• DocumentCode
    2748632
  • Title

    Co-integration analysis among real estate investment, GDP and output of new wall materials in China

  • Author

    Yan, Ming ; Chen, Qian

  • Author_Institution
    Sch. of Manage., Wuhan Univ. of Technol., Wuhan, China
  • fYear
    2011
  • fDate
    16-17 July 2011
  • Firstpage
    135
  • Lastpage
    138
  • Abstract
    By constructing timing sequences, the long-term co-integration and Granger causality among real estate investment, GDP and the output of new wall materials were analyzed. It is concluded that the real estate investment and the amount of GDP are the co-integration variables of the output of new wall materials, which means they promote the development of new wall material industry. Moreover, the output of new wall material industry doesn´t affect GDP directly, but lead the real estate investment to change.
  • Keywords
    building materials; economic indicators; investment; microeconomics; property market; statistical analysis; walls; China; GDP; Granger causality; cointegration analysis; gross domestic product; new wall material industry; real estate investment; Economic indicators; Error correction; Industries; Investments; Materials; Production; GDP; co-integration analysis; new wall materials; the real estate investment;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Product Innovation Management (ICPIM), 2011 6th International Conference on
  • Conference_Location
    Wuhan
  • Print_ISBN
    978-1-4577-0359-1
  • Type

    conf

  • DOI
    10.1109/ICPIM.2011.5983619
  • Filename
    5983619