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Real Estate Investment and Regional Economic Growth:Evidence from Guizhou Province

机译:房地产投资与区域经济增长:来自贵州省的证据

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摘要

The co-integration analysis and Granger causal relationship test are used to analyze the relationship between the real estate investment and economic growth in Guizhou over the years 1995-2009. The results show that long-term stable equilibrium relationship exists between real estate investment and economic growth. Real estate investment and economic growth have nothing but one-way causal relationship. Specifically, economic growth generally Granger-cause real estate investment, but not vice versa.
机译:利用协整分析和格兰杰因果关系检验分析了1995-2009年贵州省房地产投资与经济增长之间的关系。结果表明,房地产投资与经济增长之间存在长期稳定的均衡关系。房地产投资与经济增长之间只有一种因果关系。具体而言,经济增长通常会引起房地产投资,但并非如此。

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