Empirical Research Of The Relationship Between China Real Estate Development And Carbon Emissions

As the closing of the 15th United Nations Climate Conference held in Copenhagen, "low-carbon economy" has become the world's hot spots, gradually being into people's daily lives. Needless to say, "low-carbon economy" is based on low energy consumption and low pollution based. Carbon emissions mainly come from energy consumption. China's rapid economic development consumes a lot of resources and energy, also led to a rapid increase in carbon emissions, In recent years, China's economic development energy demand mainly from the continued rapid development of the real estate industry, however, the real estate industry as a leap second and tertiary industries of economic complex, in its prosperity and development process building caused by energy consumption and carbon emissions in the upstream industry is very serious to be ignored. Therefore, research the relationship between real estate development and building energy consumption and carbon emissions is very essential.This research on the basis of the results in domestic and foreign scholars, has analyzed the relationship between carbon emissions and economic development, industrial development comprehensively. China's economic growth mode is still extensive, China's rapid economic growth has consumed a lot of energy resources, leading to carbon emissions increases, whiles the increase in carbon emissions as well as influenced by the economic structure, population, industrial structure and technological level of development and other factors. Then, with the background times of real estate economics as the leading in china, from the theoretical perspective, according to the conversion coefficient between coal, oil and natural gas and carbon emissions, analyze and compare the change of profession carbon dioxide emissions intensity. Further use of time-series data to establish the country's EBA model; offer the prior research on the value of the relationship between China's carbon emissions and Added value of real estate. On this basis, use the national panel data from 29 provinces and cities, to establish a national fixed-effects model with Midwest and East respectively, for dynamic analysis. Then, use the VAR model to analysis the relationship between value-added real estate, energy consumption and carbon emissions; Finally, Put forward appropriate policy recommendations on the basis of empirical research findings.Descriptive analysis showed that the decline in carbon intensity of major industry was less than the growth rate of GDP, far from achieving the development goals of low-carbon economy. EBA model research shows that:carbon emissions and added value of the real estate industry has positive significant steady relations; Panel data analysis concluded:carbon emissions and real estate development are long-term equilibrium relationship, Housing construction area and construction of energy consumption on the impact of carbon emissions is significant, Different levels of economic development, the impact on carbon emissions is also different. VAR model studies have shown that value-added real estate, building energy consumption and carbon emissions with a linear combination of the three have long-term co integration relationship, The added value of improved real estate, caused a lot of Construction energy consumption, contributing to the increase of carbon emissions, the improvement of real estate value added is the reason for the increase of carbon emissions; Finally, based on theoretical analysis and empirical studies concluded the proposals for adapting to the real estate science of low-carbon development.