Title :
Notice of Retraction
Tourism expansion can enhance real estate investment: Evidence from the Hainan island
Author :
Xue-pin, Wu ; Jun-yang, Li
Author_Institution :
School of Management, Shanghai University School of Economic and Managenment, Hainan University Shanghai, China; Haikou, China
Abstract :
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Can tourism expansion cause the growth of real estate investment? This study examines the causal relationship between tourism and real estate investment in Hainan island. The cointegration test indicates that there is a long-run equilibrium relationship between tourism and real estate investment, A Granger causality also supports that tourism causes real estate investment in one direction. In addition, the empirical evidence of impulse response function clearly shows that the tourism can produce a positive promotion to real estate investment.
Keywords :
Analytical models; Economics; Industries; Investments; Reactive power; Stability analysis; Technological innovation; Cointegration; Granger causality; Impulse response function; Real estate investment; tourism;
Conference_Titel :
E -Business and E -Government (ICEE), 2011 International Conference on
Conference_Location :
Shanghai, China
Print_ISBN :
978-1-4244-8691-5
DOI :
10.1109/ICEBEG.2011.5882273
