Research on the Correlation between Inflation and House Price in China

摘要：

Both Inflation and the price of real estate have been the heated issues during the process of Chinese economic development This paper starts with the discussion of the correlation between the two issues, demonstrates the theories and relative correlation qualitatively, and then takes the price of housing, inflation rates, output and interest rates as variable data, conducting a series of quantitative analysis including Johansen Co-integration Test, Granger Causality Test and the Impulse Response Function, and finally draws the conclusion: there is two-way causal correlation between Chinese housing price and inflation rate.

关键词： inflation house price Johansen Co-integration Test Granger Causality Test and Impulse Response Function

作者: Guan Tao Li Huili

作者单位: School of Business East China Normal University NO.500, Dong Chuan Rd, Shanghai, China,200241

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: 1-5

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）