Title :
Notice of Retraction
The dynamic relationship between real estate investment and economic growth in China
Author_Institution :
Sch. of Econ. & Manage., Weifang Univ., Weifang, 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.
This paper, based on China´s annual data from 1986 to 2007, by employing methods of VAR model, Granger causality test and variance decomposition, studies the relationship between real estate investment and economic growth. The result denotes that there is unilateral causality between real estate investment and economic growth, for a long period the alteration of GDP is mostly affected by its own alteration, and the impact of GDP to real estate investment gradually increases.
Keywords :
causality; econometrics; property market; China; Granger causality test; VAR model; dynamic relationship; economic growth; real estate investment; unilateral causality; variance decomposition; Commercialization; Econometrics; Economic indicators; Electrical equipment industry; Fluctuations; Investments; Materials testing; Pricing; Production; Reactive power; GDP; Granger causality test; VAR; real estate investment; variance decomposition;
Conference_Titel :
Computer Engineering and Technology (ICCET), 2010 2nd International Conference on
Conference_Location :
Chengdu
Print_ISBN :
978-1-4244-6347-3
DOI :
10.1109/ICCET.2010.5485735