Real Estate Economic Development Based on Logarithmic Growth Function Model
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 betwe...
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| Format: | Article |
| Language: | English |
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Sciendo
2023-01-01
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| Series: | Applied Mathematics and Nonlinear Sciences |
| Subjects: | |
| Online Access: | https://doi.org/10.2478/amns.2022.2.0031 |
| _version_ | 1797688781424295936 |
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| author | Ma Nan |
| author_facet | Ma Nan |
| author_sort | Ma Nan |
| collection | DOAJ |
| description | 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. |
| first_indexed | 2024-03-12T01:36:42Z |
| format | Article |
| id | doaj.art-ea21db2b9c9a439ba59b5330e4edb831 |
| institution | Directory Open Access Journal |
| issn | 2444-8656 |
| language | English |
| last_indexed | 2024-03-12T01:36:42Z |
| publishDate | 2023-01-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Applied Mathematics and Nonlinear Sciences |
| spelling | doaj.art-ea21db2b9c9a439ba59b5330e4edb8312023-09-11T07:01:08ZengSciendoApplied Mathematics and Nonlinear Sciences2444-86562023-01-018147548210.2478/amns.2022.2.0031Real Estate Economic Development Based on Logarithmic Growth Function ModelMa Nan01Fuzhou University of International Studies and Trade, Fuzhou, Fujian, 350202, ChinaThis 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.https://doi.org/10.2478/amns.2022.2.0031logarithmic growth functioneconomic developmentreal estatelogistic model33b30 |
| spellingShingle | Ma Nan Real Estate Economic Development Based on Logarithmic Growth Function Model Applied Mathematics and Nonlinear Sciences logarithmic growth function economic development real estate logistic model 33b30 |
| title | Real Estate Economic Development Based on Logarithmic Growth Function Model |
| title_full | Real Estate Economic Development Based on Logarithmic Growth Function Model |
| title_fullStr | Real Estate Economic Development Based on Logarithmic Growth Function Model |
| title_full_unstemmed | Real Estate Economic Development Based on Logarithmic Growth Function Model |
| title_short | Real Estate Economic Development Based on Logarithmic Growth Function Model |
| title_sort | real estate economic development based on logarithmic growth function model |
| topic | logarithmic growth function economic development real estate logistic model 33b30 |
| url | https://doi.org/10.2478/amns.2022.2.0031 |
| work_keys_str_mv | AT manan realestateeconomicdevelopmentbasedonlogarithmicgrowthfunctionmodel |