The Regional Differences of Real Estate Investment Based on the Local Preferences: An Analysis of China with Panel Data
This paper investigates the regional differences of the real estate investment based on a panel data of 30 provinces over the period 1998-2006. The local preferences are considered, the variable coefficients model with fixed-effect is also applied to examine those differences. The result indicates that Chinas real estate investment has obvious spatial-temporal differences. The local economys dependence on the real estate investment is more obvious in some provinces of the eastern and western regions, while the central region is weak. From the time aspect, the eastern provinces dependence shows a downward trend, but the dependence in some provinces of the central and western regions is on the rise, and the western region is more remarkable. This reflects the diffusion effects of real estate investments.
Local Preferences Real Estate Investment Regional Differences Panel Data
LI Jintao TAN Shukui SUN Huiqing
College of Public Administration, Huazhong University of Science and Technology, P.R.China, 430074 Commanding Communications Academy, P.R.China, 430010
国际会议
2008年国际应用统计学术研讨会(2008 International Institute of Applied Statistics Studies)
烟台
英文
1-6
2008-08-14（万方平台首次上网日期，不代表论文的发表时间）