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An Empirical Analysis of the Relationship Between Real Estate Investment and Economic Growth in Shenyang

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Proceedings of the 17th International Symposium on Advancement of Construction Management and Real Estate
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Abstract

This paper based on the platform of Eviews 6.0, in the view of the relationship between real estate investment and economic growth in Shenyang using the methods of the cointegration theory, Granger causality test, and error correction model to study empirically the relationship between them. The empirically study result show that, in the long term, there exist the causal relationship, that is the real estate investment growth of Shenyang has significant effect on GDP growth, which can play a good role innuendo and prediction.

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Correspondence to Yachen Liu , Jiaxin Xu or Ning Liu .

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© 2014 Springer-Verlag Berlin Heidelberg

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Liu, Y., Xu, J., Liu, N. (2014). An Empirical Analysis of the Relationship Between Real Estate Investment and Economic Growth in Shenyang. In: Wang, J., Ding, Z., Zou, L., Zuo, J. (eds) Proceedings of the 17th International Symposium on Advancement of Construction Management and Real Estate. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-35548-6_42

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