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Real Estate Economic Development Based on Logarithmic Growth Function Model

Nan Ma

Nan Ma

Fuzhou University of International Studies and TradeChina
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Ma, Nan
  
Jul 15, 2022
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Published Online: Jul 15, 2022
Page range: 475 - 482
Received: Jan 26, 2022
Accepted: Mar 18, 2022
DOI: https://doi.org/10.2478/amns.2022.2.0031
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© 2023 Nan Ma, published by Sciendo
This work is licensed under the Creative Commons Attribution 4.0 International License.

This article uses a logarithmic growth model to analyze the correlation between the national economy and real estate. It reveals the Granger causality between the national economy and the real estate economy. The results show a long-term equilibrium relationship and a two-way Granger causality between real estate prices and economic growth. Excessive growth in real estate prices will create bubbles and will also drive economic growth backward.

Language:
English
Publication timeframe:
1 times per year
Journal Subjects:
Life Sciences, Life Sciences, other, Mathematics, Applied Mathematics, General Mathematics, Physics, Physics, other
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