The Empirical Analysis With Relations Of Chinese Real Estate Industry And Economical Growth

Since reform and opening up, the economy of China has maintained a sustained, rapid development, the economic strength and international status has improved significantly. At the same time, the real estate development has also made tremendous achievements and the real estate industry has become the foundation of the national economy, guiding and pillar industry. Especially since the 1990s, as Chinese housing allocation system to the welfare of obtaining money and commercialization changes, China has achieved rapid real estate development. As a new industry,the real estate plays an important role on Chinese economic development, both mutual influence is growing stronger and stronger. Housing construction on the one hand to the real estate industry based in stimulating economic growth, expanding employment has played a positive role;On the other hand, the rapid development of the real estate industry, also benefited from the sustained, rapid growth of the disposable income of residents and raising the accelerated process of urbanization. As a pillar industry, the real estate industry has a long industrial chain, and huge association decrements, which can directly or indirectly boost the number of downstream industries, especially consumer goods sustenance of growth.Therefore, how to effectively promote the socialist market economy under the conditions of the rapid development of real estate industry, real estate development and makes sustained and healthy development of national economy in line with, and achieve positive interaction, which is a very important and pressing issue.In this paper, " The Empirical Analysis with relations of Chinese Real estate industry and economical growth " to examine the real estate industry and the national economy in the overall relevance, they reveal the total number of law. The full text is divided into four chapters. For the first chapter introduction, the topic of the article background, the purpose and significance of the relevant literature both at home and abroad, the analysis of domestic and international real estate investment and economic relations on the situation, the esearch-based lay more solid foundation; The second chapter is the national economy and the real estate investment relations theoretical analysis, expounded on the real estate industry in national economic development as well as the status and role of the real estate and development of the national economy in general; The third chapter is the focus of this paper, the real estate and economic relations empirical analysis.In this chapter, will use vector autoregressive model, variable parameter model and the impulse response function of the interaction between each other constraints. The fourth chapter, in accordance with previous theories and analysis of Chinese real estate industry to promote the coordinated development of national economy and make some suggestions. Finally, the conclusions and vision, carding and reaffirmed the results of this study and conclusions of the follow-up research direction for the prospects. In this paper, the end result is, although the domestic real estate industry and the national economy in the total balance concern and study, but the research methods used for more qualitative analysis, even if quantitative analysis, mostly single factor or two factors. This paper is aimed at the real estate industry and the national economy overall balance empirical analysis to explore the interaction between the two relationships.