Title :
Stable Analysis and Forecast of Real Estate Economic System in China
Author :
Nai-peng, Hu ; Jin-xin, TIAN
Author_Institution :
Sch. of Manage., Harbin Inst. of Technol.
Abstract :
In recent years real estate industry in China has been developing very fast. The present problem is how to get a stable system for this industry, so that it can be developed in a healthy way. Real estate economic system itself is a very complex system, so the interacting relationship between key factors in this system must be studied in order to grasp accurately and forecast its running rules. This paper uses pulses process theory under an assumption that the real estate system is closed and can not be influenced by outer factors. Then key factors of the system must be chosen, at the same time the main relationships of these key factors must be found. The following step is to draw a signed digraph based on these factors and their relationships. By using real statistic data of this system the author can get a real weighed signed digraph and an adjacent matrix. The next step is to give the starting p(0)=nu(0) a value, such as give valuable nu3 a sudden increase of 1, changes of the whole system can be gained. The values of all the changes caused by the sudden increase of nu3 show us clearly how these key factors influence each other. According to simple pulse process stable theory, the non-vanishing characteristic values of the adjacent matrix must be equal to or smaller than 1, at this time the system is stable. This paper only studies on systematic stability under the condition that one factor changes. In the following research multi-factors will be studied. This kind of condition will be more close to real system. So based on the result of these research work, some macroscopic policies of real estate industry can be adjusted to make the real estate industry run more stably
Keywords :
directed graphs; economic forecasting; macroeconomics; matrix algebra; real estate data processing; stability; China; adjacent matrix; macroscopic policies; pulse process theory; real estate economic system forecast; real weighed signed digraph; systematic stability; Economic forecasting; Industrial economics; Industrial relations; Investments; Marketing and sales; Predictive models; Stability; Statistics; Technology forecasting; Technology management; Economic system; Pulse process; Real estate; Stability;
Conference_Titel :
Management Science and Engineering, 2006. ICMSE '06. 2006 International Conference on
Conference_Location :
Lille
Print_ISBN :
7-5603-2355-3
DOI :
10.1109/ICMSE.2006.314149