An Empirical Analysis of Influencing Factors in Real Estate Prices of China

摘要：

In this paper, we establish a Vector Autoregressive (VAR) model with the economic data from 2002Q1 to 2011Q3 and empirically analysis the main factors which influence Chinas real estate price and the dynamic effects of different control policies on the real estate price especially. The results show that: China’s economic fundamentals can’t explain the quick rise of real estate price and real estate regulation policies have become the important factors which influence the real estate price.

关键词： Real Estate Price Real Estate Control VAR Model

作者: AH Hui WANG Jun WANG Ruidong TAO Yuanjun

作者单位: School of Economics, Dalian University of Technology, Dalian, China, 116024 High School Attached to Capital Normal University, Beijing, China, 100048

会议类型: 国际会议

会议名称: The 4th (2012) International Conference on Financial Risk and Corporate Finance Management(第四届(2012)金融风险与公司金融国际研讨会 FRCFM)

会议地点: 大连

会议语种:英文

页码: 52-57

在线出版日期: 2012-07-07（万方平台首次上网日期，不代表论文的发表时间）