Title :
Three Dimensional Dynamic Model of Real Estate and Macro Control
Author :
Ma, Dan ; Ma, Tianran ; Lv, Haojin
Author_Institution :
Sch. of Sci., China Univ. of Min. & Technol., Xuzhou, China
Abstract :
This paper according to economics of real estate and macro-control theory, combine with the characteristics of the real estate market, macro-control of the real estate market is studied. Systematically established the Stability conditions of equilibrium point for this model which is given by dynamic model of three-dimensional non-linear differential equations based on the the total number of houses on the real estate business, the government´s average housing investment funds and the standard price. What´s more, through the use of extreme value analysis model, government funds have been invested in real estate business building devotion principles and the construction base of the real estate businessmen has also been estimated successfully. This provides the corresponding theoretical basis for government macro control policy-making.
Keywords :
nonlinear differential equations; property market; extreme value analysis model; macro control theory; nonlinear differential equations; real estate economics; stability conditions; Buildings; Construction industry; Differential equations; Economics; Electricity supply industry; Government; Investments; Macroeconomics; Paper technology; Stability;
Conference_Titel :
Computational Intelligence and Software Engineering, 2009. CiSE 2009. International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-4507-3
Electronic_ISBN :
978-1-4244-4507-3
DOI :
10.1109/CISE.2009.5366205