Impact of Housing Consumption on Economic Growth in China

摘要：

This paper, based on Chinas statistical data from 1985 to 2007, by employing unit root test, VAR model and variance decomposition, studies the impact of housing consumption on Chinas economic growth. The result denotes that the alteration of GDP is mostly affected by its own alteration, housing consumption is also important in explaining the variance of GDP. Housing consumption in China has greater impact on Chinas economic growth. The government urgently needs to take a series of policies and measures to enforce housing consumption.

关键词： housing consumption ADF GDP VAR variance decomposition

作者: Xijun Wang

作者单位: School of Economics & Management Weifang University Weifang, China

会议类型: 国际会议

会议名称: 2010 2nd International Conference on Education Technology and Computer(第二届IEEE教育技术与计算机国际会议 ICETC 2010)

会议地点: 上海

会议语种:英文

页码: 406-409

在线出版日期: 2010-06-22（万方平台首次上网日期，不代表论文的发表时间）