Earticle

초록

영어

With Fujian Province as object of study, panel data from 1980 to 2013 is selected in this paper. Besides, VAR model is established. Co-integration test, Granger causality, impulse response function and variance decomposition are used for quantitative analysis on correlation between real estate development, financial expenditure and economic growth in Fujian Province. The research results show that long-term stable balance among real estate development, financial expenditure and economic growth in Fujian Province. Real estate development and financial expenditure are the Granger factors driving the growth of economic growth. Financial expenditure is the Granger reason for real estate development’s development. On this basis, the author proposes some policies and recommendations for macroeconomic regulation and control in Fujian Province.

목차

Abstract
 1. Introduction
 2. Mathematical Models
  2.1. Vector Auto Regression Model
  2.2. Stationary Test
  2.3. Johansen Co-integration Test
  2.4. Granger Causality Test
 3. Empirical Analysis
  3.1. Evaluation Index
  3.2. Data Collection and Data Processing
  3.3. ADF Unit Root Test
  3.4. The Optimum Lag Order
  3.5. Co-integration Test
  3.6. Granger Causality Test
  3.7. Vector Auto Regression Model
  3.8. Impulse-response Analysis
 4. Conclusions
 Acknowledgements
 References

키워드

저자

• Yihua Zhang [ Jimei University, Xiamen 361021, China ]
• Yuan Wang [ Jimei University, Xiamen 361021, China ]
• Jiao Li [ Jimei University, Xiamen 361021, China ]
• Baoxi Cai [ Jimei University, Xiamen 361021, China ]

참고문헌

발행기관

간행물

표지보기 관심저널 등록

• 간행물명

  International Journal of u- and e- Service, Science and Technology

• 간기

  격월간

• pISSN

  2005-4246

• 수록기간

  2008~2016

• 십진분류

  KDC 505 DDC 605