The Study of Correlation Between Housing Price And Inflation

摘要：

With analysis of correlation between real estate and inflation, this essay studies the driving effects of real estate on national economy. The author makes use of the relative data of China from 1998 to 2010, including house pricing (HP), rate (I), industrial output (YIELD), monetary circulation (M2) and CPI. By means of vector autoregressive model and vector error correction model in the empirical analysis, it finally proves that the house price has a long-term marked effect on the CPI rather than the short-term one.

关键词： House pricing Inflation Johansen Co-Integration Test Granger Causality Test

作者: Shaomei Fang ShuhuaWu Guanjia Huang Xianghong Hu Jian Xian

作者单位: College of Science in South China Agriculture University, Guangzhou, Guangdong, China

会议类型: 国际会议

会议名称: 2011 International Conference on Economic and Information Management(2011年经济与信息管理国际会议 ICEIM 2011)

会议地点: 北京

会议语种:英文

页码: 206-208

在线出版日期: 2011-09-03（万方平台首次上网日期，不代表论文的发表时间）