Since 2014
What drives housing consumption in China? Based on a dynamic optimal general equilibrium model and spatial panel data analysis
Journal of Economics and Political Economy
View Archive Info| Field | Value | |
| Title |
What drives housing consumption in China? Based on a dynamic optimal general equilibrium model and spatial panel data analysis
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| Creator |
DU, Zhipeng; College of Economics & Management, South China Agricultural University, China ZHANG, Wei Kun; College of Economics & Management, South China Agricultural University, China HE, Yiming; National School of Agricultural Institution & Development, South China Agricultural University Division of Resource Management, West Virginia University, U.S.A email:yh0009@mix.wvu.edu tel: (001) 304-919-8579 |
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| Subject |
Energy use; Housing values; Optimal dynamic general equilibrium; Spatial panel econometrics; China.
Q41; R31; E10. |
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| Description |
Abstract. This paper examines the housing sales in China from 2004 to 2015 utilizing an optimal dynamic general equilibrium theoretical framework combined with a macroeconomic model. The spatial panel econometric empirical results suggest that housing prices and economic growth have increased housing sales in China. However, since house is considered as a special commodity in China, and unemployment show negative impacts on housing sales.Keywords. Energy use, Housing values, Optimal dynamic general equilibrium, Spatial panel econometrics, China.JEL. Q41, R31, E10.
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| Publisher |
Journal of Economics and Political Economy
Journal of Economics and Political Economy |
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| Contributor |
—
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| Date |
2018-03-18
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — — |
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| Format |
application/pdf
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| Identifier |
http://www.kspjournals.org/index.php/JEPE/article/view/1557
10.1453/jepe.v5i1.1557 |
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| Source |
Journal of Economics and Political Economy; Vol 5, No 1 (2018): March; 1-26
Journal of Economics and Political Economy; Vol 5, No 1 (2018): March; 1-26 2148-8347 |
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| Language |
eng
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| Relation |
http://www.kspjournals.org/index.php/JEPE/article/view/1557/1551
http://www.kspjournals.org/index.php/JEPE/article/downloadSuppFile/1557/777 |
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| Rights |
Copyright (c) 2018 Journal of Economics and Political Economy
http://creativecommons.org/licenses/by-nc/4.0 |
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