The Research Of The Economic Transformation Based On Industry Relevance Of Steel Industry And Real Estate

Our economic policies have continued to encourage accelerated economic restructuring and upgrading in the past,but the actual performance were unsatisfactory.We often put the transformation and upgrading of the 'bottleneck'reasons attributed to the lack of institutional mechanisms.At the same time,because of the internal contradictions of China's economic operation over the past 30 years,it has been overshadowed by the phenomenon of economic growth,which is imminent in the current economic slowdown,overproduction and export-driven unsustainable economic transformation and upgrading.The steel industry is the most important basic industry in the national economy.The real estate industry is the pillar industry of the national economy and the economic complex that spans the second and tertiary industries.The two industries are China's core link in investment in recent years.Its development affects many upstream and downstream industries as well as the overall national economy.From the perspective of these two industries to study China's economic transformation has an outline role.In recent years,the real estate industry has been repeatedly regulated,the steel industry as a serious surplus has become a "supply side of the structural reform" in the first to become the focus of reform of the industry,the study of the relationship between the two industries,for the future of China's economic structure,the adjustment and even the whole country economic transformation is of great significance.This paper introduces some basic theories of economic and industrial transformation in the first,and then analyzes the relationship between steel industry and real estate development.Steel industry is in the middle of the industrial chain stage,with a number of upstream and downstream industries associated with its development by the impact of a number of downstream industries.In the introduction of the steel industry,through the influence coefficient and the distribution coefficient of these two indicators to measure the iron and steel industry's industrial relevance,indicating that the steel industry and the real estate industry is a high degree of correlation industry,steel and real estate industry as the representative of the construction industry direct distribution coefficient of up to 0.232.Then the chart shows that the development of the real estate industry and the development of the steel industry there is a positive feedback between the past two decades,the steelindustry and the real estate industry have been rapid development.Through the descriptive analysis of the initial display of the steel industry and the real estate industry development and measurement indicators.And then further use the national time series data to establish the model,China's steel production and real estate value of the relationship between a priori study.EBA model study shows that China's steel production and real estate added value there is a significant positive relationship.To further explore the relationship between the steel industry and the real estate industry,Through the establishment of panel data in 31 provinces in the country,there is a significant positive relationship between the added value of real estate and steel production,the improvement of real estate development and the rise in commercial housing prices,and the increase in steel production,indicating that the development of real estate Will promote the increase in demand for steel.Urbanization level,unit value added energy consumption and housing construction area are significant positive relationship with the steel production,while the increase in foreign direct investment and labor capital ratio is conducive to industrial transformation and upgrading.Next,from the relationship between the steel industry and the real estate industry to study China's economic transformation,when the investment,export-oriented and investment are difficult to continue to drive economic development,reducing production capacity,inhibition of real estate speculation,income distribution and improve the welfare have become the better way.On the basis of industry association,this paper discusses the choice of industrial structure optimization,replacement and economic transformation.Finally,we put forward some policy suggestions on the transformation and upgrading of China's economy on the basis of relevant analysis.