, urbanization and the real estate market. The results show that: the level of economic development, urbanization and the development of the real estate market since 2001 in Xi’an have steadily improved overall; there is a long-term equilibrium relationship among the economic development, urbanization and the real estate market; In the 5 % level of significance, for each Granger causality between economic development and urbanization; Urbanization is the Granger cause of the real estate market development, but lack empirical support for the inverse relationship; Economic development is not the Granger cause of the real estate market development, but also the development of the real estate market is not the Granger cause of the economic development. Based on the results of this study, this paper presents the corresponding policy suggestions.

Suggested Citation

  • Donglang Yang & Tianzhe Li & Yiqi Li, 2015. "Study on the Correlation Between Urbanization and Economic Development, Real Estate Market in Xi’an," Springer Books, in: Liyin Shen & Kunhui Ye & Chao Mao (ed.), Proceedings of the 19th International Symposium on Advancement of Construction Management and Real Estate, edition 127, chapter 0, pages 483-494, Springer.
    • Handle: RePEc:spr:sprchp:978-3-662-46994-1_40
    DOI: 10.1007/978-3-662-46994-1_40
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-662-46994-1_40. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.